Pressdia Ad

Ethiopia unveils plan for 80% local participation to reduce reliance on foreign contractors

Ethiopia has unveiled an ambitious strategy to increase local participation in international construction and infrastructure projects to 80% over the next decade, as the government seeks to reduce dependence on foreign contractors and strengthen the competitiveness of domestic firms, as reported by Business Insider Africa. The initiative is being led by the Ministry of Urban and Infrastructure as part of a broader effort to build local capacity and retain more economic value within the country. 

According to ministry officials, only about 33% of Ethiopia’s licensed contractors and consultants currently possess the technical and operational capabilities required to compete in international tenders. The government aims to raise that figure to 55% in the medium term before reaching its long-term target of 80% local participation in global construction bids.  have often been awarded to foreign contractors due to financing, technology, and capacity advantages.  reducing import dependence, and creating stronger domestic enterprises capable of competing across Africa. 

Analysts say the initiative could mark a significant shift for Ethiopia’s construction sector if successfully implemented, helping local companies secure a larger share of infrastructure spending while supporting job creation, skills development, and industrial growth in one of Africa’s fastest-growing economies.

Pressdia Ad

Subscribe to Newsletter

Get the latest in luxury, business, and elite trends—subscribe now!

Pressdia Ad

Subscribe

Latest Posts

Amusan Strikes Gold at New Taipei Athletics Open in Taiwan

Nigeria’s world champion hurdler Tobi Amusan clinched gold in the women’s...

Elumelu’s Heirs Energies US$750m Financing Gains Global Recognition

Heirs Energies’ US$750 million financing package has received global industry recognition...

Sahara Group Expands Recycling Network Across Northern Communities in Drive Toward Circular Economy

Sahara Group Foundation has expanded its recycling infrastructure across northern communities...

East African Importers Face Rising Costs as Shipping Giants Increase China Cargo Charges

Importers across East Africa are preparing for higher business costs after...

South Africa’s Omnia posts 21% profit surge, rewards shareholders with higher dividend

South African fertiliser and chemicals producer Omnia Holdings reported a strong...

Luxury Beaded Innovation & Contemporary Ghanaian Style — Myth House

Founded by Akua Buckman, Myth House is a luxury fashion accessories...

Top 10 West African Women Dominating the Movie Industry in 2026

West Africa’s film industry continues to command global attention through compelling...

Related Posts

Elumelu’s Heirs Energies US$750m Financing Gains Global Recognition

Heirs Energies’ US$750 million financing package has received global...

Sahara Group Expands Recycling Network Across Northern Communities in Drive Toward Circular Economy

Sahara Group Foundation has expanded its recycling infrastructure across...

LEAVE A REPLY

Please enter your comment!
Please enter your name here