Ethiopia aims to create eleven million new jobs in the coming ten years, as per a 10-year development plan devised by Ethiopia's Ministry of Urban Development and Construction.
Aisha Mohammed, Minister of Urban Development and Construction, speaking at a consultation meeting, said the sector her ministry leads makes use of 60 percent of Ethiopia's resources. If it is to be untangled from the mess it is in, she notes, it can greatly contribute to the development and growth of the country.
The Minister pointed out that the sector of urban development and construction has to the most part been dominated by foreign contractors, dependent on export outputs, suffered from maladministration, is not sufficiently supported by technology, and hence lacks competitiveness. The newly devised 10-year plan hopes to address these problems, among other issues.
In the next decade, due attention will be given to improving project management, reducing maladministration, and introducing efficiency in the coming ten years, it was learned. Consequently, it is aimed to create 3.3 million direct employment and 8.3 indirect employment in the sector.
During the ten years, the urban development and construction plan hopes to see 25 percent of contracts in construction handed over to foreign companies, while 75 percent is reserved for local contractors.
Source: ENA
