Ethiopia boasts of mega construction projects such as the Grand Ethiopian Renaissance Dam that are helping the country boost its economic growth. Although Kenya has the largest number of mega projects in East Africa (23 versus Ethiopia’s 20), the total value of projects in Ethiopia is almost twice that of the value of projects in Kenya, a new report by Deloitte has shown. The transport sector accounted for more than half of mega projects this years observes the report.Currently, 27 Road & Bridge projects are underway in East Africa. Energy & Power projects are also significant, accounting for nearly a quarter of all projects in East Africa. Private Domestic firms only own 4.2% of mega projects.
Source: Ethiopian News February 07, 2018 16:41 UTC