The construction industry in Ethiopia is in "serious trouble," said Chaltu Sani, Minister of Urban & Infrastructure Development, citing major challenges with finance, competitiveness and material costs. Speaking at the opening of the BIG 5 Construct Ethiopia expo and the inaugural East African Infrastructure & Water Expo at Millennium Hall last week, Chaltu stressed the need for concerted efforts from government, private sector, and international partners to support the 67 billion dollars construction and 395 billion dollars infrastructure markets. Over 180 exhibitors from more than 20 countries are showcasing products, technical demonstrations, and networking opportunities at the expos. Officials including Berhanu Nega (PhD), Minister of Education; Belete Mola, Minister of Innovation; and Yonas Ayalew, CEO of Ethiopian Construction Corporation, attended the event. Yonas highlighted that such expos help boost competitiveness and collaboration in the sector. Chaltu added that her ministry is committed to encouraging foreign investment and wider sector cooperation to address financial constraints and build capacity.
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