The Role Of Fiinanciial Iinstiitutiions For The Ethiiopiia’’s Constructiion Iindustry
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Date
2006-07
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Addis Ababa University
Abstract
This dissertation presents the contribution of the Financial Institutions in the capacity
building as well as project financing of the domestic construction firms which are
involving in the infrastructure development activities of the country.
The main objective of this paper is therefore to present preliminary assessment report
regarding the role of domestic banks for the development of the construction sector
especially in capacity building and project financing of the domestic construction firms in
Ethiopia.
One of the main observations of this research work has been the fact that the Ethiopia
Construction Industry seriously lacks capable construction firms (Financially as well as
Technically and Managerially). That is why multimillion birr worth infrastructure
development projects are being awarded to foreign construction companies.
The study had developed through literature survey and in addition to this questionnaire
based studies were made to provide an overview of the various financial services and
facilities that a certain domestic construction firm could obtain from local banks and
interviews were also conducted with various parties which have direct involvement in
construction activities to strengthen the ideas of the subject matter.
Finally the results of the study were analyzed and discussed. In addition to this,
conclusions are made and recommendations are forwarded based on the analysis
results.
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Keywords
Constructiion; industry