Tourism drives Ethiopia’s economic growth via strategic projects: GCS

ADDIS ABABA – The economic contribution of Ethiopia’s tourism sector to the GDP has significantly increased due to various government-led projects, according  to the Government Communication Service (GCS).

During a media briefing on current affairs and government priorities yesterday, GCS Minister Legesse Tulu(PhD) emphasized that infrastructure development and focused reforms have enhanced the tourism sector’s role in the nation’s economic growth. While acknowledging that poor infrastructure and inadequate policy support had historically hindered the sector’s potential, he highlighted the strides made under the reform government.

Tourism has been designated as one of Ethiopia’s five economic pillars, aiming to create jobs, foster cultural exchange, enhance the nation’s image, and boost GDP growth. For developing countries like Ethiopia, tourism serves as a key driver for job creation, environmental protection, poverty reduction, and overall economic contribution. “The sector acts as an economic engine, attracting foreign tourists and supporting foreign currency earnings,” the minister stated.

Ethiopia’s reliance on agriculture and environment protection has made tourism a strategic area for economic expansion. The sector’s value chain extends from hotel administration to tourist operations, logistics, and service provision, creating numerous employment opportunities.

Among the notable government projects are Dine for Nation, Dine for Sheger, and the Beautifying Sheger initiatives, launched under the leadership of Prime Minister Abiy Ahmed (PhD). These projects not only modernize and build new cities but also aim to enhance tourism infrastructure and destinations. They generate hundreds of millions annually, transform the cities’ image, and attract more tourists to the country.

Infrastructure improvements, a peaceful environment, corridor developments, and Ethiopia’s recent membership in BRICS have opened new opportunities for hosting international and continental conferences. Ethiopia has already hosted several high-profile events, including the World Without Hunger conference, which brought together leaders, ambassadors, investors, and global influencers.

The country also organized the First African Defense Ministerial Conference in October, showcasing Ethiopia’s significant role in continental matters. Other major events, such as the 15th African Continental Free Trade Area Ministerial Meeting and CAF-related summits, have been held successfully, with Ethiopia hosting over 10 international and continental conferences in November alone.

These international events have not only allowed Ethiopia to promote its strategic interests but also provided participants the opportunity to witness the progress made on the ground. Minister Legesse noted that such events boost the country’s image and contribute to trade and investment growth.

The government continues to forge bilateral and multilateral relationships to enhance trade and investment in tourism and other sectors. In line with its vision for holistic development, Ethiopia plans to undertake further initiatives to increase the economic contributions of the tourism industry while maintaining sustainable growth.

BY BETELHEM BEDLU

The Ethiopian herald November 17/2024

Recommended For You