Infrastructure forum opens in Addis
Addis Ababa, 25 July 2014 (WIC) - A Forum assessing the implementation of cross-border transport infrastructure Projects in Africa has begun in Addis Ababa at the United Nations Economic Commission for Africa (UNECA) on Thursday.
A paper presented to the forum examining the relationship between infrastructure and economic growth has stated that it is possible to increase institutions’ productivity by 40 percent, providing them the required infrastructure only.
State Minister of Transport Getachew Mengiste, presenting Ethiopian experience in the sector said that the country has used its own capacity and finance for infrastructure development.
According to Getachew in the last 16 years Ethiopia has covered 77 percent of the financial resource to building road infrastructure.
A researcher named Marry Teresso Guibo indicated in her paper that landlocked countries can develop their economy better in building their infrastructure in alternative corridors leading to different ports.
According to ERTA, the forum is being conducted on the theme, "Boosting Market Integration and Intra-African Trade through Effective Management of Regional Transport Infrastructure and Services".
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