The construction industry in Ethiopia is expected to expand by 8.9% in real terms in 2026, supported by the rising tourism and export activities, coupled with investments in the transport and renewable energy infrastructure projects. In early May 2026, the Ethiopian Prime Minister Abiy Ahmed announced that the country is on track to reach a record ETB1.5 trillion ($10 billion) in annual export revenue for the fiscal year (FY) 2025-26, which began on July 08, 2025, marking an increase from ETB1.2 trillion ($8.3 billion) in FY2024-25. The industry’s growth in 2026 will also be supported by investments in the tourism sector, which is a major contributor of the Ethiopian economy. According to the Ethiopian Ministry of Tourism, the country received 1.2 million international visitors in the first nine months of the current fiscal year that began on July 8, 2025. Additionally, the budget for the 2018 Ethiopian Fiscal Year (FY2025-26), which was approved in July 2025 is also anticipated to boost investments in the construction sector in the first half of 2026. Under its budget, the government has allocated ETB67 billion ($460 million) to healthcare sector and ETB115.5 billion ($1.4 billion) to the education sector.
Ethiopia’s construction industry is expected to expand at an average annual rate of 7.2% between 2027 and 2030, driven by investments in transport infrastructure, industrial, and renewable energy projects. Investments in the transport infrastructure sector will be driven by Ethiopia's 10-Year Development Plan, which is aimed at modernizing and upgrading its transport corridors and bolstering regional integration by 2030. Growth over the forecast period will also be driven by the country’s ETB4.4 trillion ($30 billion), six-year infrastructure initiative, which was released in September 2025. The initiative includes the development of several large-scale infrastructure projects including the construction of nuclear power plant, an oil refinery, a natural gas facility, an airport expansion program, and the construction of 1.5 million housing units by 2031. Growth will also be bolstered by country’s target of reaching 75% national electrification coverage by 2030. In line with this, the European Union (EU) announced an investment plan in mid-April 2026, worth ETB96.1 billion ($660 million), to expand electricity access to Ethiopia’s rural communities, including building 30,000km of transmission lines and 456,000km of distribution networks by 2030.
Ethiopia’s construction industry is expected to expand at an average annual rate of 7.2% between 2027 and 2030, driven by investments in transport infrastructure, industrial, and renewable energy projects. Investments in the transport infrastructure sector will be driven by Ethiopia's 10-Year Development Plan, which is aimed at modernizing and upgrading its transport corridors and bolstering regional integration by 2030. Growth over the forecast period will also be driven by the country’s ETB4.4 trillion ($30 billion), six-year infrastructure initiative, which was released in September 2025. The initiative includes the development of several large-scale infrastructure projects including the construction of nuclear power plant, an oil refinery, a natural gas facility, an airport expansion program, and the construction of 1.5 million housing units by 2031. Growth will also be bolstered by country’s target of reaching 75% national electrification coverage by 2030. In line with this, the European Union (EU) announced an investment plan in mid-April 2026, worth ETB96.1 billion ($660 million), to expand electricity access to Ethiopia’s rural communities, including building 30,000km of transmission lines and 456,000km of distribution networks by 2030.
The Construction in Ethiopia - Key Trends and Opportunities to 2030 (H1 2026) report provides detailed market analysis, information, and insights into the Ethiopian construction industry, including:
- The Ethiopian construction industry's growth prospects by market, project type and construction activity
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Ethiopian construction industry
- Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
Scope
This report provides a comprehensive analysis of the construction industry in Ethiopia. It provides:
- Historical (2021-2025) and forecast (2026-2030) valuations of the construction industry in Ethiopia, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants
Reasons to Buy
- Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
- Assess market growth potential at a micro-level with over 600 time-series data forecasts
- Understand the latest industry and market trends
- Formulate and validate business strategies using the analyst's critical and actionable insight
- Assess business risks, including cost, regulatory and competitive pressures
- Evaluate competitive risk and success factors
Table of Contents
1. Executive Summary2. Construction Industry: At-a-Glance
3. Latest news and developments
4. Project analytics
5. Construction Market Data
6. Risk Profile
7. Appendix
1. Definitions
2. CRI Methodology
- About the Analyst
- Contact the Publisher
Table 2: Croatia, Top Construction Projects by Value
Table 3: Croatia Construction Output Value (Real, $ Million)
Table 4: Croatia Construction Output Value (Nominal, EUR Million)
Table 5: the analyst Construction Market Definitions
Table 6: the analyst Construction Market Definitions
Table 7: Ratings, Scores and Definitions
Figure 1: Croatia, Construction Output Value (Real, $ Million, 2022 Prices and Exchange Rate), 2021-30
Figure 2: Croatia, Construction Output Value, by Sector (Real, $ Million), 2021-30
Figure 3: Eastern Europe, Construction Output (Real % Change), 2024-30
Figure 4: Croatia, Construction Output by Sector (Real % Change), 2024-26 and 2027-30
Figure 5: Croatia, Construction Value-add (EUR Million, 2021 Chained Linked Prices)
Figure 6: Croatia, Construction Production Volume Index, Seasonally Adjusted (2021 = 100)
Figure 7: Croatia, Value of New Construction Orders Index (% Change, YoY)
Figure 8: Croatia, Total Number of Construction Permits Issued
Figure 9: Croatia, Construction Cost Index (new residential buildings), 2015 = 100
Figure 10: Croatia, Number of People Employed in the Construction Industry, In Thousands
Figure 11: Croatia, Labor Cost Index (2020=100)
Figure 12: Croatia, Total Dwellings Building Permits Issued (Number)
Figure 13: Croatia, House Price Index (2015=100)
Figure 14: Croatia, Real estate Value-add (EUR Million, 2021 Chained Linked Prices)
Figure 15: Croatia, Total Number of Commercial Construction Permits Issued
Figure 16: Croatia, Total Export ($ Million)
Figure 17: Croatia, Information and Communication Value-add (EUR Million, 2021 Chained Linked Prices)
Figure 18: Croatia, Industrial and Manufacturing Production Indices, 2021=100, Seasonally and Calendar Adjusted
Figure 19: Croatia, Retail Trade Volume Turnover Index (2021=100)
Figure 20: Croatia, Total Foreign Visitors Arrivals, In Thousands
Figure 21: Croatia, Construction Projects Pipeline, Value by Stage ($ Million)
Figure 22: Croatia, Risk Summary
Figure 23: Croatia, Risk Regional Comparison
