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Country / jurisdiction: Ethiopia · Year: 2021 · Status: In force · Level: National · Type: Voluntary
The Ten Years Development Plan (2021-2030) serves as the national roadmap to make Ethiopia an "African Beacon of Prosperity" by 2030. A pillar of the plan is Economic Productivity and Competitiveness, which prioritises the "Manufacturing Industry Development" to shift the economy from low-productivity agriculture to high-productivity industry. The strategy aims to increase the manufacturing sector’s share of GDP from 6.9% in 2019/20 to 17.2% by 2030.
To support this industrialisation, the plan outlines large investments in energy. The government has set the following key targets and investment goals:
Financial Allocation: The plan projects that 43.3% of total capital expenditure will be directed toward infrastructure (including energy). Additionally, the industry sector is allocated birr 5.7 trillion (40.7% of total non-budgetary domestic loans) to meet its investment needs.
Industrial Goals: The plan targets raising average manufacturing capacity utilisation from 50% to 85% and increasing the domestic market share of locally manufactured products to 60%.
Source
https://www.iea.org/policies/30391Document officiel chez le régulateur. Citez toujours cette URL — et non la page de détail Vantage — dans les preuves de conformité.