Mekelle, Ethiopia - Millennium Cities Initiative - Columbia University

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16 Mekelle, Ethiopia: Potential Opportunities for Investment Mekelle, potential opportunities for investment © 2010 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved.
Introduction to Mekelle The Mekelle region is currently one of the most attractive investment destinations in Ethiopia, driven by a highly supportive regional government, abundant untapped natural resources and good access to export markets. Tigray State is the northernmost of the nine ethnic regions (Kililoch) of Ethiopia, with a population of 4.5 million in 2008. Eighty percent of the population is rural and 20 percent is urban. Mekelle is the sixth largest city in Ethiopia and the capital of Tigray State. It is located approximately 780 km from the capital, Addis Ababa, in the Ethiopian highlands. The Mekelle region enjoys a mild highland climate with an average temperature of 25°C. The rainy season in the Mekelle region is from June to September, while the dry season is from October to May. The average annual rainfall is approximately 579mm. The total population in the city of Mekelle was estimated at 215,546 in 2008. The annual population growth rate is approximately 2.6 percent. Location of Mekelle Tigray Ethiopia Source: Millennium Cities Initiative Report, 2009 Mekelle, Ethiopia: Potential Opportunities for Investment 17 Mekelle Mekelle region: 100 km around Mekelle Addis Abada © 2010 KPMG International Cooperative (“KPMG International”), a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. All rights reserved.
Page 1 and 2: Mekelle, Ethiopia Potential opportu
Page 3 and 4: Foreword As part of KPMG’s Global
Page 5 and 6: The Mekelle region presents attract
Page 7 and 8: Challenges • • • • • •
Page 9 and 10: Introduction to MCI The Millennium
Page 11 and 12: Investment climate in Ethiopia Meke
Page 13 and 14: Investment trends The government le
Page 15: Key inhibitors Mekelle, Ethiopia: P
Page 19 and 20: Supportive state government policie
Page 21 and 22: Infrastructure The Mekelle region i
Page 23 and 24: Mekelle airport Mekelle airport (Al
Page 25 and 26: Mekelle, Ethiopia: Potential Opport
Page 27 and 28: Tourist attractions in the Mekelle
Page 33 and 34: Trade value of exports of meat and
Page 35 and 36: Meat quality certification is a pre
Page 37 and 38: There is high potential for supply
Page 39 and 40: Case study: Comel Honey Processing
Page 41 and 42: There is potential for export of Et
Page 45 and 46: There is significant potential to s
Page 49 and 50: The construction industries of Ethi
Page 51 and 52: The government has developed libera
Page 55 and 56: kpmg.com Contacts Stefan Dierks, Pa

Mekelle, Ethiopia - Millennium Cities Initiative - Columbia University

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