Ethiopian National Planning Commission said that the government and contactors has exhibited low performance in planning, managing and executing the country’s giant projects.
The Commission said that when the projects put on halt, they pose a bankruptcy to the country.
According to Commission Commissioner Dr. Yinager Dessie, the managing and planning limitation that has been saw in parts of the contactors and the government caused delay in the construction progress of giant projects.
In serious of report released by General Auditor, railway, fertilizer, sugar, road, potable water mad university projects, which have costed the country in billions failed to be finalized on the scheduled time.
Dr. Yinager urged the government to take strict measure to avoid economic burden as measures taken so far are proved not enough.
He also said that despite the problems, there are still projects progressing well.
Ethiopian Leadership Institute advisor Hailemariam Teklewold on his part said that there shall be enough preparation in financing and planning to begin with big projects.
He said that big projects should take lesson from problems they have once faced.
These big projects are believed to have a stake in the country’s bid of becoming middle-income country by 2017.