Addis Ababa Mayor's Office spokesperson Adanech Abiebie states that corridor development has benefited Medina's businesses rather than disrupting them. Through social media messages, they note that new shops were added and existing ones relocated to create more parking spaces. The initiative supports small businesses with modern, spacious facilities.
In Addis Ababa's Medina district, the corridor development project has not harmed business institutions, according to Mayor's Office spokesperson Adanech Abiebie. This work has made trade easier for the city's residents and more accommodating for customers, without negatively impacting small businesses, they stated. Trade facilities are being constructed in a more modern and spacious manner.
Based on messages shared via social media, the development has led to the creation of 2,800 new business shops. Additionally, 2,690 shops were relocated from front areas to rear positions and upgraded to a new standard. This process has generated additional parking spaces, enhancing business operations.
Trade institution growth stands at 55 percent, achieved by owners, with the remainder supported by government incentives for development. Volunteers willing to surrender land are being organized into share companies for establishment. Furthermore, businesses displaced from the Bole Atlas to Brazil road due to corridor work have successfully resumed operations in Dil Plaza on weekdays.
The mayor's office emphasizes that this development, far from disrupting business density, has provided benefits and spacious environments for trade.
