Economy
The CSA reported that for 2004-2005 3,734 tons of coffee were produced in Gambela, based on inspection records from the Ethiopian Coffee and Tea authority. This represents 1.64% of the total production in Ethiopia. The CSA could not provide livestock estimates for Gambela. In a 26 May 2000 report, the FAO observed that at the time Trypanosomiasis was a major problem in cattle for this Region. There was an epidemic of this disease in the area during 1970.
Gambela is believed to have major oil resources. In June 2003, the Ethiopian government signed an agreement with Petronas of Malaysia for the joint exploration and development of oil resources in Gambella region. Petronas then awarded a contract for seismic data acquisition to China’s Zhongyuan Petroleum Exploration Bureau (ZPEB) October of that year.
The Water and Mines Resources Development Bureau of Gambela announced January 2007 that it was initiating a program that would drill 13 new manually operated wells, 54 new deep water wells, and develop four springs. This would provide access to drinking water for 26,000 inhabitants, increasing coverage for the state to 42 percent from the existing 27 percent, at a cost of 6 million Birr. Construction of an asphalt road 102 kilometers in length and connecting Gambela City with Jikawo by way of Itang was begun in 2008 with a budget over 446 million Birr.
Read more about this topic: Gambela Region
Famous quotes containing the word economy:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)