By Gelila Adamu
Addis Ababa (AMECO)– Friendship Park, one of Addis Ababa’s major urban green spaces, has generated nearly one billion Ethiopian Birr in revenue during its first four years of operation. Prime Minister Abiy Ahmed announced the figure on his social media pages, saying the park generated the revenue over a period of 48 months through entrance fees, commercial services, and facility rentals.
Located in the heart of the capital, Friendship Park covers about 46 hectares and includes an artificial lake, musical fountains, jogging tracks, botanical areas, restaurants and event spaces.The park was developed as part of the Beautifying Sheger initiative and was inaugurated in September 2020.
Beyond generating revenue, the park has created employment and business opportunities while attracting families, tourists and visitors to the capital.The Prime Minister presented Friendship Park as an example of how public green spaces can go beyond recreation and become productive, self-sustaining economic assets.
The park has also gained international recognition for its environmental contribution and urban development impact.
