The recently renovated National Palace is poised to become a major driver of Ethiopia's tourism sector, leveraging its cultural heritage to stimulate economic growth. The palace's restoration is expected to attract a significant influx of both domestic and international tourists, building on the success of projects like Unity Park and the development of other attractive urban destinations, according to PM office.
This increased tourism is projected to generate substantial revenue, boost local businesses, and create numerous jobs across the tourism value chain. Officials believe the palace, as a symbol of Ethiopia's rich history and culture, will play a vital role in urban development and in strengthening the country's international profile.