ECONOMIC ASPECT
Marketing place
Currently Arba Minch town has about 3 small and
large market places, of these one is located in
secha, the other is in sikela sub city and one new
market is nech sar sub city. The physical situation of
many market places at the time being is changed to
market complex with the construction of shed and
leveled plots. For example, the new market has
complex building which is constructed by
Arbaminch municipality and the regional
government and has been starting its function with
diversified business, shops, and offices.
Open Markets and there problems
There are two market places in the town. These are
Sikela and Secha markets
Sikela Market
Sikela market is found north the town with in Sikela
Sub city. The market provides services all days of a
week. However the existing Sikela market place has
the following problems. It is interrupted by
residential houses It is too small to accommodate
the ever increasing the market attendants
It is highly congested during peak hours
It is fragmented
Most of market attendants exchange
commodities on the main road hindering normal
traffic flow.
There is lack of accessible road for ISUZU and
other freights for entering the market Thus, to
overcome the above problems, relocating the
existing market to the appropriate places is
recommended.
Secha Market
It is located in the southern part of the town with in
Secha Sub city. The marketdays are held on Monday
and Thursday. It is found at closer distance from the
road and has enough space.
Nevertheless, the market place has the following
problems;
It is highly successiptible to water (gully )erosion
It doesn,t contain the necessary market facilities
It doesn,t have public toilet and container for solid
waste
There is less preference on the public
There is also a shortage of marketable items
Live Stock Market
There is no formal live stock market in the town. At
present the livestock, especially sheep and goats
are exchanged in front of the market near the
asphalt Cow, ox and other cattle are exchanged
outside the town on places such as Shelieand Gardo
The major livestock entry direction are from
Bonkie,Konso Shara Shelie and [Link] the
town is among the big towns of the region ,it should
fulfill the necessary facilities of the municipality.
Problems
No land access for some associations
Ups and downs to get land
Less awareness of the people about MSSEs (Not
al1)in omo-micro finance office
Less attention for rules and regulations by some
members
Less knowledge of planning management,
accounting and saving by members of associations
and others
Distribution of commercial activity of the town
Types of Sub
trades towns
Sikela Secha Abaya Nech total
sar
Service 158 105 51 109 423
trade
Retail 343 71 73 89 576
trade
Whole sale 59 6 6 11 82
trade
Small scale 45 11 5 33 94
trade
Medium 1 - - - -
scale
industry
Total 605 193 135 242 1176
Percent 51.5 16.4 11.5 20.6 100
population 16633 18766 17671 21538 74608
Investment opportunities of the town
There are so many investment opportunities These
include;-
Lakes (Abaya and Chamo) a total of 5100 tons of
fish per year can be produced
Fish
Crocodile
Fruits and vegetables
Crops
Enough prepared land
National park
Air-plan strip
Access to labor
Being destination to many towns and way to
Debub-Omo
Attractive honorable and worker people
The presence university, Colleges, factories and
other social services
Being Administrative town of the zone
Presence of financial institutions Thus, it can be
said that the town is one of the leading of the towns
found in the region For its investment
opportunities.
11.5 Problems
Infrastructure
Less participation in industry, although, there is
ample investment opportunities
Unplanned investment by some investors
Putting land idle after taking
Less coordination of governmental bodies
Unemployment
Like most towns of the country and the region,
unemployment is one of and the major Social
problems in Arba Minch town. Increasing number of
unemployment from year to year is the other
problem.
It is common to see unemployed people on the
street searching for day work. According to zone
finance and economic development office, total
number of Unemployed people is 2234 of whom
1158 are males and 1076 are females.
As it is illustrated unemployment of the town is less
than the rate of unemployment of the town of the
region and the country. According to interview held
with head of youths and sport there is no accurate
data collected about Unemployment. In addition to
the above as it has been observed during the stay in
field and the discussion held with keep persons (stalk
holders) the estimated number of unemployed is
twice of the above number. This implies that
unemployment in the town relatively high to some
other towns of the region. Thus, the number will
increase for the future as number of immigrants
from different towns and influence areas increase to
the town. Accordingly, government, Investors
unemployed people and the people should
discussion this problem.
Problems
Dependency habit
Absence of Creativity
Waiting for government or somebody else for
work
Less concentration by Government
High cost of living than other time
HOUSE NO OF PEOPLE EMPLOYMENT STATUS
NO. IN THE FAMILY ENGAGED IN UNEMPLOYED
EMPLOYMENT SCHOOLING
M F M F M F
1 6 2 3 1
2 4 2 1 1
3 2 1 1
4 5 2 3
5 4 1 1 2
ECONOMIC DATA COLLECTION LIST SAMPLES
