To be honest they've renovated tons of things around xamar, all the main monuments have been renovated
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They also rebuilt others like Hawo tako monument, if they did all of this what prevents them from fixing the lighthouse ? 90% of the tourists that go xamar visit that lighthouse and take pictures on the nasty beach, not these monuments
If they wanna show a new image to the world this is essential
Ethiopia and Brazil understood this by making the roads that Tourists were most likely to use super clean and beautiful, abiy built a whole empty museum on the airport road and in the city center main road, rio de janeiro has roads going underground and walls hiding slums
Its all about image, if you want people to invest in your economy and future you have to prepare a clean and hospitable environment, literally all countries do this