In the international arbitration arena, there is a battle going on; and this battle is attracting a long list of contenders from all corners of the world. Due to globalization, global business is flourishing from time to time and cross border trade and investment is increasing in a great leap, so, the need for effective and reliable mechanisms for management of disputes has not only become desirable but also invaluable. This in turn has contributed to rapidly growing popularity of ICA. Many jurisdictions and their institutions are now sympathetic to arbitration and they are actively competing to become a favored venue for arbitration proceedings both at the regional and international level. One of the basic reasons for such competition is that, ICA is a multi-billion dollar venture. Despite the development of ICA throughout the world and the competition of different jurisdictions to deliver the service of arbitration and benefit from the output, Ethiopia is not quite at par with the remaining world on the infrastructural development which can make it an active contender in the ongoing battle. This paper aims at searching a way to make Ethiopia a hub for ICA works. After analyzing empirical and doctrinal evidences, it, therefore, argues making Ethiopia a hub for ICA is realizable dream. And this dream can be mainly achieved by, bringing legal and institutional reform, providing governmental policy support, establishing a separate specialized court of arbitration, introducing a multi-door court-ADR system, reforming the existing curriculum of law schools and so on. Beyond legal, institutional and “legal and institutional related” infrastructural developments, the paper argues, the development of non-legal infrastructures which are related to arbitration works will have also a great role in the development of Ethiopia as a hub for international commercial arbitration works. The thesis has five chapters and a section; the first Chapter deals on the introduction and the research process. Chapter two contains two broad sections, conceptual note on ICA on the first section and a detail on the emergence of modern arbitration hubs in the second section. Chapter three, also with two broad sections, deals on the benefits of attracting ICA works in the first section and the experience of the historical and emerging hubs in the second section. Chapter four, deals with the Ethiopia’s existing legal and institutional infrastructure for ICA. Chapter five, the main part, demonstrates the challenges facing and the prospects available in two consecutive sections and on the final section it will show the way forward for making Ethiopia a hub for ICA works. This is followed by a section on the conclusion of the study.