Ethiopia to Construct 250,000 Condos in 20/80 Housing Scheme

The Addis Ababa Housing Development Project Office has unveiled its plan to construct 250,000 condominium houses in the 20/80 housing scheme in the GTP II period.

The Housing Development Office plans to build 40,000 houses every year in the GTP II period.

Haregot Alemu, Office Director General, told the Ethiopian Herald that the Office planned to transfer 170,000 housing units to beneficiaries in GTP I period but was not able to transfer 39,000 housing units due to unfinished work on infrastructural facilities.

“The construction of these units has now reached 92 percent and the units are expected to be handed over to beneficiaries this year,” Haregot said.

He noted that, in addition to those 50,000 housing units whose construction started a year ago, the administration is undertaking the construction of 40,000 condos in the current year.

This post first appeared HERE

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