An estimated 40,000 condominium housing will be built in Addis Ababa City during the present fiscal year according to the city administration. It is expected that more than 72,000 people will be employed by the construction project said Kuma Demeksa, Mayor of Addis Ababa.

The construction of the 20,000 condos already underway is expected to be completed over the next two months said Kuma. He also added that the 17,000 condos began this year will be completed by April.

The Ethiopian government has focused on the housing sector and low cost condominiums are being built in the capital and regional cities.


Source: Ethiopian Press Agency