Ethiopia to Construct 250,000 Condos in 20/80 Housing Scheme
The Addis Ababa Housing Development Project Office unveiled its plan to construct 250,000 condominium houses in the 20/80 housing scheme in the GTP II period.
The Addis Ababa Housing Development Project Office unveiled its plan to construct 250,000 condominium houses in the 20/80 housing scheme in the GTP II period.
Ethiopia will start the construction of 4 industrial parks late this month. The announcement was made by Board Chairman of Ethiopian Industrial Parks Development Corporation, Arkebe Equbay (Dr.).
Ethiopia is planning to construct 5 dry ports at an outlay of 1.5 billion Birr. This was disclosed by Ethiopian Shipping and Logistics Services Enterprise (ESLSE) as part of its effort to handle the growing Ethiopia’s import-export market.
The Ethiopian Road Authority inked an agreement with five Ethiopian and one Chinese contractor to construct 509 km long roads at a cost of $350 million (11.6 billion birr). The contractors the Authority entered an agreement with are Sunshine Construction PLC, YOTEK Construction PLC, Cross-Land Construction PLC, BEAKA General Business PLC, Sur Construction PLC, and China TCJu Civil Engineering Corp.
Ethiopia is set to build an agro-processing industry park in Bure for which the Prime Minister, Hailemariam Dessalegn, laid the cornerstone on February 2, 2017.