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40/60 Condominium in Ethiopia Latest News and Updates on AddisBiz - Ethiopian Business Directory & Portal | AddisBiz.com

The Latest News about 40/60 Condominium Development in Addis Ababa, Ethiopia

75,000 New 40/60 condominiums to be built in Addis Ababa

The Addis Ababa Saving Houses Development Enterprise (AASHDE), which is facing serious backlash for delaying the delivery of condominiums, is targeting to build 75,000 new condominium units under the 40/60 scheme in the next five years.

The enterprise also plans to construct 15,000 residential units featuring new designs in the next Ethiopian year.
One of the new features included in the experimental design is increase in the number of floors per building from the current 12-floor design to 15-story buildings.
The design

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