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[Jun 2017] 40/60 20/80 & 10/90 Condominium Construction in Addis Ababa Latest Ethiopian News AddisBiz.com | Ethiopian Business Directory & Portal - Addis Biz

Construction of new 20/80 and 10/90 condominiums awaiting approval

The Addis Ababa Housing Project Office (AAHPO) is still waiting for the city council’s approval to start construction of new 20/80 and 10/90 condominiums. The office had initially planned to construct 335,000 houses in the five years of GTP II. However, no new construction has been undertaken in the past four months of and the new GDP period, considered ideal for construction. 

Currently, there are over 130,000 houses already in progress across several coroners of the city. Yet several houses are lagging behind schedule, often

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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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