09/07/2025
A $500 Million Housing Project In Ethiopia 🇪🇹 Known As The Chaka House
The Ethiopian Government Is On The Way Of Changing Ethiopia Into "A Little Paradise"
An Agreement has been reached on a $500m housing project that will build about 4,175 homes in the Ethiopian capital Addis Ababa.
The scheme will include a “National Palace” that will serve as the Ethiopian president’s official residences, a “Sky View Hotel” and guesthouses for visiting dignitaries, some 29km of roads and three artificial lakes. As well as the residential component, there will be shopping malls, healthcare facilities and business centres.
The Addis Ababa City Administration will manage the scheme. The palace will be built by the Ethiopian Construction Works Corporation, the hotel will be built by the Chinese Government Construction Corporation and the roads will be built by the Ethiopian Roads Administration
It has been championed by Prime Minister Abiy Ahmed, but opponents point out issues with transparency.
Courtesy :Global Construction Review
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