Premier inaugurates 1, 292 condos built under 40/60 housing program

Addis Ababa, March 11, 2017 (FBC) – Prime Minister Hailemariam Desalegn inaugurated today 1, 292 condominium houses built under 40/60 housing schemes at Senga Tera and Crown sites in Addis Ababa.

The houses will be transferred to beneficiaries soon in a lottery draw, it was noted.

According to Addis Ababa housing development and administration bureau, more than 39,000 houses built under 20/80 and 10/90 housing programs in various sites were also inaugurated today.

The administration has already transferred these houses to beneficiaries.

The Ministry of Urban Development and Housing hasn’t transferred so far houses built under the 40/60 scheme despite a plan to transfer 18, 496 houses this Ethiopian fiscal year (2016/17).

Present at the inauguration ceremony were senior government officials, including Diriba Kuma, mayor of Addis Ababa city.