<p>New Business Ethiopia reported that Addis Ababa City Administration of Ethiopia has launched construction of 5,000 condos at Akaki Kaliti sub city. The construction of the 4 and 9 story buildings is expected to be completed within one year period using prefabricated technology. The City Administration has allocated 8 billion Birr for the construction of the houses. The construction will be implemented by the state construction company, Ethiopian Construction Works Corporation.</p><p>After completing the 5,000 houses the City Administration aims to build 5,000 more houses using same model of prefabricated technology.</p>
<p>New Business Ethiopia reported that Addis Ababa City Administration of Ethiopia has launched construction of 5,000 condos at Akaki Kaliti sub city. The construction of the 4 and 9 story buildings is expected to be completed within one year period using prefabricated technology. The City Administration has allocated 8 billion Birr for the construction of the houses. The construction will be implemented by the state construction company, Ethiopian Construction Works Corporation.</p><p>After completing the 5,000 houses the City Administration aims to build 5,000 more houses using same model of prefabricated technology.</p>