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Ethiopia to construct millions of residential units-moladi

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Ethiopia to construct 2.45 million residential units this fiscal year - moladi





Ethiopia to construct millions of residential units - moladi - Ethiopian Ministry of Urban Development, Housing & Construction

The Ethiopian Ministry of Urban Development, Housing & Construction (MoUDHC) is planning to construct 2.45 million houses in housing schemes, between 2015/16 and 2020/21. Out of the residential houses, 750,000 will be built in urban areas and 1.7 million in the rural areas. The plan was discussed in a Ministry’s review meeting held in Adama (Nazreth) earlier this month.

The construction project is expected to commence in 2015-2016 fiscal year and is in line with the Growth and Transformation Plan (GTP) currently underway.

Mohammedzain Kedir, policy and programme bureau officer of MoUDHC confirmed the news and said that the houses will be erected in the housing schemes of 10/90, 20/80 and 40/60.

For smooth construction to take place, the Ministry has proposed to give out 150,…