It is undeniable that the Addis Ababa City Administration has not completed the construction of the 20/80 and 40/60 Condominiums at the right time to pass to the public. So the Administration proposed a solution to this problem. As a result, the administration has launched a study to provide a lease for the construction of a home.
This study is being undertaken by the Cooperative Agency of Addis Ababa Chamber of Commerce and the Addis Ababa Housing Development Administration Office. Addis Ababa City Administration Business Bureau Head, Abdulfeta Yusuf told the Reporter that:
“A new study is underway to let the citizens have an alternative housing offer.”(Abdullah Yusuf, Addis Ababa City Administration, Head of Business Office)
Some Information indicates that the first draft of the study has been completed. The draft report was sent out to The Ministry of Land Management and Development, Office of Finance and Economic Development, Construction Authority and Inspection Authority, to examine and give their comment on it. After the completion of the study, it will be announced when the Deputy Mayor, Takele Kuma (Engineer), approves the study.