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Eastern Africa

Ovid Gets To Work On Mass Housing Project In Ethiopia

The project is being developed as a PPP.

April 8, 2024

By Liz Bains
The local Ovid Real Estate has launched construction of a 60,000-unit mass housing development in Ethiopia.The project is being executed under the country’s public-private partnership (PPP) programme on a 558-hectare site provided by the city of Addis Adaba. Under the 70:30 PPP arrangement, the developer will hand over 30% of the

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