Some 40, 000 condos of 20/80 program will be transferred to beneficiaries in two months time

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Addis Ababa, 10 April 2014 (WIC) – The Addis Ababa City Administration announced that 40 000 condos of the 20/80 regime will be handed over in two months time by a chance draw.   

City’s deputy mayor Abate Setotaw told FBC that the condos will have all the necessary infrastructures and the handover will be carried out as soon as possible.    

Most of the 40, 000 condos are located at the Yeka Abado and Tulu Dimtu areas where currently 80% of the construction is fully completed.   

According to FBC, at ten different locations around Addis, there are about 95 000 condos on construction.