40/60 Saving Houses Project

Client Name: City Government of Addis Ababa Saving House Development Enterprise

Percentage of Works Completed: 100%

Project cost in BIRR: 30,667,756.41

CONTRACT TYPE: PRIME CONTRACTOR

The project involved the construction of two B+G+8 residential buildings—each consisting of a basement, ground floor, and eight upper floors.

40/60 Saving Houses Project Site 3

The work included full structural, architectural, and finishing operations, covering everything from reinforced concrete frameworks and wall installations to window fittings, plastering, and painting. External works such as utility connections and site preparation were also completed.

With 100% of the work finalized, the project, valued at 30,667,756.41 Birr, now stands as a completed modern housing development designed to support the city’s 40/60 housing program—aimed at providing affordable, high-quality residences for middle-income residents in Addis Ababa.