Ethiopia: Turkish Investors Keen to Involve in Addis’ Housing Development

Turkish investors that are interested to invest in Ethiopia’s capital, Addis Ababa, housing development as well as the city construction works held discussion with President Mulatu Teshome on Thursday, November, 27, 2014.

Mulatu on his part expressed the Ethiopian Government’s willingness to support the investors and that the opportunity will open doors for experience sharing.

The delegation head, Erdogan Bayraktar, noted the investors have finished preparation to buld a model city in Addis Ababa. According to Ethiopian News Agency (ENA), the city has green urban development will have full infrastructure.

The Turkish business tycoons are expected to hold discussion on ways of finalizing the venture with the Mayor of Addis Ababa, Minister of Urban Development and Housing Construction and Minister of Finance and Economic Development.

Source: Ethiopian News Agency


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