Ethiopia 🇪🇹 Launches Ambitious 1.5 Million Housing Plan
Prime Minister Abiy Ahmed (PhD) has unveiled a massive national housing program that aims to construct 1.5 million homes in the next six years — a major push to ease Ethiopia’s housing shortage and rising rental costs.
Abiy said the government has been strengthening local manufacturing to support the construction boom. This includes:
– New steel production initiatives
-Expansion of cement factories
– A new glass factory set to open this year , a material Ethiopia previously imported
– Increased domestic production of granite and marble
– Expanded local furniture manufacturing
According to the PM, these efforts will not only make housing more affordable but also boost local industries, create jobs, and reduce dependence on imports.