M a r k e t N e w s

Ethiopia: Chinese Company to Commence Luxury Apartments Building

Posted on : Tuesday, 30th August 2016

 A Chinese company, Heng Yang Investment, has launched the construction of Hongtu, a 54-storey luxury apartment, in the Lafto District of Addis Abeba. The construction will be undertaken by a Chinese construction firm, Hongtu Real Estate. Covering a total area of 1272sqm, each apartment will be 88 to 173sqm, with a double lift design, 54 parking spaces, one supermarket and other high quality living facilities - gym, sauna and massage rooms.

 
The water purification system, solar hot water system and video intercom system are additional feature of the apartments.
 
"We start this project almost two years after investigating the market with regards living demands, as well as processing and analysing relevant data," said Xiao Bo, Hongtu Real Estate's general manager.
 
The apartment development is the first for the company. The company has guaranteed project quality and promised to deliver the completed apartments with a high standard of modern facilities.

Source : allafrica.com
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