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Ethiopia’s capital, Addis Ababa is going to have a new land lease pricing

Ethiopia’s capital, Addis Ababa is going to have a new land lease pricing benchmark by the coming Ethiopian year. The new pricing benchmark is going to put in to consideration cost benefit analysis.

Addis Ababa University Institute of Architecture, Building Construction and City Development (EiABC) after concluding a sub-contract of the project, completed the study to determine the benchmarking and tabled the report for discussion to researchers and city administration officials.

According to Alemayehu Mulate, Lease Implementation and Inspection head at the Addis Ababa City Land Banking and Transfer Agency, the new study will be concluded on September.

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