Ovid Group successfully completed the construction of 248 high-quality unit dwellings that were built for the Army Foundation.

The Koye Feche housing complex, consisting of three nine-story and four seven-story buildings, was formally handed over on May 11.

According to a statement sent to Capital, the property is situated on a 16-hectare plot of land and offers top-notch accommodation for Ethiopia’s defense community. It is equipped with state-of-the-art residential amenities.

The Federal Housing Corporation provided consulting for this project, which included 128 four-bedroom and 120 three-bedroom units, and cost around 1.8 billion birr.

The project began in September 2023 and was finished ahead of schedule. Ovid is collaborating with several public and private entities to build residential homes and other mega projects in the capital city, bringing with it a newfound culture of construction. (Press release)