Ovid Group has announced a significant agreement to construct and deliver 5,000 homes over the next two years in collaboration with two major institutions. This initiative aims to provide affordable, modern housing options to various stakeholders, including Ride Transport and its affiliated entities.
As part of its broader commitment to addressing housing needs, Ovid Group is currently involved in a larger project to build 70,000 homes across multiple locations. The company’s partnership with Ride Transport will facilitate the development of housing that meets the needs of both the organization and its employees.
In addition to this agreement, Ovid Real Estate has partnered with Sewasew Multimedia, allowing artists associated with the company to benefit from discounted homeownership opportunities. This collaboration not only aims to reduce housing costs but also provides financial support through Sewasew Multimedia.
Firew Beyene, CEO of Ovid Real Estate, highlighted the importance of diversifying housing options as Ethiopia continues to grow. He noted that 60,000 of the planned homes will be located in Gelan Gora.
With over 13 years of experience in construction and real estate, Ovid Group is committed to delivering innovative and high-quality projects that contribute to Ethiopia’s housing sector.
