WHERE AS, IT IS NECESSARY, to encourage Foreign Citizens and investors to invest their Foreign Capital in Ethiopia with confidence by establishing a legal framework that allows them to own houses or acquire land for housing construction in a manner that does not infringe on citizens’ rights to own and use housing. WHERE AS, IT IS NECESSARY, to support the expansion of the real estate investment sector and strengthen Ethiopia’s strengthen Ethiopia’s diplomatic hub,
WHERE AS, IT IS NECESSARY to create knowledge and technology transfer in a manner that appropriately balance the growing demand and supply of housing; and to create broad employment opportunities for citizens, strengthening the efficiency of the sector, creating a positive national investment outlook, and facilitating investment flows
