Ethiopian Airlines Group and OVID Group have signed a Memorandum of Understanding (MoU) that could provide 5,000 houses for employees of the airline today.
Signing the agreement, Ethiopian Group CEO Mesfin Tasew said the airline has about 17,000 permanent employees.
The airline has been trying its best to respond to the housing demand of the employees, he said, adding that the agreement signed with OVID will provide 5,000 houses for workers.
Reiterating the commitment of the group for the realization of the agreement, Mesfin stated that the cost of the houses will be covered by the employees.
OVID Group CEO Yonas Tadesse said for his part that the group has been playing its part to contribute to the effort to ease the shortage of houses.
He affirmed that his company will deliver the houses for the employees as per the agreement.
OVID Group plans to develop 60,000 housing units in Addis Ababa, it was learned.
Source: Ethiopian News Agency