Construction and Real Estate

Company description

The Ethiopian Construction Works Corporation (ECWC) was established through the amalgamation of three enterprises: the Ethiopian Road Construction Corporation, the Ethiopian Water Works Construction Enterprise and Prefabricated Building Parts Production Enterprise. ECWC engages in both domestic and overseas construction works and has experience across a range of projects from gravel and asphalt roads to airstrips to dam and irrigation projects. 

The Corporation possesses several key comparative and competitive advantages, as identified through station analysis. These include strong organizational leadership, a skilled labor force, extensive industry experience, ownership of numerous plants, equipment, and machinery, as well as construction material production and equipment maintenance centers. Additionally, the Corporation boasts its own training institute, advanced ICT deployment (including ERP, BIM, GPS, and real-time project monitoring systems), a wide network of branches both locally and abroad, a competitive compensation and reward system, and the implementation of a robust risk management system. These advantages position the Corporation favorably within the industry, contributing to its overall success and competitiveness.

Overview of business units 

The Ethiopian Construction Works Corporation has 6 business units:

• Construction Business Unit
• Manufacturing Business Unit
• Real Estate Development Business Unit
• Equipment and Machineries Unit
• Project Development & Management Business Unit
• Agricultural Development Business Unit

Company description 

Ethiopian Engineering Corporation (EEC) is a multi-disciplinary engineering firm founded by amalgamation of three companies: Water Works Design and Supervision Enterprise (WWDSE), Construction Design Share Company (CDSCo) and Transport Construction Design Share Company (TCDSCo). The combined organization provides services in areas including water, energy, building & urban, transport, geotechnics, and underground works. 

The corporation boasts a competitive advantage with its experienced and skilled workforce across various disciplines, involvement in large-scale projects, and diverse business units offering related services. With international experience in road and irrigation projects, its state-owned status enhances its potential for securing government projects. Regarding investment opportunities, the corporation possesses ample resources for both brownfield and new investments, including land ownership for real estate development and utilization of existing facilities for rental purposes. Additionally, its experience in joint ventures and partnerships, such as with local and international consultants and universities, further positions it for strategic growth and development.

Overview of business units 

The Ethiopian Construction Design and Supervision Works Corporation has 7 business units: 

– Construction Unit

– Consultancy Unit such as:

• Water and Energy Design and Supervision works sector. 
• Building and Urban Design and Supervision Sector 
• Geotechnical Investigation, Geotechnical Engineering and Underground Works Design and Supervision Sector
• Surveying, Geospatial and Civil Informatics Center
• Research, Laboratory and Training Center

Company description 

With over four decades of experience, the Federal Housing Corporation (FHC) is deeply rooted in the sector, engaging in diverse activities such as construction, renovations, contracting, rental, sale, and acquisition of specialized decision houses for various purposes. Managing a vast portfolio of over 18,000 buildings of different types and structural designs, including multistory apartments, commercial stores, warehouses, and villas, the Corporation caters to a wide range of housing needs. From residential complexes to commercial centers, market stalls, and offices, FHC provides a comprehensive array of real estate solutions to meet diverse demands in the market.

The Federal Housing Corporation (FHC) offers diverse investment opportunities, leveraging its extensive resources and readiness for joint ventures (JVs) and privatization. FHC possesses ample land resources, skilled labor, and financial mobilization capabilities, allowing for brownfield and new investments in rental housing development. Through JVs, FHC collaborates with contractors, consultants, and technology companies to enhance housing projects, introduce innovative solutions, and promote green construction practices. Major completed projects include high-rise apartment complexes and residential villages, with ongoing developments at multiple sites. FHC also provides housing construction materials, consultancy services, renovations and maintains strong partnerships with various industry stakeholders to ensure effective project delivery and continuous growth.

Overview of business units 

The Federal Housing Corporation has 3 business units: 

• Housing Administration Business Division
• Housing Development Business Division
• Construction Input Supply Business Division

Company description 

The Industrial Parks Development Corporation (IPDC), established in December 2014, is a public enterprise in Ethiopia dedicated to advancing the country’s industrialization by providing integrated infrastructure for both domestic and foreign investors. Managing 13 industrial parks and one Free Trade Zone strategically located along major development corridors, IPDC offers serviced industrial land, pre-built factory sheds, and comprehensive utilities that meet international standards. Collaborating with entities like the Ethiopian Investment Commission and Customs Authority, IPDC delivers a seamless investment experience through a one-stop-shop service. The corporation has facilitated the creation of over 100,000 jobs and generated $1.8 billion in revenue, positioning itself as a key driver of Ethiopia’s economic transformation.

Overview of business units 

The Federal Housing Corporation has 3 business units: 

• Housing Administration Business Division
• Housing Development Business Division
• Construction Input Supply Business Division