Antex Textile PLC to build affordable houses for 5,000 employees

Addis Ababa, August 22, 2023 (FBC) – Ethiopian Investment Commission (EIC) and Antex Textile PLC have signed MoU to carry out affordable housing development project.

The project is believed to solve the employee’s housing problem and boost their productivity, according to EIC

Currently, Antex has created job opportunities for more than 4500 local employees and is expected to create more employment opportunities for Ethiopians.

Antex Textile PLC will build three G+4 buildings for an affordable housing development project on 4 hectares of land in Adama Industrial Park.

The affordable housing project is expected to provide housing for 5,000 employees.