Leading the way in this innovative venture is KH Engineering, a premier developer in Ethiopia established in 2005. The company is dedicated to advancing the Heavenly Real Estate initiative, which focuses on building eco-friendly, self-sustaining villages that integrate public mobility, commercial facilities, entertainment venues, and parks. The designs emphasize eco-friendly materials, energy-efficient structures, and lush green spaces, creating harmonious habitats that are both modern and environmentally conscious.
"Heavenly Real Estate aims to establish Ethiopia as a global destination for sustainable living through the Futuristic Organic Green (F.O.G) initiative and the creation of Blue Zones," said Yodit Tibebu Abebe, the marketing manager for Heavenly Real Estate and CEO of New Era Marketing and Promotion Company.
Yodit Tibebu Abebe
With a population of about 126.5 million people and one of the fastest-growing economies in Africa, Ethiopia is on track to reach lower-middle-income status by 2025. The country's strong growth rate over the past 15 years, averaging nearly 10% per year, has been driven by capital accumulation, particularly through public infrastructure investments.
Despite challenges such as the COVID-19 pandemic, Ethiopia's real GDP growth remains resilient, with the agricultural sector playing a significant role in sustaining the economy. The Chaka Project and Heavenly Real Estate initiative are poised to contribute to Ethiopia's continued growth and development, setting a new standard for sustainable living and green ventures in the region.
In the heart of Ethiopia, a vision unfolds with the F.O.G initiative, a beacon of innovation and sustainability. This transformative journey is not just about urban development; it's a leap toward creating Blue Zones—areas where life is lived longer and healthier. Nestled within this green embrace, the amenities are designed to nourish both body and soul, offering a sanctuary where the community can thrive amidst lush landscapes and cutting-edge infrastructure. It's here that F.O.G becomes more than a concept—it's a living, breathing reality, harmonizing with the Blue Zone's ethos to foster an environment where every breath is a step towards longevity.
Heavenly Real Estate’s collaboration with the Ethiopian Government on the Yeka Hill Housing Project exemplifies this commitment to sustainability and innovation. They are dedicated to addressing the substantial housing deficit in Addis Ababa by creating affordable, state-of-the-art, green housing. These efforts are part of a broader strategy to project Ethiopia as a new world power in modern growth like Nigeria which is known in Africa and the world all over in attracting international investors, Heavenly Real Estate has projected the Ethiopians in the US and to the diaspora to contribute to the nation’s GDP growth. The government’s focus on transformative infrastructure development offers a lucrative opportunity for investors to tap into Ethiopia’s promising future.
Heavenly Real Estate’s collaboration with the Ethiopian Government on the Yeka Hill Housing Project exemplifies this commitment to sustainability and innovation. They are dedicated to addressing the substantial housing deficit in Addis Ababa by creating affordable, state-of-the-art, green housing. These efforts are part of a broader strategy to project Ethiopia as a new world power in modern growth like Nigeria which is known in Africa and the world all over in attracting international investors, Heavenly Real Estate has projected the Ethiopians in the US and to the diaspora to contribute to the nation’s GDP growth. The government’s focus on transformative infrastructure development offers a lucrative opportunity for investors to tap into Ethiopia’s promising future.
By prioritizing communal spaces, organizing regular health-focused events, and fostering social interaction through community gardens and clubhouses, Heavenly Real Estate is building vibrant, health-oriented communities. Their developments encourage active lifestyles with bike lanes, sports facilities, and pedestrian-friendly pathways. Collaboration with local farmers, healthcare providers, and wellness experts ensures that residents have access to fresh, locally-grown food and comprehensive health resources. Success will be measured by tracking health outcomes, longevity, and quality of life indicators, making these initiatives true enhancements to the well-being of residents. Through these visionary projects, Ethiopia is poised to become a global leader in sustainable, health-centric urban development.
For more information about the Chaka Project and Heavenly Real Estate, please visit www.heavenlyrealestate.com.
Contacts:
Yodit Tibebu Abebe
Marketing Manager, Heavenly Real Estate
CEO, New Era Marketing and Promotion Company
Email: [email protected]
Phone: + 1 (240) 602-6159, + 1 (240) 670-7733
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