Feasibility Study on Private Sector Participation in Affordable Worker Housing Bole Lemi, Kombolcha, and Mekelle Special Economic Zones
As Ethiopia’s Special Economic Zones expand, the need for sustainable, affordable housing solutions for factory workers has never been more urgent. Intrinsic Consultancy conducted a comprehensive feasibility study to bridge the housing gap by unlocking private sector investment in worker accommodations around Bole Lemi, Mekelle, and Kombolcha Special Economic Zones.
Through in-depth research and stakeholder engagement, the study:
Explored global best practices in affordable housing development tailored to industrial zones.
Assessed urban planning requirements ensuring integration with city development strategies.
Mapped key public sector and local administration stakeholders crucial for project implementation.
Identified environmental and social considerations to promote sustainable and inclusive housing.
Evaluated market interest by engaging local and international real estate developers.
Outlined commercially viable housing models, fostering private sector participation.
Conducted a financial analysis for each industrial park to assess business feasibility for private investors.
Reviewed legal and regulatory frameworks, identifying key policy enablers and barriers to private sector participation.
Proposed innovative solutions that introduce new technologies and players to Ethiopia’s housing sector.
Impact
By creating a scalable, investment-ready framework, the study paves the way for thousands of industrial workers to access safe, affordable, and well-planned housing. Beyond improving living conditions, the initiative fosters economic growth, enhances urban development, and strengthens Ethiopia’s industrial competitiveness. This study, conducted by Intrinsic Consultancy, serves as a catalyst for change, setting the foundation for sustainable housing ecosystems that benefit workers, businesses, and the broader economy.