CCECC

Kazanchis to get 44 storey tower with 13 bln birr budget

Kazanchis to get 44 storey tower with 13 bln birr budget

Quara Manufacturing Plc contracted China Civil Engineering Construction Company (CCECC) for 13 billion birr to construct a twin tower in Kazanchis area, Addis Ababa. Owned by Tewodros Yeshiwas, major shareholder of Gomeju Oil, Quara has been involved in the export of commodities and the manufacturing sector. It has subsidiaries involved in different sectors. Sprawling on a 5,743sqm plot of land, the twin tower will have a 44 storey and 30 storey buildings. With a 219 meter height, the 44+4 storey building will be dedicated to businesses and is going to be taller than the headquarters of the Commercial Bank of…
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