Aug 27 , 2022
The Addis Abeba City Administration has inked a 7.7 billion Br agreement with two private construction firms to build an industry cluster zone in the Akaki-Qality District. MCG Construction Plc and TNT Construction & Trading are expected to erect the cluster zone on 94hct of land over the next two years. Officials of the Mega Projects Construction Office under the City Administration floated a bid early this year to hire contractors on behalf of the Addis Abeba Labour, Enterprise & Industry Development Bureau. The zone will serve as a manufacturing hub for agro-processing, wood and metal works, leather and textile, and construction materials. The design comprises 21 large shed for manufacturing and 200 megastores for input suppliers and product retail shops. Mayor Adanech Abiebie announced her administration would cover the entire construction budget from its own coffers.