Commercial Bank of Ethiopia headquarters sets new engineering momentum in Ethiopia

CBE headquarters has so far hosted more than 5,000 visits from actors in Ethiopia’s construction sectors as well as various other professionals, according to figures from CSCEC

(Xinhua)―Ethiopia’s Chinese-built landmark stature, which is already regarded as the tallest structure in East Africa, has set a new engineering momentum in Ethiopia’ s construction industry.

On Sunday, the Commercial Bank of Ethiopia (CBE) and the Chinese construction giant, China State Construction Engineering Corporation (CSCEC), marked the completion of structural and civil-works of Ethiopia’s new icon, CBE headquarters.

Located at the heart of the Ethiopian capital Addis Ababa, the future headquarters of CBE – Ethiopia’ s largest public-owned commercial bank – has also received much acclaim for serving as an impetus for aspiring young Ethiopian engineers and students, as well as local construction companies.

The 52-storey, including four under-ground floors, has so far hosted more than 5,000 visits from actors in Ethiopia’s construction sectors as well as various other professionals, according to figures from CSCEC.

The project has also provided internship opportunities for more than 90 groups of local university students, most of the students eventually joined Ethiopia’s construction industry with a first-hand experience of the most modern and state-of-the-art technology installed at the project.

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Bacha Gina, President of CBE, told Xinhua on Sunday that the project, in addition to its timely completion, has served as a teaching-platform for Ethiopian engineering students as well as construction companies.

“It is a great construction project,” Ato Bacha said, he adding that “Since the project’s first phase, it has helped Ethiopian construction industry in so many ways.”

In addition to the main tower, the project also involves construction of a two 5-storey podiums.

Celebrating the completion of civil-structural works, officials drawn from the Ethiopian government, CBE, and CSCEC witnessed the building’s huge presence with capping ceremony held on its roof.

Esayas Gebre-Yohannes, project supervisor and professor at the Addis Ababa University’s Institute of Technology (AAiT), also said the project has been “a practical teaching-center” for Ethiopia’s future engineers and construction sector professionals.

“The project has been very significant for the country as well as construction technology schools,” Esayas told Xinhua.

“For one thing it is now an iconic image of Ethiopia, and also it ignites a new momentum in the country’s construction sector with the most modern and state-of-the-art technology,” he added.

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