China Construction Eighth Engineering Division Corp. Ltd. (CSCEC) signed the contract with Ethiopia’s Ministry of Youth and Sports for National Stadium Project in Ethiopia.
The stadium will reportedly be constructed in Bole sub-city, located in eastern Addis Ababa. The stadium, which is scheduled to be completed in three year, with the capacity of 60,000 seats for audiences, it will be the venue for various kinds of sports in the country as well as in the Africa and also another landmark building in the region upon completion.
An Ethiopian firm, MH engineering Private Limited, has been contracted to design and supervise the construction of the new national stadium. About 40% of the construction work will go to locals. Officials estimate that the project will create about 2,000 jobs.
|Name||China Construction Eighth Engineering Division Corp. Ltd.|
|Contract Received From||Ethiopia’s Ministry of Youth and Sports|
|Location||Addis Ababa, Ethiopia|
|Estimated Cost||USD$ 120 million|