Government inches to build palace for over 49 billion birr
The Office of the Prime Minister is under preparations to construct a new national palace to the tune of 49 billion birr, becoming the second biggest public project next to the Grand Ethiopian Renaissance Dam, which has consumed over 130 billion birr thus far.
Situated on a sprawling 503 hectares of land at Yeka Hill, in Yeka Sub-city, the construction touches five woredas, which will harbor the construction of halls, lakes, housing units and road infrastructures, among other facilities.
Part of the government’s 10 year perspective plan, the project will see the evacuation of thousands of people. However, the residents will be given a chance to develop their own property on their land, if it fits the standard of the area, where the palace will be built.
Sources told The Reporter the UAE government will contribute a portion of the budget needed to construct the palace.
The Ethiopian Roads Administration (ERA) has already started to construct a 20 km long road in the area, of which, nine kms has already been built.
Негізгі бет TO THE NEW PALACE, NEW SHORT CUT ROAD BEHIND YEKA SUBCITY, ADDIS ABABA/ETHIOPIA/AFRICA
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