Addis Ababa, December 12, 2022 (FBC) – The Ethiopian Airlines Group has announced that preparations are underway to start the construction of the new “Airport City” mega project in the current fiscal year, the CEO of the Airline said.
It has been stated that 5 billion USD budget has been allocated to build the mega project.
According to the report by Ethiopian News Agency (ENA), the “Airport City” mega project is expected to be completed within five years.
It is said that this project, which will be built in Oromia region, will have modern hotels, a duty-free shopping center and a cargo logistics center.
Mesfin Tasew, CEO of the Ethiopian Airlines Group, told ENA that the airline has completed a study through a company in France to start the construction.
He stated the airline is working closely with the Oromia region to start the construction of the project.
Mesfin said a tender will be issued to the companies that will design the project and it will start construction after the completion of the preparatory work in the current fiscal year.
The CEO indicated that the project could be divided into two phases, if necessary.
It is to be recalled that Ethiopian Airlines Group announced the detailed plans of this mega airport project two years ago.