Ethiopia Set to Construct One of Africa’s Tallest Buildings – Ethiopian Electric Power Tower.
Ethiopia is on an ambitious plan to construct one of Africa’s tallest buildings, a 62-storey headquarters for Ethiopian Electric Power (EEP) in its capital, Addis Ababa.
This initiative was previously announced in 2023 but was halted due to financial and logistical challenges. The EEP is estimated to cost $445 million and will become the tallest building in sub-Saharan Africa.
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The building is located near the Mexico Square in the capital’s Kirkos district. The tower will span 197,800 square meters and rise to 327.5 meters, surpassing the commercial Bank of Ethiopia’s 209-meter headquarters.
Ethiopian Electric Power is actively seeking construction companies that have solid financial standing and proven technical expertise for a project development.
Ethiopian Electric Power Tower
Consequently, it has officially reopened the bidding process for its long-awaited headquarters project, inviting both qualified international and local contractors to submit their applications.
To qualify and potentially win the bid, contractors must show a minimum of 10 years of experience in large-scale construction projects. Additionally, they should have completed at least three contracts, each valued at a minimum of 370 million US dollars, within the last decade.
Applicants are to show an average annual turnover of at least 230 million US dollars over the past five years in addition.
