Interesting facts about Commercial Bank of Ethiopia new headquarter

Information about the huge Commercial Bank of Ethiopia headquarters building:

• The foundation stone of the building was laid on June 20, 2007 by Bereket Simon, a policy advisor and then Chairman of the Board of Directors of the Commercial Bank of Ethiopia.
• A long study has been done to carry out the construction and it has taken its own time to find the site; After 18,308 square meters of land was given to the building, a design competition was held with the participation of many, making it the current winner.
• It took 7 years to identify the building design and construction facility.
• The building is state-of-the-art and incorporates an unusual structure in Ethiopia.
• Construction of the building was carried out under the supervision of Addis Ababa University Institute of Technology (AAiT) by the Chinese Government Construction Engineering Corporation.
• 4 underground and 49 above ground with a total of 53 floors with a total height of 209.15 meters and two large buildings with 11 and 13 floors. It has a total area of over 165,000 square meters.
• The 11-storey building has a conference hall; It has a modern Assembly Hall that can accommodate 2,500 people at a time, 5 small meeting halls with a capacity of 300 people and 200 seats (all can be connected to each other); It has staff cafeterias and a bank branch.
• The 13-story building is also used as a commercial center. Includes state-of-the-art cinema with 5 rooms, malls, gymnasium, beauty parlor, children’s amusement park, game zone, restaurants, and food court.
• The first floor of the main building is a permanent exhibition hall, from the 2nd to the 46th floor holding the office of the head office of the Bank. The 47th and 48th floors are cafeteria and recreation areas.
• It has 24 elevators, 26 scaffolders. The 4 floors have a range of up to 1,500 cars, including a state-of-the-art mechanical parking, as well as a variety of other services.
• The entire building has modern fire protection and CCTV cameras, media facilities, and 3 high-rise refurbished floors in the tallest building. It is built for modern security systems.
• It is equipped with a special technology called IBM to save water and electricity.
• The building is the tallest building in Addis Ababa, the tallest building in East Africa and across Africa.
• Construction cost $ 303.5 million.
• Commercial Bank of Ethiopia Headquarters @tikvahethiopia