http://www.ethiopianreporter.com/index.php?option=com_content&view=article&id=738:-42-&catid=98:2009-11-13-13-41-10&Itemid=617

http://www.ethiopianreporter.com/images/stories/webpics/1009CBE-Headquarters.jpg
The render, can't read Amharic, but here it is.
Where will it be?
I hope this happens. Mods, could you change this to L

Addis Abeba | Commercial Bank of Ethiopia HQ | Office| 42 fl | Proposed

ንግድ ባንክ ባለ 42 ፎቅ የህንፃ ዲዛይን ይፋ አደረገ



(በብርሃኑ ፈቃደ)

የኢትዮጵያ ንግድ ባንክ ባለ 42 ፎቅ የህንፃ ዲዛይን ይፋ አደረገ፡፡ አዲስ ለሚገነባው ዋና መ/ቤት ሕንፃ ንድፍ (ዲዛይን) ውድድር ካካሄዱ ተሳታፊዎች ሦስት አሸናፊዎችን ገንዘብ ሸለመ፡፡

ትናንት ምሽት በሸራተን ሆቴል በተካሄደው ሥነስርዓት ለዋና መ/ቤት ሕንፃ ግንባታ የዲዛይን ውጤቶቻቸውን ካቀረቡ 29 ተወዳዳሪዎች 21 ያህሉ መስፈርት በማሟላታቸው እስከ መጨረሻው ደረጃ ቢዘልቁም በዓለም አቀፍ የሥነ ሕንፃ (አርክቴክቸር) ደንብ መሠረት የመጨረሻው ደረጃ ላይ ተሸላሚ ለመሆን የበቁት የሕንፃ ዲዛይኖች ሦስት ናቸው፡፡

የዲዛይን ውድድሩ የተመራው በኢትዮጵያውያንና በውጭ አገር የሥነ ሕንፃና የምህንድስና መያተኞችን ባካተተ የዳኝነት ሂደት መሆኑን በሥነስርዓቱ ወቅት የተገለፀ ሲሆን፣ ዲዛይኑ የቀረበባቸው ሥራዎችም የሥነ ሕንፃ ቴክኒካዊ መመሪያዎችና መጠይቆችን ተከትለው ምዘናና ግምገማ እንደተካሄደባቸው፣ የኢትዮጵያ አርክቴክቸሮች ማህበር ፕሬዚዳንት ዶ/ር ኤሊያስ ይትባረክ ከሰጡት ማብራሪያ ለማወቅ ተችሏል፡፡

አሸናፊ በመሆን አንደኛ የወጣው ሄን አርክቴክተን (ሄን አርክቴክትስ) የተባለ የጀርመን ኩባንያ ሲሆን፣ ከኢትዮጵያዊ አጋሩ ዩኒቨርሳል ኮንሰልታንት ጋር በመሆን የ200"000 ብር ሽልማት ተበርክቶለታል፡፡

አሸናፊው ዲዛይን ተፈላጊውን የሥነ ሕንፃ መዘክረ ተግባር (Terms of Reference) መጠይቆችን አሟልቶ በመገኘቱ ተሸላሚ መሆኑ ሲገለፅ፣ 42 ፎቆችን ለመሥራት እንደሚያስችል ታውቋል፡፡

በሁለተኛ ደረጃ ተሸላሚ የሆነው ጌሉክ ትሪዩኔት አርክቴክተን የተሰኘ የሆላንድ ኩባንያ ሲሆን፣ አጋር ኩባንያው የተባበሩት አረብ ኢሚሬትሱ ኤስቢ ኮንሰልት ሆኗል፡፡ ሁለቱም የ150"000 ብር ሽልማት አግኝተዋል፡፡

የሦስተኛ ደረጃን ያገኘው ጌሬታ ኮንሰልት የተሰኘ ኢትዮጵያዊ ኩባንያ አልኣጅሚ ከተባለ አጋሩ የተባበሩት አረብ ኢሚሬትስ ኩባንያ ጋር የ100"000 ብር ሽልማት ከባንኩ ተሸልሟል፡፡

በመጪዎቹ አምስት ዓመታት ይጠናቀቃል የሚል እቅድ የተያዘለት የባንኩ የሕንፃ ግንባታ የቅድመ ዲዛይንና የዲዛይን ሥራዎቹ በአሸናፊው የአርክቴክት ኩባንያ እ.ኤ.አ በ2010 አልቆ በ2011 መጨረሻ መሠረት የማውጣት ሥራው እንደሚጀመር ይጠበቃል፡፡

የሕንፃውን የግንባታ ወጪ ይፋ ለማድረግ ጊዜው ገና እንደሆነ የንግድ ባንክ ፕሬዚዳንት አቶ በቃሉ ዘለቀን ጨምሮ፣ የሕንፃው ዲዛይን አሸናፊ ኩባንያ የዩኒቨርሳል ኮንሰልታንት ኃላፊ አቶ ደስታ ዓለምም ከባንኩ ጋር ከሚደረጉ ድርድሮችና የመጀመሪያና የመጨረሻ ጥናቶች ውጤት በኋላ አጠቃላይ ወጪው ይፋ እንደሚደረግ አስታውቀዋል፡፡

የኢትዮጵያ ንግድ ባንክ አሁን የሚያስገነባው አዲስ የዋና መ/ቤት ሕንፃ 10"528 ካሬ ሜትር ቦታ በአዲስ አበባ ከተማ አስተዳደር እንደተሰጠው የገለፁት የባንኩ ፕሬዚዳንት፣ በቂርቆስ ክፍለ ከተማ ኢትዮጵያ ሆቴል አካባቢ ግንባታው የሚካሄድ መሆኑንም አስታውቀዋል፡፡

ለሦስተኛ ጊዜ የሚገነባው አዲሱ ሕንፃ የባንኩን የዘመናዊነት ጉዞ ያረጋግጣል ያሉት አቶ በቃሉ ዘለቀ፣ ባንኩ ባለፈው ግንቦት ወር ባወጣው ማስታወቂያ መሠረት 34 ኩባንያዎች ምላች ቢሰጡም፣ የባንኩን የጊዜ ገደብና መስፈርት አሟልተው ለውድድር የበቁት 21 የሥነ ሕንፃና ምህንድስና ኩባንያዎች ናቸው፡፡

የኢትዮጵያ ንግድ ባንክ ከዚህ ቀደም ብሔራዊ ባንክ አጠገብ ያለውን ትልቁን ክብ ሕንፃ ወይም የባንኩ አዲስ አበባ ቅርንጫፍ የሚገኝበትን ሕንፃ፣ እንዲሁም ብሔራዊ ቲያትር ፊት ለፊት ያለውን ነጩን ሕንፃ ለዋና መ/ቤትነት ከዚህ ቀደም ማስገንባቱ ይታወሳል፡፡



42 ፎቅ :cheers:

Its real folks, Ethiopia's economic growth is for real. I am almost about to make all bets on it.

This is a phenomenon that could change the trajectory of many lives including mine.

Its real folks, Ethiopia's economic growth is for real. I am almost about to make all bets on it.
How can you feel so sure?

excellent:applause:

Its real folks, Ethiopia's economic growth is for real. I am almost about to make all bets on it.

This is a phenomenon that could change the trajectory of many lives including mine.

When GDP per capita is going down with one of the lowest in the world as is, when people still cannot own they live on, when you have tens of thousands of Ethiopians fleeing to Yemen because it's so bad, when you have two major secessionist conflicts ongoing, when you have the Chinese beating out local firms at each and every opportunity, when 22% of the population needs food aid, you cannot say our economic growth is "real"!

In other news:

The Commercial Bank of Ethiopia (CBE) is to construct a 42-storey building for its headquarters in Addis Ababa. The building will be the tallest building ever in Ethiopia.

Speaking at a ceremony organized to award architects, who presented designs for future headquarters of the CBE, bank’s president Bekalu Zeleke said the design is expected to represent CBE’s status as world class bank and portray its strength.

The future headquarters envisaged to bring together the scattered head office organs of the CBE will also be the first building in Africa to attain a green building status that meets international standards.

CBE had acquired 10528 sq. meters of land for construction of the headquarters adjacent to Ethiopia Hotel.

Mayor of Addis Ababa City Administration, Kuma Demekssa said the city requires modern buildings that go along with its booming growth. Kuma said massive construction is being undertaken in the city. He said his administration would extend all the necessary support for those who are interested to construct international standard buildings. Kuma said the city administration responded urgently to the request of the bank and believes that the building would add grace to the city.

It was disclosed that some 21 contestant architects presented designs for the building. CBE provided 200,000 birr award to the winner design presented by HENN Architecten (Germany) in collaboration with Universal Consultant from Ethiopia.
Well at least you have Ethiopian and European firms here.

Wow. I hope you guys realise it will be the tallest building this side of the continent. Its beautiful.

Wow. I hope you guys realise it will be the tallest building this side of the continent. Its beautiful.
Really? I taught you would have something similar in Nairobi? I agree, it looks beautiful. :banana:

That's a great design. AA has evolved greatly in the past 15 years, and it looks set to continue.

When GDP per capita is going down with one of the lowest in the world as is, when people still cannot own they live on, when you have tens of thousands of Ethiopians fleeing to Yemen because it's so bad, when you have two major secessionist conflicts ongoing, when you have the Chinese beating out local firms at each and every opportunity, when 22% of the population needs food aid, you cannot say our economic growth is "real"!

GDP per capita has been going up under the EPRDF. For the sake of peace I will say no more.

How can you feel so sure?

I feel it.

When GDP per capita is going down with one of the lowest in the world as is, when people still cannot own they live on, when you have tens of thousands of Ethiopians fleeing to Yemen because it's so bad, when you have two major secessionist conflicts ongoing, when you have the Chinese beating out local firms at each and every opportunity, when 22% of the population needs food aid, you cannot say our economic growth is "real"!

I can't say its fake. There is a positive economic activity in Ethiopia. That is real for me. There is also the usual problems.

When GDP per capita is going down with one of the lowest in the world as is, when people still cannot own they live on, when you have tens of thousands of Ethiopians fleeing to Yemen because it's so bad, when you have two major secessionist conflicts ongoing, when you have the Chinese beating out local firms at each and every opportunity, when 22% of the population needs food aid, you cannot say our economic growth is "real"!

this kind of take (wrapped in unsubstantiated facts) on one's own country's current state is a bit disturbing to me. sure, things haven't changed much for the overwhelming majority of citizens, but to deny the progress that's been made so far reeks of pure arrogance and is completely unproductive for all parties involved. please let's all try to be rational when we discuss such matters so we can move forward in the right direction.

ITA with Mike.

Meles and CO have a lot of faults, but they've also achieved more than the 2 previous governments combined. They've definitely done quite a bit, even if we all wish they'd change a few things.


Love that building! It's been a long time since the CBE has been planning to build it. The land the city admin had given to them was disputed by the current occupants because they said that the government had not given them the opportunity to build on the land themselves first, as per the law.
I believe it was actually battled in court. I remember this debacle back in 2006/2007.

If I'm not mistaken, the land is the space at the intersection between the road that goes Ambassador-Ghion Hotel and the one that goes from the palace to Ethiopia Hotel. Not sure what the name is, but it's where Harambe Hotel is as well.
If you remember Bruk Clinic, it's that section right there. It's also right across the street from where the Red Cross building is coming up.

I'll try to find a map of the area.

I can't believe you people!

Article from Fortune has more details
http://addisfortune.com/CBE%20Selects%20Design%20for%20Headquarters.htm



Henn's design was chosen because of better functionalities such as ventilation, day lighting and vegetation, the jury said during the award ceremony. Other criteria included security, access to people with physical disabilities and information technology installations.

I especially like the part about access for people with disabilities. That's something that is nonexistent in any new building as of now. Hopefully we will see a new trend in this direction.

More detailed location:

CBE has secured a 10,528sqm plot in the Kirkos District, along Ras Desta Damtew Street next to the Ethiopian Hotel from the Addis Abeba City Administration. The plot on which Brook Clinic rests has also been given to CBE following its request for extra land.

More construction:

CBE plans to build an additional 17 buildings in Addis Abeba to move its branches from rented facilities to owned ones. The sites CBE targeted are Ayer Tena, St. Joseph Church, Amist Kilo, Lafto, Gotera, Megenagna, Tewodros Square, Africa Avenue (Bole Road), Kirkos, Wello-Sefer, Mexico Square and Lideta. Construction work started for the Megenagna building last Thursday, December 31, 2009.

Unfortunately construction is not set to begin until END of 2011, plus another 5 years of construction. That is way too far in the future, we need to be more efficient!!!

^^I really like these new green buildings. Like the Bank of America tower (http://i50.tinypic.com/5lb0xv.jpg) in Manhattan

Addis developers also seem to be improving with design; more modern designs.
Another modern design recently for Addis is the Exhibition Center in this thread (http://www.skyscrapercity.com/showthread.php?t=924688). Its just a beautiful building through and through:

http://img268.imageshack.us/img268/2337/1243890540.jpg

That's definitely a freaking gorgeous building!! I cannot wait til it's completed.

There are other plans for the CBE new Head quarter which any one can see in the Goffa Branch at Kera.

Are you in Addis? Could you take some pictures for us?

http://addisfortune.com/Vol%2010%20No%20505%20Images/images/cbe_new_hq_design_01.jpghttp://addisfortune.com/Vol%2010%20No%20505%20Images/images/cbe_new_hq_design_02.jpghttp://addisfortune.com/Vol%2010%20No%20505%20Images/images/cbe_new_hq_design_03.jpg
The winning design CBE's future headquarters

Larger render

More renders:http://nazret.com/forum/viewtopic.php?p=3895

http://nazret.com/blog/media/blogs/new/cbe3.jpg

http://nazret.com/blog/media/blogs/new/cbe_2.jpg

http://nazret.com/blog/media/blogs/new/cbe2.jpg

http://nazret.com/blog/media/blogs/new/cbe4.jpg

more news and renders about this project from the world architecturalnews.com

http://www.worldarchitecturenews.com/index.php?fuseaction=wanappln.projectview&upload_id=13154

Are you in Addis? Could you take some pictures for us?

Yes i am in addis. I have got the picture of the other contestants but i don't know how to post pictures here. or visit http://www.combanketh.com

http://www.combanketh.com/newsImages/1st%20Prize1.jpg

How far is the site for this tower from the exhibition centre and other developments (mexico square, AU etc?)

I wish they could be clustered together.

It's close to both Mexico square and the exhibition center. It's not that close to the AU.

Here's a sketch I made of the area that's supposed to be the new CBD. It gives you a bit of an idea of what's coming up there. There are a few more construction projects that I didn't put there because I don't know what they are supposed to be. For instance, there are several bldgs u/c on Churchill Rd but I didn't put them there. There's also the HQ of Abyssinia bank but I don't know where that is. So there's a few like that.
Also Churchill Rd is going to be going through an overhaul around the train station (the circle thing at the end of Churchill). They are going to split it in two and make it go around the train station and join another avenue.
Africa Ave. is also going to be reconstructed entirely. Debre Zeit Rd is currently under construction as well. They are doubling it in size.

http://i46.tinypic.com/30rmaee.jpg

I made a mistaken, where it says Dashen Bank, I think it's Wegagen Bank. Sorry :)
Oh, and the line that comes out from the Piazza box is supposed to say the City Center Development (the Twin Towers) however the plans have changed. I think they are planning to just build one tower as opposed to twins.

^^nice sketch Abesha, looks like you got almost everything there.

Here is some news on that City Center Dev that we've all been waiting to see get started
I saw a new plan for it to be only one tower a few months back, but it looks like it might be redesigned again....back into twin towers:


City Responsible for Al-Amoudi's Twin Towers Delay:


When the company leased the land in 1998, it said that it would erect twin towers buildings 42 and 39 storeys high, which would be used for multiple purposes including apartments, retail centres, cinemas and parking for 500 vehicles. The indicated budget at the time was 400 million Br.

An executive of the MIDROC Group told Fortune that the construction was delayed by various underground utility lines and because of the fear that the foundation work would destabilise the City Administration's buildings nearby.

"The land belongs to the company. Our experts are now looking at the design," said Mekonnen Kechera, land grant process leader at the Land Development and Construction Permit Authority.

The two towers are now shorter than in the first design. Huda could get the construction permit over the next few months, according to Mekonnen, who added that the company would then be expected to begin construction within the specified period.

http://www.addisfortune.com/City%20Responsible%20for%20Al-Amoudi%27s%20Twin%20Towers%20Delay.htm

Thank you Yosef!
Some of the buildings I didn't put are:

- the Abyssinia Bank HQ (somewhere behind the National Theater - around Awash HQ)

http://img228.imageshack.us/img228/250/untitled1ej1.png

- the Maritime Transit Authority bldg (close to Awash as well);

http://img164.imageshack.us/img164/4440/maritime3d01.jpg

- the Radisson Hotel (in the Kazanchis box);

http://www.hoteldesigns.co.uk/library/1211929200/28_05_08_Radisson_Addis_Ababa_lrg.jpg

- the Tracon Engineering bldg U/C on Churchill:

http://img27.imageshack.us/img27/8278/tracon.jpg

- a mall (between Piazza and Eri Bekentu, in Arat Kilo). No render but it's U/C

- luxury condo units (in the Kazanchis box and on Africa Ave)

For example, on Africa Ave:

http://enatrealestate.com/templates/Enat/images/index_11.jpg

And in Kazanchis:

http://ziasae.com/images/stories/folio/Empire/Empire_web_01.jpg


- the Africa Insurance HQ near the CBE HQ (proposed so far. I believe they're still waiting for the approval by the city). No render yet.

I'm sure I've forgotten others that were mentioned here before..


That's really good news that they're going ahead with the plans. Hopefully construction will start before the end of the Ethiopian year (September).

It's close to both Mexico square and the exhibition center. It's not that close to the AU.

Here's a sketch I made of the area that's supposed to be the new CBD. It gives you a bit of an idea of what's coming up there. There are a few more construction projects that I didn't put there because I don't know what they are supposed to be. For instance, there are several bldgs u/c on Churchill Rd but I didn't put them there. There's also the HQ of Abyssinia bank but I don't know where that is. So there's a few like that.
Also Churchill Rd is going to be going through an overhaul around the train station (the circle thing at the end of Churchill). They are going to split it in two and make it go around the train station and join another avenue.
Africa Ave. is also going to be reconstructed entirely. Debre Zeit Rd is currently under construction as well. They are doubling it in size.

http://i46.tinypic.com/30rmaee.jpg

Lovely. Thanks for the info.

Confusion over expansion of CBE's new HQ

The Commercial Bank of Ethiopia (CBE) has requested additional plot from the Addis Ababa City Administration behind its future headquarter area adjacent to the Ethiopia Hotel.

The bank has already received 10,528 meter square of land there to build its 42 storey building that will be the largest in the country's history. The requested an additional plot is currently under the tenure of Das Computer and Africa Insurance, both privately owned companies.

According to sources, these two companies had earlier applied to the land lease office to construct their own buildings on the same plot.

Kiros Jirane, president of Africa Insurance recently told Capital that his company had submitted a proposal to the lease office to construct a 20-plus storey building for the company's headquarter around its present Filwoha branch.

Previously, the insurance firm had suggested constructing a 10-plus floor headquarters in the same place, but the city administration declined the plan as it did not fit with the city's master plan. Following that, Africa Insurance revised its design and re-submitted its request to begin the project in the budget year.

However, the city administration has not yet responded to the insurance company's request. Kiros told Capital that his company is still waiting for the city's response to work out the final design and commence the construction work.

Meanwhile, Kiros said that he is not aware of CBE's interest.
"We do not believe that the lease office would transfer our plot to the CBE. The bank has got enough land for the construction of its building," an official with Africa Insurance told Capital.

Two weeks ago, CBE awarded a jointly owned German and Ethiopian firm, HENN Architecture and Universal Consult, the contract to do the design work for the 42 storey 'Green Building' on10,528 metres squared of land, while the bank has requested to be accorded additional land in the same area.

"During the last 18 years, our bank has expanded in size and services. However, the bank's key units were scattered all over the capital city. Therefore, the necessity to bring all these units under one roof and have a symbolic headquarter that fits with the country's economic development compelled us to build the headquarters," Bekalu Zeleke, president of the bank said during the awarding ceremony that took place in the presence of the Addis Ababa Mayor Kuma Demeksa. Under the current construction material price, the CBE building is estimated to cost over a billion birr.

Currently, the insurance company is also constructing a 10 floor building with three floors of underground parking around Bisrate Gabriel in the south west of Addis Ababa on 2,300 metres squared of land, at a total cost of 100 million birr. The construction work there is being done by Tekleberhan Ambaye General Contractor. Africa Insurance is also soon to commence the construction of a seven floor branch office around Bole.

Meanwhile, CBE has placed the foundation stone for the construction of an 11 storey branch building in front of Megenagna ring road that will be used as a branch to the area.
Abay Tsehaye board chairman of the bank laid the building's foundation on Thursday, December 31, 2009. The building, which will be constructed by Teklebrehan Ambaye's construction firm, will cost the bank over 100 million birr, according to information obtained from the public relation department.
Capital's efforts to reach the president of the bank failed.

http://www.capitalethiopia.com/index.php?option=com_content&view=article&id=12120:confusion-over-expansion-of-cbes-new-hq&catid=12:local-news&Itemid=4

I hope this is not going to delay the construction!
I thought this issue was resolved but apparently not. Africa Insurance's claims are actually perfectly correct in light of the lease law. Hopefully they too will get to build their HQ there so that we get a nice accumulation of 20+ story buildings in that area.

CBE’s half-year profit balloons to 1.5bln birr

By Hayal Alemayehu

The Commercial Bank of Ethiopia (CBE) has grossed yet another record high, half-year profit of 1.5 billion birr amidst preparations to built a 42-storey skyscraper worth about a billion birr, it was learnt.



The bank's gross profit during the first half of the current fiscal year has significantly increased against that of the same period of the previous year when the bank declared a record high profit.

The bank had grossed an all-time high profit of 2.7 billion birr in its 67-year history during the last budget year, with its net profit standing at 1.9 billion birr.

With its profit surging year-on-year, particularly over the last four years, the bank is currently preparing to build a 42-storey office block in a bid to boost its image as a world-class bank.

Along with the reported record profit for the first half of the current fiscal year, the bank’s non-performing loans (NPLs) have dropped to their lowest level of 3.1 percent in the bank’s 67-year history. Only six years ago, its NPL portfolio was 50 percent, way above the 10 percent mark for a commercial bank to be considered healthy by international standards.

The bank’s capital and reserve registered a significant increase to reach five billion birr while its net worth stood at over 60 billion birr at the end of the last fiscal year, according to the bank’s corporate communication department which for the first time announced the bank’s performance to the media last year.

Aside from its 208 branches operating around the country, east Africa’s banking giant has opened a subsidiary bank in Juba, Southern Sudan.

http://en.ethiopianreporter.com/content/view/2184/26/

Well, its good to hear of growth in a financial market these days, so :cheers:
But, it still needs to expand its growth to other regions of the country as well as other country's too.

^^ Great news! :banana: I like the expanding plan to South Sudan.