Page 12 - Abyssinia Business Network ABN August 2019

Rising organs of the bank into a single to hold 6,000 vehicles at a time.
centralizing
location.Besides,
One of these parking lots will
the head office operations in one be outfitted with a mechanical
building is an important aspect parking system which makes use
Building of achieving efficiency in the of magnetic cards and can hold
banking industry.
1,500 vehicles at one time. In
order to transport their vehicles
Adding One of these eye-catching andthe automatically inside the parking
most distinct landmarks in Addis lot, drivers are required to insert
skyline andbecoming the grace of the coded cards into the system.
the city is the skyscraper which Moreover, the building will
is being erected by Commercial consists of eight conference
Color to Bank of Ethiopia (CBE). The halls, out of which one will
glamorous edifice is visible from have the capacity to hold
distant locations towering all the 2,000participants. Inside the
medium ones surrounding it. structure, there will alsobe an
emergency waiting area where
Addis This 198 meterstall and 52-storey individuals can seek refuge at
world-class HQswhich rests times of disaster. The top two
on a total floor area of around floors will house two restaurants
147,692m2 is expected to be the and a sightseeing tower.
Skyline tallest structure in Sub-Saharan
Africa. The construction work Apart from this, this state-of-
of the buildingwhich is under the-art headquarters will also
execution with an outlay of 5.3 have many unique structures
billion Birr on RasDestaDamtew such as Heat Ventilation and
By staff writer Road, behind Ethiopia Hotel Air conditioner (HVAC),
began in April 2015 and pressurized firefighting, Security
ne bright afternoon I had a scheduled to be finalized in July Camera Television (CCTV), etc.
friendly chat with my friend who 2019. whichmake the construction
Ois a Branch Manager in one of process quite complex.
the private banks here in the capital, Addis However, due to various reasons
Ababa.He told me that these days his branch the construction is still going on, The contractor selected by
is incurringunjustifiable rental cost which undertaking curtaining and other the bank to undertake the
isin turn affecting its profit as compared to installation works. design and construction work
other branches due to its location. is the renowned China State
The building designed in Construction Engineering
Of course in the case of branch network diamond shape consists of a Corporation Ltd. (CSCEC).
expansion, renting an office is inevitable. But high-rise office tower and two Besides, the design review,
placing different organs of a head office in low-rise building volumes. The supervision and contract
various locations has several disadvantages office tower of over48 floors administration task is offered to
as it is costly, impedes speedy delivery of (4B+G+48)comprises the major Addis Ababa University-Addis
service, andbeing unmanageable, among departments of the Bank. The two Ababa Institute of Technology
others. low-rise buildings (4B+G+6 and (AAU-AAIT).
4B+G+8) are mainly conference
Hence, the writer of this piece feels that this centers, shopping center and When we see the track records
trouble has necessitated for the coming into parking garage. of CSCEC, it has undertaken the
being of high-rising headquarter buildings construction offamous high-rise
of financial institutions.These buildings Besides, the edificewill also have buildings across the globelike
are believed to bring all the dispersed four parking lots with a capacity Marriott Hotel in New York and
10 Abyssinia Business Nework ነሃሴ 2011 / August 2019