The construction of the Mosob tower is about to begin


Addis Ababa press: The construction of the Mosob Tower, which will be the brand of Addis Ababa, will be launched soon.

According to Tsegaye Teklu, founder and manager of the Mosob Tower, the new mosob-shaped tower, which was announced last year by the Ministry of Culture and Tourism, will begin four months later.

According to the manager, the project involves two buildings. The first is a 70-story building with a mosaic shape;

According to Tsegaye, the construction of the project will take place at the site of the Genet Hotel, typically called Mexico City. 40 to 49 percent of the cost of the project will be funded by partners from overseas and up to 51 percent of the cost of domestic investors.

According to the manager, the funding from the Partnership for Foreign Countries has been fully funded and is expected to enter into the next phase of the project in the coming weeks.

The project, which will be a multi-storey commercial building with a 70-storey moss-like structure is part of the 20-storey building, built on a star-studded level, and will work as a training centre for the Ministry of Culture and Tourism.

According to the manager, the total cost of the project will reach 20 billion birr, and the construction will create job opportunities for 20,000 people and is expected to be completed in four years.


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