|AWASH INTERNATIONAL BANK S.C.|
What is New
New AIB and AIC Head Quarters Complex
Future AIB and AIC Head Quarters' Complex
Construction Agreement Signed for AIB/AIC Headquarters Complex
Awash International Bank S.C. (AIB) and Awash Insurance Company S.C. (AIC) have signed a contract agreement with M/S Geom. Luigi Varnero Plc. for the construction of the head quarters buildings of the two sister institutions.
The 16 and 14 storey twin buildings will be constructed on a 3000 square meters plot of land near Bedilu building along Ras Abebe Aregay Street at a total cost of Birr 153.3 million, including VAT and contingencies. M/S Varnero Plc. are expected to complete the construction of the twin buildings within 35 months.
The design work of the buildings was carried out by M/S Metaferia consulting Engineers Plc. MAT Consulting Architects and Engineers Plc. served AIB and AIC as Advisory Consultants.
A ground breaking ceremony (in lieu of laying foundation) was held on 15 April 2006 and the contractor immediately started digging the foundation. The work is well underway since then..
This site was last updated 05/04/06