Giant Insurer to Erect Billion Br Buildings

By Samson Berhane

The Ethiopian Insurance Corporation (EIC), the giant insurer in the country, has finalised preparations to construct two multipurpose buildings with an estimated cost of 1.2 billion Br to accommodate its staff working in the East District.

The Company has already completed the design of the nine-storey buildings. The multipurpose buildings will have shops, residences and offices.

EIC has been struggling to clear the land for the past ten years. Currently, it has started conducting soil tests.