Grand Airport Project to Cost Br50 Billion

The new mega international hub that the Ethiopian Airport Enterprise (EAE) is planning to build out of Addis Ababa is going to cost 40-50 billion birr.

At a media visit organized by EAE yesterday Commander Tsegaye Kaleab, deputy head of the Addis Ababa Bole International Airport expansion project and the planned mega hub, told journalists that the new mega hub project is estimated to cost 40-50 billion birr and is going to be a 10-year project. According to Tsegaye, the French consulting firm, ADPI, has finalized the study on the site location.

The previous locations proposed by EAE have been annulled by ADPI and new locations have been identified by the consulting firm. Previously, three locations near Modjo, Dukem and Teji towns were proposed for the new airport construction site. However, ADPI dropped these locations and selected eight new sites. "Of these eight locations five will be presented to the government for final decision," Tsegaye said. ADPI used satellite images to select the new locations.