Local Firm K2N Submits Design for Gov’t Ayka Addis Industrial Park

Construction by Ayka Addis Construction is scheduled to begin after the rainy season

Construction of the joint government-Ayka Addis industrial park is to begin, following the submission last week of the design done by local firm K2N Architecture & Engineering Consultancy Plc.

The construction will be undertaken by Ayka Addis Construction, a sister company of Ayka Addis Textile & Investment Group Plc.

It took K2N one month to complete the design, which was selected from those submitted by six shortlisted firms.  Among these only three, K2N, Pace Consulting Architects & Engineers Plc, and Geretta Consulting Architects & Engineers Plc  submitted their proposals, from which K2N offered the lowest contract price.

The industrial park will be established on four hectares of land at Jemo Mekanisa. There are five floors. On one floor there two factory sheds with each one resting on 10,000sqm.K2N’s design can be modified to have three sheds on each floor instead of two. The park will also have waste management facilities, including liquid waste treatment facilities for effluent from the factories. Cafeterias, green areas, and stores will also be built in the park.

The facility, which is expected to create an employment opportunity for more than 10,000 people, is intended to focus on textile and garment industries. Government holds a 70pc share, with the remaining 30pc held by Ayka Addis Textile Company.

Ayka Addis Construction has applied for a construction permit and is ready to begin construction after the rainy season, Yusuf Aydinzy, co-owner and president of Ayka Textile told Fortune. This project was delayed because the government’s attention had shifted to other sites, such as Hawassa Industrial Park.

Construction cost estimates supplied by the consultant, K2N, and by Ayka Addis Construction will be compared with each other and with market prices. This will be followed by negotiation to agree on a price, said Zinabu Mekonen, Construction Supervision & Contract Administration Director at the Corporation.

The construction of the Hawassa Industrial Park is to be undertaken on 300ha of land, by China Civil Engineering Construction Cooperation (CCECC), which signed a 246 million dollar contract with the government on July 1, 2015. Phase One of the Bole Lemi Industrial Park, which is solely owned by the government, is already in operation. A Korean firm, DOHWA Engineering Co. Ltd. has been hired by the government for 139 million Br in an agreement signed on April 1, 2015, to be the consultant for the second phase of the Bole Lemi Industrial Park.



Published on Aug 24,2015 [ Vol 16 ,No 799]



With a reformist administration in charge of the executive, there has b...


The new electricity tariffs that became effective on December 1, 2018,...


Who it is that midwifed the rapprochement between E...


Egyptian companies are about to sue the federal government over their i...


A recent photo between Prime Minister Abiy Ahmed (PhD) and George Soros...


The future is bleak. Millennials and younger generations who will inher...

View From Arada

There is heated debate on the propriety, decency and morality of breast...

Business Indicators


Editors Pick