Chinese firm begins constructing Djibouti’s $70m skyscraper.
BY MOVINCE ODUOR
Chinese construction firm China Civil Engineering Construction Corporation (CCECC) has begun works on Djibouti’s first skyscraper. Once complete, the $70million robust project which is under construction will be the tallest structure in Djibouti.
The groundbreaking ceremony was officiated by Djibouti’s President Ismail Guelleh Omar, Chinese Ambassador to Djibouti Fu Huaqiang and the President of CCECC Yuan Li.
“It will be a new landmark of Djibouti,” said Yuan Li, president of CCECC
Ideally located at the opening of the Red Sea, the 23-storey twin tower development will host the Headquarters to China Civil Engineering Construction Corporation. Djibouti’s prime location is projected to boost trade activities via the new Ethiopian railway as China seeks to take a lion’s share of the African market.
The architectural marvel named ‘CCECC Djibouti Plaza’ will offer high end features on its commercial and residential spaces that shall comfortably accommodate the ever expanding business traveller’s class and a handful of investors.
The CCECC Djibouti Plaza. It will be the tallest structure in the horn of Africa.
Amassing a total build up area of 42,000 square meters, the colossal twin-tower project will host over 450 small offices-home offices units (SOHO) with provisions of meeting and conference rooms, dining room, gymnasium and swimming pools.
With a population estimate of around 900,000, Djibouti is banking on its strategic location to court key market players and Foreign Direct Investors (FDI) to leverage on its transport potential. The project is expected to cut down the unemployment gap by generating about 2,000 jobs during its construction stages and over 1,000 jobs when fully operational.
Meanwhile, according to CCECC President, the Chinese construction firms is contemplating incentives on land reclamation on the nearby sea shores and assess the impact of artificial islands on surrounding marine ecology. “This aims to provide science-based demonstration and technological preparations for the development of an urban complex on the eastern coast, called The Wings of Djibouti,” said the President.