Sunday, August 23, 2026

Shipping Lines building demolition raises eyebrows

Youth organized to demolish houses around the La Gare area told the Woreda administration that they were unhappy about being sidelined from demolishing the Shipping Lines and Varnero Buildings.
The Woreda 7 administration of Kirkos sub-city organized close to 500 unemployed youth from La Gare, Filwuha and Commerce areas in 18 teams to demolish houses to make way for the Eagle Hill project.
According to the agreement with the Wereda administration, the youth will demolish and sell properties to earn money and already participated in the demolition of most parts of the area.
One of the team members told Capital that they were expected to earn more from the two-building, but the Woreda administration took over the task without informing them and auctioned by themselves in the absence of the representative of them.
For the demolition of Ethiopian Shipping Lines and Logistics Service Enterprise building, seven individuals won the auction at a value of over a million birr.
Capital asked the Woreda administration head Haftu Gebreegziabher but he refused to comment.
The Eagle Hills project is being built by the Dubai based real estate developer at the cost of 50 billion birr. It should be finished in seven years. The project includes hotels, malls and apartments.

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

The FX Auction Meant to Restore Order Turns Two

The foreign-exchange auction turns two this month. Its 25...

Ethiopia dominates Kenya’s informal export market, claims over 50% share

Ethiopia has solidified its position as the premier destination...

Breaking the debt and currency cycle

Ray Dalio’s ‘How Countries Go Broke: The Big Cycle’...

Ethiopia targets China trade gap with export drive 

Ethiopia is stepping up efforts to narrow its widening...

Does the law of attraction really attract wealth?

The promise is irresistible. Think positively, visualise financial success,...

Ebola Cases in Congo Exceed 5,000, Government Data Shows

The number of confirmed Ebola cases in the ​Democratic...

Deadly Attacks on Aid Workers and Contractors Surge in South Sudan as UN Urges Protection

At least 36 humanitarian workers and contractors have been...
spot_img

Related Articles

Popular Categories

spot_imgspot_img