Chaka Project
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LocationYeka, Addis Ababa, Ethiopia
StatusUnder construction
Groundbreaking21 May 2022
ContractorE-tollo
| Location | Yeka, Addis Ababa, Ethiopia |
|---|---|
| Status | Under construction |
| Groundbreaking | 21 May 2022 |
| Companies | |
| Contractor | E-tollo |
| Owner | Addis Ababa City Administration |
| Technical details | |
| Cost | 500 billion birr |
| Size | 503 hectare |
Chaka Project (Amharic: ጫካ ፕሮጀክት) is an ongoing urban planning project and part of Addis Ababa City Corridor Project, known as Smart City Project launched on 21 May 2022. The project encompasses the construction of National Palace, residencies, resorts, artificial lake and renovation of forest in Yeka sub-city of Addis Ababa, Ethiopia.
Landed over 503 hectare, the project incorporates roads stretched over 29 km. A contractor named "e-tollo" undertook the construction with 500 billion birr costing, becoming the second high investment project after the Grand Ethiopian Renaissance Dam.[1]