Hidasie Telecom S.Co plan to build a headquarters building on around 22 roundabouts.

It has issued a construction bid and awarded a construction contractor named Tekleberhan Ambayu Construction. According to this, a contract signing ceremony was held at the Global Hotel in the presence of the heads of the two companies and the parties concerned.The construction is divided into three phases. It is also stated that the construction will be completed in three years.

The new Headquarter is a mixed-use headquarters and business complex for an estimated half a billion Birr investment.The headquarters, which will be built in the Hayahulet area will have 19 floors and four basement levels. To rest on 1,500Sqm of land, the building is planned to be completed within three years.

Anchor Foundation Specialist Plc, a local firm specialised in foundation works, started the construction of the shoring in November. Anchor, which is known for building the United and Nib bank headquarters, Marriot International Hotel and the Addis Abeba Light Railway Transit Qality Terminal, is expected to complete the shoring this month.

BKW Consulting Architects, Planners & Engineers Plc, another local firm that has been in business since 2003, is involved in architectural and engineering activities and is also supervising the project. The contractor for the structural part is expected to be hired soon, since the company floated a tender calling for interested companies.