The construction of Addis Ababa rivers and riverside projects, the 52-kilometer project which is announced last month has started, Addis Abeba River Basins & Green Areas Agency announced.
Varnero, an Italian private construction company, has started the construction of the two-kilometer of the project, according to the agency.
An agreement has also signed for the construction of the Multifunctional park to be developed around Sheraton expansion project area near the hotel.
A private construction company, originally from Italy, Varnero is a grade one contractor in Ethiopia since the late 1960s.
The Italian firm is well-known for constructing various landmarks in the city of Addis and elsewhere. The Addis Abeba city municipal’s building, the old circular headquarters of Commercial Bank of Ethiopia and many others.
According to Sileshi Belay, director at the agency, stated that the agency has done various activities in order to control flood methods used to reduce or prevent the detrimental effects of flood waters in various parts of the city.
This project is different because it covers all parts of the upper and lower parts of the basin, he said.
Five streams seven riversides which found in the city are identified and will be included in the project, the director said.
Though the construction of the two kilometers is started the remaining phase needs additional study and will be completed in three years of time, he added.