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Ethiopian Resort & Spa to Make a 400 MIllion Birr Expansion

kuriftuThe Ethiopian Resort and Spa, Kuriftu, has requested from the Commercial Bank of Ethiopia (CBE) a 400 Million Birr loan for an expansion work at its resort in Debrezeit.

According to Ato Tadios Belete, a co-owner of Kuriftu along his wife, the expansion work is going to be done on a 74,000sqm plot of land Kuriftu leased a month ago.

The center to be built will be a village with 100 two story houses and the houses’ ground floor will serve as a workshop for traditional artefacts and the other floor as a guesthouse.

The ground floor of the houses will enable visitors to access workshops where the visitors will be able to see how 100 different items are crafted. The visitors can also buy these products.

The project will start in two months time if the loan is approved by CBE, Tadios said.

The center that is going to be built will have a swimming pool, a traditional food corner, a restaurant, a conference room with three breakout rooms, bars and spa.

Source: Fortune