Tecno Group, a mobile phone assembly and production company in Ethiopia held a groundbreaking ceremony on Thursday for its phase III factory in Addis Ababa, Walta information Center reported.

The foundation stone was laid in the ICT Park currently under construction by the Ethiopian government to support the development of information communication technology in Ethiopia.

Speaking on the ground breaking ceremony, Ethiopia’s state Minister of Communication and Information Technology, Getachew Negash said besides other regulatory incentives, the current reform concerning value addition on technological products has attracted a number of assembly companies to invest in Ethiopia.

Tecno Mobile started operation in Ethiopia in 2009. The company currently employees about 400 workers.

Source: Ethiopian Radio and Television Agency