New Iodized Salt Plant Opens in Ethiopia

An iodized salt plant named SVS, jointly built by Ethiopian and Turkish investors, was inaugurated today in the city of Semera, Afar region of Ethiopia.

The SVS salt plant, which cost over $14.7 million (432 million birr), has a capacity of producing 450 thousand quintals of iodized salt per month, it was reported. The plant employs 700 permanent and 200 temporary workers.

Another plant, with a production capacity of 750 thousand quintals per month is under construction at Afdera in the same region, at a cost of over $31 million (918 million birr). Once it goes operational after six months, the new plant will create employment opportunities for some 1,400 workers.

66.6 percent of the construction cost of the SVS salt plant is covered by Ethiopians, while Turkish investors contributed the rest.

Source: Fana BC



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