Printing Plant Worth Over $32 Mn Inaugurated in Ethiopia

melba-printingMelba Printing, Publishing and Packaging plant, a printing and packaging factory built at a cost of over $32 million (1.4 billion birr), has been inaugurated. The plant has a capacity of producing over 138,000 books a day, 50 million a year. The plant is located in the town of Gelan, in Ethiopia's Oromia region.

Shimelis Abdissa, president of the Oromia region, along with other high-ranking government officials, have been present during the inauguration of the plant.

The enormous printing and packaging plant is expected to play a crucial role in saving foreign currency through the substitution of overseas printing, publishing, and packaging with high-quality local production. Moreover, the company aims to provide high-quality printing and packaging services to African countries in the region.

Melba Printing, Publishing and Packaging plant has created employment opportunities for more than 500 people, it was learned. 

https://t.me/News2merkato


Source: FBC

Image Source: Twitter account of Shimelis Abdissa, President of the Oromia region

 

Exchange Rates

Selling
Buying
USD 44.3371  43.4677 
GBP 59.0542  57.8963 
EUR 52.9207  51.8830 
CHF 46.2804  45.3729 
CAD 32.5188  31.8812 
AED 10.9229  10.7087