Sinopia News Top

Manufacturing

Russian Automakers Eye Ethiopia for Assembly Plant

Car Manufacturing

Russian automakers are exploring the possibility of establishing an assembly plant in Ethiopia. In early April, representatives from renowned Russian car manufacturers Lada and GAZ Group expressed their interest in investing in the Dire-Dawa Free Trade Zone in Ethiopia. During their meeting with the leadership of the Ethiopian Industrial Parks Development Corporation, the representatives expressed their desire to manufacture various products and supply them to the Ethiopian market.

Add a comment Add a comment
Read more...

Ethiopia: Ten Local Companies to Enter Industrial Parks

IPDC 10 Companies

Ten local companies with a capital of over Birr 8.2 billion Birr have signed agreements with the Industrial Parks Development Corporation (IPDC) to operate in the industrial parks. The agreement aims to increase private sector engagement in IPDC and encourage local companies. Five of the ten companies will be engaged in manufacturing pharmaceuticals.

Add a comment Add a comment
Read more...