Ethiopia: EABC Plans to Manufacture Light and Low Cost Agricultural Machinery
With a view to increase production and productivity nationwide, Ethiopian Agricultural Business Corporation (EABC) is planning to manufacture light and low cost agricultural machinery in Ethiopia. Kefyalew Berhanu, the Corporation’s CEO, said EABC plans to manufacture the machinery through joint ventures. According to the CEO, the Corporation is planning to work with foreign companies. He said, “EABC is ready to provide land, marketing service, trained manpower and also contribute modest capital,” adding that light and low cost agricultural machinery are essential for the country in reducing the cost of importing.
