Allanasons Ltd. to Build Meat Processing Plant in Ethiopia

Allanasons Ltd, India's largest exporter of processed food products, signed an agreement with the Ministry of Industry establish a meat processing plant, Walta Information Center reported.

The agreement was signed in Addis Ababa on Wednesday, January 1, 2014 by Meberatu Melese, Industry State Minister, and Aman R. Kahan, representative of Allanasons Ltd.

Meberatu on the occasion said, the establishment of the plant would help to improve Ethiopia’s meat export.

It would also enable the pastoral community to benefit from its animal resources as well as the leather industry, he said.

In addition to promoting technology transfer, the plant to be built on 75 hectares of land around Zeway, Oromia Regional State at a cost of 371 million birr will create employment opportunities for residents of the locality, he added.

Allana chooses to build the plant in Ethiopia taking into consideration the country’s li…

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Yangfan Motors Expanding its Assembly Plant in Ethiopia

Yangfan Motors P.L.C., a Chinese based Company, is to expand its vehicle assembly plant in Ethiopia at a cost of US$4.2 million.

The company has been assembling vehicles during the past four years in Ethiopia. Yangfan Motors signed agreement on Thursday for purchase of its assembling and manufacturing facility with Eastern Industry Zone located in Dukem, Oromia Regional State.

Liu Jiang, the Company's General Manager on said the company has supplied close to 3000 vehicles to the Ethiopian market so far.

The new plant, which will go operational within the next six months, will increase the company's annual production capacity to 5000 units from the current 1000 units.

Source: ENA

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