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Belayab Enterprise, a local company is to begin the
assembly of Chinese vehicles and the manufacture of
conduits and electrical cables in Adama in four
months, the company's management disclosed.
Established with a capital of 136 million Br, the
company expects to complete the construction of its
car assembly and conduits manufacturing plant over
the next four months on an 80,000hct plot six
kilometers from Adama, on the road to Wenji, near
the Canvass and Garment Factory, according to
Wondwossen Engida, project manager of the company.
The construction started four months ago.
The founders of the company, Aschalew Belay and
Zenebe Belay, have deals with Foton, the Chinese
vehicle manufacturer, to assemble vehicles at the
plant which will be erected on 50,000hct of the
80,000hct plot, Wondwossen said. Among the first to
be assembled will be pick-ups, mini buses, dump
trucks, cargo trucks, with automobiles to follow in
due time. The plant will also assemble small
motorized agricultural equipments.
Belayab is not new to the business. At its existing
facility near Kera in Addis Abeba, it has been
importing and assembling heavy duty vehicles such as
low-beds, loaders, back loaders, and excavators.
The conduit and insulated cable manufacturing plant
will rest on the 30,000hct next to the assembly
plant. Wondwossen says that the two plants could
employ up to 800 people.
The construction is expected to take a total of
eight months with 150 people employed on the job.
Construction was interrupted recently for four days
because of the shortage of cement, according to the
manager. Part of the plant’s construction beyond the
foundation will be done by prefabricated building
parts. |
