China-backed plant starts operations
By Wang Qian in Jinan and Jing Shuiyu in Beijing | China Daily | Updated: 2017-11-27 07:35
A new assembly plant jointly built by China National Heavy Duty Truck Group and Ethiopia's N.A. Metal Industry & Engineering Co, started operation in Addis Ababa on Saturday.
Ethiopia's leading automaker invested about $9 million in the plant, while partner Sinotruk, one of China's largest heavy truck manufacturers, will provide its African partner with equipment and regular technological training. The new factory is expected to assemble 600 trucks annually.
"The African market, especially the Ethiopian market, plays a decisive role in Sinotruk's 'going global' strategy. We have long been committed to developing close ties with our partners and customers in the region," said Zhang Yuzong, head of the African office of Sinotruk.
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