Ethiopian Foreign Minister Dr. Workneh Gebeyehu inaugurated Hyundai Marathon Motor Vehicle Assembly Plant in Addis Ababa today (February 21), in a major push to boost the country’s automotive industry.
On the occasion, Minister Dr. Workneh said with the view to expanding the country’s automotive industry, the government will continue to support investors who engage in the sector.
The plant, which was established at a cost of half a billion Birr, has the capacity to assemble 10,000 cars in eight different models per year.
The plant will create employment opportunities for 200 people initially, and with the possibility to create 1,000 jobs once it goes fully operational.
The Marathon Motor Engineering, Plc. Is a joint venture between Hyundai Motor Company and the renowned athlete Haile Gebreselassie.According to Ethiopian Foreign Ministry