Foundation for constructing a giant Tractor Factory was laid
• An agreement meant to kick-off the project was also signed
Tuesday, 06 September 2022, Addis Ababa , Ethiopia : Foundation for constructing a giant Tractor Factory was laid here yesterday at Bishoftu town in the premises of Mojo Wire and Cable Manufacturing Factory. An agreement meant to kick-off the project was also signed .
It was EEG CEO Ambassador Meseganu Arega and YTO-CAMACO international Director Mr. Liu Pi who signed the agreement that provides for the immediate kick-off the project.
The factory, which is due to be completed in 2015 E.C, is expected to manufacture 50 tractors per day.
Speaking on the occasion ambassador Meseganu Arega noted that because the Adama Agricultural Machinery Manufacturing Industry is getting old, the need for establishing a modern and up to the date agricultural implements manufacturing industry has become imminent.
The factory which is to be built with the help of YTO-CAMACO is said to be the first of its kind in Africa and would supply the African markets too, he made it clear.
No doubt, the factory would be back bone to the Ethiopian agricultural actives, he said and went on to state that there is also a plan to establish servicing and assembling centres at the regions.
Mr.liu Pi on his part reiterated that his company is one that has transformed Chinese agriculture for the first time into a modern one. And, as such its cooperation and collaboration now with EEG would not be tough.
For sure, the factory, upon completion and operation, would create job opportunity too many Ethiopians, he said adding that his company is ready and eager to build and handover it in the shortest time possible.
EEG Board Chairman, Dr, Abereham Belay on his part noted that the very essence of the new and democratic government of Ethiopia was reforming EEG and making it competitive by taking it out of its rent collection and petty trade mentality. This is in fact, becoming successful and fruitful. This modern tractor construction project is a litmus paper for this, he said.
Federal government representatives, EEG Board and management Members, and Mojo town residents have attended the colourful ceremony.
TO-CAMACO (CHINA-AFRICA MACHINERY CORP) is a leading Chinese company in the production of agriculture tractor worldwide, with production capacity of forgings, mechanical processing, assembly, and testing.
Molalign Metec PR, [9/6/2022 10:22 AM]
[Forwarded from Molalign Metec PR]
Foundation for constructing a giant Tractor Factory was laid
• An agreement meant to kick-off the project was also signed
Tuesday, 06 September 2022, Addis Ababa , Ethiopia : Foundation for constructing a giant Tractor Factory was laid here yesterday at Bishoftu town in the premises of Mojo Wire and Cable Manufacturing Factory. An agreement meant to kick-off the project was also signed .
It was EEG CEO Ambassador Meseganu Arega and YTO-CAMACO international Director Mr. Liu Pi who signed the agreement that provides for the immediate kick-off the project.
The factory, which is due to be completed in 2015 E.C, is expected to manufacture 50 tractors per day.
Speaking on the occasion ambassador Meseganu Arega noted that because the Adama Agricultural Machinery Manufacturing Industry is getting old, the need for establishing a modern and up to the date agricultural implements manufacturing industry has become imminent.
The factory which is to be built with the help of YTO-CAMACO is said to be the first of its kind in Africa and would supply the African markets too, he made it clear.
No doubt, the factory would be back bone to the Ethiopian agricultural actives, he said and went on to state that there is also a plan to establish servicing and assembling centres at the regions.
Mr.liu Pi on his part reiterated that his company is one that has transformed Chinese agriculture for the first time into a modern one. And, as such its cooperation and collaboration now with EEG would not be tough.
For sure, the factory, upon completion and operation, would create job opportunity too many Ethiopians, he said adding that his company is ready and eager to build and handover it in the shortest time possible.
EEG Board Chairman, Dr, Abereham Belay on his part noted that the very essence of the new and democratic government of Ethiopia was reforming EEG and making it competitive by taking it out of its rent collection and petty trade mentality. This is in fact, becoming successful and fruitful. This modern tractor construction project is a litmus paper for this, he said.
Federal government representatives, EEG Board and management Members, and Mojo town residents have attended the colourful ceremony.
TO-CAMACO (CHINA-AFRICA MACHINERY CORP) is a leading Chinese company in the production of agriculture tractor worldwide, with production capacity of forgings, mechanical processing, assembly, and testing.