Hyundai launched its first assembly plant in Ethiopia on Thursday. The South Korean car maker is the second giant car manufacturer to sign a joint venture deal with the Ethiopian government this year.
Renowned Ethiopian athlete Haile Gebrselassie, who owns the Marathon Motors brand, was a guest at the opening of the Hyundai Motor plant. The CEO of Hyundai Motors, Mr. Won Hee Lee was also present at the ceremony along with Ethiopia’s Foreign Affairs Minister, Workneh Ghebeyehu.
The Ethiopian government has signed some major deals recently in a bid to propel the country’s economy. […] CONTINUE READING
