Hyundai Motor opens auto parts manufacturing plant in Ethiopia

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Published on 22 Feb 2019, 11:05
현대차, 에티오피아서 조립공장 개장… "연 1만대 생산 규모"

Hyundai Motor opened an auto parts manufacturing factory in Ethiopia.
According to Reuters, the factory opened on Thursday in Addis Ababa.
It will have an annual production capacity of ten-thousand cars.
The Ethiopian firm partnering with the Korean giant for local distribution said the factory is large enough to cover demand from neighboring countries such as Sudan, Somalia and Kenya.
Hyundai's expected to export more of its vehicles to other African countries and expand its market share in the region.

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