Affluence, a Chinese electronic equipment manufacturer, has officially begun producing transformers and digital meters in Ethiopia. Affluence Electric Appliances manufacturing Plc launched production from its newly built plant at Bahir Dar Industrial Park. The company set up the plant on a 5500 square meter shed that it acquired through lease contract with Industrial Parks Development Corporation (IPDC). The IPDC has announced today that the manufacturing plant is now producing various transformers and digital meters and supplying them to the Ethiopian market. Bahir Dar IP is among the three Industrial Parks that the IPDC manages in Amhara Region.

Source: Ethiopian News May 31, 2024 01:43 UTC