The Korea auto brad Hyundai has opened a assembly plant in Ethiopia. The Assembly is opened by the agent of Hyundai in Ethiopia, Marathon Motors, which is owned by Ethiopian Olympic medalist, Athlete Haile Gebresillassie. The assembly plant has the capacity to assemble up to 10,000 cars a year. It will be assembly eight different models of Hyundai automobiles. The owner also stated that after five years, the assembly plant will use 100% inputs from domestic market.

Source: News Business Ethiopia February 21, 2019 14:26 UTC