Headlines
- Construction Begins on Tanzania's Multibillion 22-Storey Twin Towers in Nairobi
- 2024-25 Budget Speech Highlights the Growth and Priorities of Tanzania's Construction Sector
- More Than 19 Companies To Represent 'Saudi Made' At BUILDEXPO Africa 2024
- Record breaking figures at Kenya's biggest construction trade exhibition
- Kenya Unveils $2 Billion Plan for New Nairobi Airport Project amid Growing Pressure on JKIA
- Tanzania Gives Go-Ahead to Massive Sh80.85 Billion Mbamba Bay Port Construction Project
- KeNHA Unveils Strategic Sh394 Billion Plan to Construct Major Highways in Kenya
- Ruto’s Multi-Million Plan to Host the 2027 Africa Cup of Nations (AFCON) Tournament in Kenya
- Tanzania's Modern Industrial Park Project on Course with 3.5 Trillion Investment
- African Development Bank Greenlights $696.41 Million for Phase 2 of Tanzania-Burundi-DRC SGR
Lifan plans new assembly plant in Ethiopia
![](http://buildmartafrica.com/images/image/lifan-ethiopia-car-show.jpg)
Lifan Industry Group Co, a Chinese automaker, plans to spend $3.5 million moving into a new vehicle-assembly plant in Ethiopia next year as it seeks to expand in Africa, General Manager Liu Jiang said.
The company’s Ethiopian unit, Yangfan Motors Plc, may begin manufacturing cars in nation and spend as much as $30 million over five years if sales continue to grow, he said in an interview in the capital, Addis Ababa. Lifan is basing its African operations in Ethiopia because of the country’s “good relations” with China, its growing economy, low crime rate and political stability, Liu said on Friday.
Source : abdas.org
Posted on : 30 Nov,-0001
Buildmart is Africa's leading directory and market news website for the building and construction industry | Kenya | Tanzania | Rwanda | Ethiopia
Exhibitions In Africa
- 25th Buildexpo Tanzania 2024
Diamond Jubilee Expo Center, Dar-es-Salaam, Tanzania
12 - 14, Sep 2024 - 08th Afriwood Tanzania 2024
Diamond Jubilee Expo Center, Dar-es-Salaam, Tanzania
12 - 14, Sep 2024 - 08th LightExpo Tanzania 2024
Diamond Jubilee Expo Center, Dar-es-Salaam, Tanzania
12 - 14, Sep 2024 - 08th Minexpo Tanzania 2024
Diamond Jubilee Expo Center, Dar-es-Salaam, Tanzania
12 - 14, Sep 2024