Addis Ababa, December 28, 2019 (FBC) – A cornerstone has been laid for the construction of a cooking oil factory at a cost of 4 billion birr in Addis Ababa city.
The factory, which has a production capacity of 600,000 liters per day, will be built by MIDROC Ethiopia in partnership with the city administration.
Deputy Mayor of Addis Ababa city, Engineer Takele Uma, commended MIDROC and called on other investors to follow suit.
He also pledged that the city administration will provide all needed support for timely completion of the factory.
The construction of the factory will be completed within one and a half years.
Once completed, the factory will help meet growing demand for edible oil and cut oil import of Ethiopia by 25%, it was noted.