Wednesday, January 23, 2008

Ethiopia: Holland Car plc expands assembly

Holland Car Sales-office is situated in Addis Ababa in the Getu commercial Building. (4th floor: Sales Office, Ground Floor: Show room)
Capital

By Addis Mulugeta

Holland Car plc has expanded its car assembly independently without the involvement of the Dutch share company. Chinese Gona company technically assists the new model cars, Abay and Cassiopeia.

Engineer Tadessee Tessema explained that his company launched new models, Abay and Cassiopeia, but has not entirely abandoned to assemble Holland Car which it makes on order. Abay has safety features such as air bag and air conditioning, remote control, full power windows, hydraulic steering and 16 valves. He said that the spares are also cheap and the price lower than any other model car. Abay costs almost 150,000 birr and is guaranteed for one year. The company sells from 4-6 cars everyday.

Cassiopeia car plc is the second car assembly plant established in Ethiopia in January 2008, with the aim of assembling pickups, four wheelers, minibuses and light duty trucks. The total investment of the project is around 30,000,000 birr and will generate work for about 100 people.

He applauded that the company has plans to produce more than four thousand cars a year and a project to expand sales to the rest of Africa such as the likes of the Sudan, Senegal, Uganda, Kenya, Mozambique and Djibouti. He commented that each country expressed interest to work closely with their company. He added that the plan to expand to these countries is slow because local demand is very high.

Tadessee pointed out that an agreement with Holland Car terminated last year in July.


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