Chinese car manufacturer to set up new plant in Ethiopia
December 19, 2012 – African Review reports that Lifan Industry Group, a Chinese automaker, is set to invest $3.5 million in a vehicle assembly plant in Ethiopia in 2013. According to the GM of Lifan, Liu Jiang, the motive behind the investment is the expansion of business in Africa.
Source: African Review
To read the article in fill, click on the following link: http://www.africanreview.com/financial/business/chinese-car-manufacturer-to-set-up-new-plant-in-ethiopia
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