Horizon Plantation Ethiopia to build bakery and flour factory in Addis Ababa
Addis Ababa, June 6, 2019 (FBC) – Horizon Plantation Ethiopia Plc, a subsidiary of MIDROC Investment Group, today laid a foundation stone for the construction of bakery and flour factory in Addis Ababa.
The factory, which is the first of its kind in the country, will have the capacity to produce 80,000 loaves of bread per hour.
The construction of the factory is expected to take 4-6 months.
Once completed, the factory will supply 100 grams of loaf of bread to the market for 0.75 Ethiopian birr.