Addis Ababa, May 14, 2024 (FBC) – The Chief Administrator of the Somali Region, Mustafe M. Omer, inaugurated a groundbreaking car assembly plant in Jigjiga city today, marking a significant milestone in the region’s industrial development.
The plant, constructed at a cost of 250 million Birr, is the first of its kind in the Somali region and has the capacity to assemble 10 cars per day.
During the inauguration ceremony, Mr. Mustafe highlighted the importance of such investment projects in not only reducing the demand for foreign currency but also in creating job opportunities for local citizens. He commended the private investors for their contributions to the region’s economic growth, stating that nearly 300 industries, ranging from small to large enterprises, have been instrumental in generating employment over the past six years.
Affirming the government’s commitment to supporting the private sector, the regional administrator expressed optimism about the future prospects of the plant. It was revealed that the plant has already created job opportunities for 100 workers, with plans underway for further expansions that are expected to lead to the creation of more employment opportunities in the region.