Techno To Start 3rd Phase Factory Construction

TECNO GROUP, a company working on mobile phone assembly and production in Ethiopia, laid a foundation stone Thursday to build its phase III factory in Addis Ababa.

The company has already been in the market with its two factories in Ethiopia.

The Ethiopian government has already dedicated an investment area for the establishment of an ICT Park to support the development of ICT. The foundation stone was laid for Techno group in the park which is under construction.

Speaking on the ground breaking ceremony, Ethiopia’s state Minister of Communication and Information Technology, Getachew Negash said besides other regulatory incentives, the current reform concerning value addition on technological products has attracted a number of assembly companies.

Tecno Mobile, which started operation in Ethiopia in 2009, has currently employed about 400 workers and eyes to reach 600.

According to ERTA, Company Director General George Wu underlined that the 3rd phase would beef up the business relationship between the country and the company.

Ethiopian ICT Association President Siyoum Bereded for his part noted mobile assembly is among the top profitable businesses here and appreciated the government’s attention for the sector.
Source: Walta Information Center (WIC)