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Ethiopia - Holland Car P.L.C to export Abay automobile to Holland
Holland Car P.L.C, the first car assembly company in Ethiopia, reached agreement with Het Zuiden Investment BV to export Abay, a locally assembled automobile, to Holland.
Company General Manager, Engineer Tadesse Tessema and Representative of Het Zuiden Investment BV, Carlo Van Hal signed the agreement here on Friday.
Speaking at the occasion Engineer Tadesse said "We intend to export 3000 cars annually in the future."
Abay automobile, which is inaugurated on November 2007, has been accepted overwhelmingly by market. The company has already decided to expand the factory in order to meet the market demand .
The agreement is believed to create a better business image and help to increase investment flow to Ethiopia.
Carlo Van Hal on his part said his company is interested to supply the car to other European countries.
Holland Car is assembling and distributing cars in Ethiopia. It is established in 2005 and is a joint venture between the Dutch company Trento Engineering BV in Sittard and the Ethiopian company Ethio-Holland PLC in Addis Ababa .
This cooperation is combining the expertise of production equipment and processes (Trento) and the knowledge of the local market (Ethio-Holland). The production-site of 20.000 square meters is situated in Modjo, about 65-km south of Addis Ababa.
Make me proud. This should be what Ethiopian all about. Yetenake entin endamilut..watch out BMW.
FREE MARKET IS THE WAY TO GO, CAPITALISIM NOT SOCIALISM OR DICTATORSHIP. meles the PUG CAN’T the world with his tiny monkey brain. alot of money is being made but its going in the hands of the bandits, thiefs, mafia boys from adwa.
meles allow FREE MARKET TO flourish and STOP WAGING WAR AGAINST your neighbors and fellow east africans. and allow KEDEMTI SERAWIT WOYANET TO leave somalia and eritrea territories immediatley. PEACE IS THE KEY FOR development.
“This cooperation is combining…the knowledge of the local market(ethio holland)"?? loooooooooool
How can a co. be a reliable market-knowledge source in a country where free market is next to non existent( and off course, where the existing one is fully controlled by the TIGRAYS)???
I bet the owner himself is a TIGRAY!!
waw…will be so proud when i see it on
street (wish i know the brand tho, anyone?
what is the name of the car? A car without a name who owns the name of the car? It was report it’s been five years since the co. started in ethio….has any been sold any where? If yes where and for how much? If anybody reading this could answer for me…..that would make my day
THIS IS GOOD NEWS
PHILLY WHY YOU HATEING?
this is good news, a good step! hope it’s main Office is in AA not in Mekelle.
We have to be proud not that we have a car or money. But we have to be proud that we are with God. He is only who can give us the true hapinnes and freedom.
Then freedom and hapinnes is not far!
Truth be told
Why do you have to be so cynical? Why do you hate so much that it is very difficult for you to accept the truth?
Be happy when yo hear good news. that is good for your health. that is good for us your brothers and sisters. and that is good for your country.
one at time,
wow i love it…..
How can an Ethiopian company have a name like ” Ethio-Holland PLC?”
I am sure it is at least a share company which makes Holland Car a 75% foreign company.
My guess is Holland is using Ethiopia as dumping place for used cars and yet making profit out of it.
I will find out…..stay tuned.
I love it I hope oneday soon i will drive the car MADE IN ETHIOPIA .
What is wrong Mitu? It is Abay automobile as they stated.
OMG Don’t some you folks read well? Nowhere in the news is mentioned a used car. There really is no limit to the universe and to human stupidity
AleQa Bru do you think?
Truth Be Told pls don’t generlize man leav TIGRAY don’t play the same game this gov is playing.
after all it is a good news for all of us.
awesome that what the free market and policy should be. Way to go EPRDF.
philly this is hapening in Ethiopia because of the good policy and free market of EPRDF. What do you have in your dusty no use fake state of Eritrea? do you have anything positive to tell us or nada non nothing or may be your huge giant sawa military training caps?
Get the hell out here sehabi gemel asha anseba. God beless Ethiopia. Yeha
just to answer you cynical question, “How can an Ethiopian company have a name like ” Ethio-Holland PLC?”
it’s called business, as you probably know there is “give and take “in business. that is exactly what’s happening here. at the moment Holland uses it’s technology and expertise and ethiopia uses it’s land and man power, I don’t see what your problem is with that? after all that is exactly what the Chinese did to get where they are. their human and natural resource.
don’t let jealousy ruin your life.
It is really a good news.
We also need some good news in the road to democracy, freedom and the rule of law in our country, ETHIOPIA !
I think ,if Ethiopia accupied Ertriea as
whole,the people of Ertriea are more safer than today.
hier for you nice News"He is believed to be in his late sixties or early seventies. Taha had been in detention since November 2005.
Neither he, nor the dozens of Eritrean citizens who were arrested with him including the famous singer and veteran, Idris Mohammed Ali; the journalists Jimie Kmeil and Adem Selshel and ten other civil servants and business people were charged with any crime or presented to a court of law by the Eritrean regime.
Nor have any of the countless of Eritrean political prisoners who have been arrested before or since that time been brought to a court of law.
The family of Taha Mohamed Nur was summoned by government authorities to collect his body and no explanation was given to them not even about the circumstances of his death.
Nur was one of six intellectuals who founded the Eritrean Liberation Front (ELF) in Cairo, Egypt, in 1960.
A graduate of a law school in Italy, Taha Mohammed Nur served the Eritrean revolution in various capacities including as the foreign relations officer of the ELF-PLF.
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