Bishoftu town of Oromia Regional State inaugurated Jebdu Motors Co. Ltd., a company which manufactures tools for agricultural production. The company has a capital of Birr 133 million and produces irrigation pumps among other agricultural equipment.
After the company was inaugurated, 16,803 water pumps of different sizes were distributed to farmers. Jebdu Motors is expected to create job opportunities and replace imported products.
Another town near Bishoftu, Modjo, welcomed YTO-CAMAC, the biggest tractor manufacturer in China this month. The tractor manufacturing company will become operational in 2015 E.C. and produce 10,000 tractors annually.
Source: Addis Zemen
Image source: Oromia Bureau of Agriculture