Isuzu Motors foray into Ethiopia, plans to open vehicle assembly plant
Isuzu Motors Ltd. announced that it has confirmed the preparations for opening a vehicle assembly plant in Ethiopia in August this year.
The General Manager of Isuzu Motors Ltd., Taro Kunifusa recently announced the plan during the talk he had with Ambassador of Ethiopia to Japan, Kassa Tekleberhan.
A Japanese vehicle manufacturer, Isuzu Motors supplies a wide range of products to the Ethiopian market, trucks in particular. “We want to engage in other investment sectors to take advantage of Ethiopia huge market potential. We have finalized preparations to open a vehicle assembly plant in August 2019” he said.
Ambassador Kassa assured the company of government’s commitment to providing the support the company needed to set up an assembly plant.
The ambassador also briefed other officials of the company about the investment opportunities in Ethiopia, according to Ethiopian Embassy in Tokyo, as reported by FBC.
Headquartered in Tokyo, Isuzu Motors Ltd., is a Japanese commercial vehicle and diesel engine manufacturing company. It also has a number of subsidiaries, including Anadolu Isuzu (a Turkish joint venture with Anadolu Group), Sollers-Isuzu (a Russian joint venture with Sollers JSC), SML Isuzu (an Indian venture formerly known as Swaraj Mazda), Jiangxi Isuzu Motors (a Chinese joint venture with Jiangling Motors Company Group), Isuzu Astra Motor Indonesia, Isuzu Malaysia (Isuzu HICOM), Isuzu UK, Isuzu South Africa, Isuzu Philippines, Taiwan Isuzu Motors, Isuzu Vietnam, Isuzu Motors India and BYD Isuzu.
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