Somali Regional President Mustefie Mohamed presided over the inauguration of a new car assembly factory in Jigjiga city. The factory, constructed at a cost of Birr 250 million, represents a significant development initiative for the region.
President Mohamed expressed his encouragement for the project, highlighting the role of private investors in the region’s growth. He emphasized the dual benefit of such investments: reducing foreign currency expenditure while creating employment opportunities for local citizens. The government’s commitment to supporting the private sector was further reaffirmed by the President.
The factory boasts a production capacity of up to 10 cars daily and has already created employment for 100 workers. With plans for further expansion, the facility is expected to generate additional job opportunities in the future, according to information from the regional communication office.
Source: Fana BC
