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Euro Cable PLC, a joint Ethio-Turkish venture, commissioned a new plant in Gelan, Oromia Regional State, tripling its existing production capacity. The expansion raises total investment to $40 million.
Euro Cable, a joint venture between Turkey's Demes Cable and Ethiopia's Glorious Company, inaugurated a new cable manufacturing plant in Gelan, Ethiopia. The $40 million facility boosts annual production capacity from 4,000 to 12,000 tons.
| Site | Largest | Latest |
|---|---|---|
| Gelan, Ethiopia | $40.0M | 2019-05-04 |