Samsung Set to Open Assembly Plant in Ethiopia

Samsung Ethiopian Assembly plant
Samsung is south Korea’s leading electronics company

AFRICANGLOBE – Samsung, today (March 18), announced that it has concluded an agreement with the government of Ethiopia to establish a laptop and printer assembly plant in the country over the next few months.

The announcement was made during the Fourth International Samsung Conference in Cape Town, South Africa.

Samsung Electronics East Africa’s Chief Operating Officer, Robert Ngeru said “We have finalized the agreement with officials from the Metal and Engineering Corporation (MEC) and officials from other government bodies”.

According to Ngeru, Samsung has also finalized agreements to assemble television sets and refrigerators in the country.

Additionally, by partnering with MultiChoice Ethiopia, Samsung plans to offer consumers purchasing Samsung Televisions an inbuilt decoder.

Accordingly, Samsung customers will get a free decoder with every purchased television set, thereby enabling them to enjoy the benefits of digital TV immediately.

Ethiopia’s economy is one of the fastest growing in the world, the government has pursued a strategy of rapid industrial and infrastructural development, which has lead to an annual average of eight percent economic growth rate over the past decade.