After building a production facility for concrete admixtures in 2016, it is hoped that the new plant will be the next step in improving the Ethiopian construction market.
Ivo Schädler, EMEA Regional Manager said, “With the new plant in Ethiopia, we are pursuing the implementation of our Africa strategy. Thanks to the new facility, we will provide the market with locally manufactured technical mortars, and our tile adhesives range to serve the need for more sophisticated and technically advanced building materials. With our strong local presence, we can adapt products to meet the specific customer requirements, and make products available with shorter delivery times. We are thus creating the ideal conditions for participating in the country’s dynamic construction market.”
Investment projects sponsored by the Ethiopian government are aimed at rapidly developing the country’s infrastructure and making a major contribution to the dynamic development of this country. According to estimates, the construction industry in Ethiopia is set to grow by 12% in 2019 and by 8% to 9% on average between 2019 and 2028.