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Kia Motors Corp signed a deal with a local company on Thursday to start assembling cars in Ethiopia

Kia Motors to assemble cars in Ethiopia, considers Algeria
Ethiopia’s Prime Minister Hailemariam Desalegn (right), speaks with South Korea’s President Park Geun-hye (left), in Addis Ababa, Ethiopia Wednesday, May 25, 2016. (AP)

South Korea’s Kia Motors Corp signed a deal with a local company on Thursday to start assembling cars in Ethiopia and is thinking of similar operations elsewhere in Africa.

“It is important to penetrate the African market. We are also looking at the prospects of opening similar plants in Algeria and other countries,” Soon Nam Lee, President of Kia’s Middle East and Africa headquarters, told Reuters.

Read more at: english.alarabiya.net

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