FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers New TRADE AFRICA New

Fortune Logo
The design of the new Motor & Engineering Company of Ethiopia (MOENCO) Service Centre. Construction has begun at the site and is  expected to cost 700 million Br.

Motor & Engineering Company of Ethiopia (MOENCO), the sole importer of Toyota vehicles, is constructing a Toyota Service Centre for 700 million Br.

The new facility will have 80 service bays and can maintain up to 25,000 vehicles a year. The centre will be located in Aqaqi-Qality district  on a 20,000Sqm plot. Construction of the project started in December 2018 and is expected to be completed by the end of 2020 when it will provide job opportunities for 300 people.

GERETTA Consulting Architects & Engineering, which has overseen the construction of the Oromia Cultural Centre and Century Mall, is consulting on the project. The construction will be carried out by the 17-year-old Bamacon Engineering Plc, which was contracted to build the Embassy of Rwanda and Kanoria Africa Textile.


Once completed, the service centre will have a central lab system, a showroom, onboard diagnostic systems, wheel alignment and automatic exhaust gas extraction. It will provide services such as vehicle and part sales, periodic maintenance, general and collision repair.

MOENCO, which has nine branches across Ethiopia and employs 1,500 people, is also investing 110 million Br to modernise its service delivery. CDK, a London-based company, was contracted to install Autoline-DMS, a dealer management system for all of its branches.


"It will create the ultimate customer experience," said Seife Getahun, finance director of MOENCO.


With an annual turnover of four billion Birr, MOENCO has been operating in Ethiopia since 1968 as a subsidiary of Inchcape, a London-based company engaged in global distribution and retail in the automotive sector in over 30 countries across five continents.

MOENCO is one of the largest automotive companies in Ethiopia, which already has 19 vehicle assemblers and over 800,000 vehicles, though 90pc of demand is met by imports. It is also an agent to brands such as Komatsu, New Holland Agriculture, Hino Motors, Cummins Generators and Suzuki Motorcycles.

During the last fiscal year, Ethiopia spent 544.3 million dollars to import vehicles.


Over the past two decades, MOENCO has invested more than one billion Birr in branch expansions, service outlets and parts distribution centres.

MOENCO's new service centre project is an investment that experts have applauded.

Such service centres will contribute to the growth of the industry by bringing new technology, besides reducing the problem of maintenance in the country, according to Eshetie Berhan (PhD), associate professor at Addis Abeba University’s School of Mechanical & Industrial Engineering.

“MOENCO should move toward the manufacturing of spare parts,” said Eshetie.


PUBLISHED ON Feb 23,2019 [ VOL 19 , NO 982]

How useful was this post?

Click on a star to rate it!

Average rating 5 / 5. Vote count: 1

No votes so far! Be the first to rate this post.



Related Posts

[ssba-buttons]

Put your comments here

N.B: A submit button will appear once you fill out all the required fields.

Editors' Pick

Exclusive Interviews

State Enterprises from Oracles to Apprentices

Dec 22 , 2024 . By TIZITA SHEWAFERAW

Charged with transforming colossal state-owned enterprises into modern and competitiv...

Agenda

Rising Costs, Inflation Threaten Insurance Industry

Aug 18 , 2024 . By AKSAH ITALO

Although predictable Yonas Zerihun's job in the ride-hailing service is not immune to...

Agenda

BREWING DISCONTENT

Jul 28 , 2024 . By TIZITA SHEWAFERAW

Unhabitual, perhaps too many, Samuel Gebreyohannes, 38, used to occasionally enjoy a couple of beers at breakfast. However, he recently swit...

Fortune News

Electric Vehicle Push Leaves Investors in the Lurch

Jul 13 , 2024 . By AKSAH ITALO

Investors who rely on tractors, trucks, and field vehicles for commuting, transporting commodities, and f...

Commentaries

How Africa Should Negotiate with Trump

In a recent interview, Fox News anchor Bret Baier asked Felix Tshisekedi, the preside...

Making Sense of the New Global Economy

As the world becomes more volatile and confusing, policymakers, business leaders, and...

Fineline

Leaders of the National . . .

Leaders of the National Election Board are in a charm offensive mood, of a sort. Last week, they organised a rare tour for members of the me...

When the country’s most. . .

When the country's most senior diplomats and envoys return back to their posts after two-week debriefings, they leave behind a point or two...

Editorial

Where the Roof Overhead Comes with a Ceiling on Hope

Jun 7 , 2025

Few promises shine brighter in Addis Abeba than the pledge of a roof for every family...

Courting Foreign Buyers of Properties While Land Remains State-Owned

May 31 , 2025

It is seldom flattering to be bracketed with North Korea and Myanmar. Ironically, Eth...

A Country on Life Support Must Not Neglect Its Healers

May 24 , 2025

Public hospitals have fallen eerily quiet lately. Corridors once crowded with patient...

Researchers Churn Out Studies by the Ton. Quality Checks are Causality

May 17 , 2025

Ethiopia pours more than three billion Birr a year into academic research, yet too mu...

Gallery

Parliament Approves New Cabinet Members

Oct 6 , 2021

Parliament Approves New Cabinet, Incorporates Opposition Leaders Lawmakers have approved today the nominations of 22 ministers, including three opposition leaders. Two MPs have voted against, while 12 abstained...

2020 in Posterity

Jan 5 , 2021

TIGRAY VOTES DESPITE "NULL & VOID" THREAT

Sep 9 , 2020

IN-PICTURE: LAUREATE'S RECEPTION  

Dec 14 , 2019

PM Abiy Ahmed (PhD) at a Gala Dinner Called for the Awarding of the Félix Houphouët-Boigny Peace Prize

May 6 , 2019

Faces, Voices of Addis Abeba

Apr 26 , 2019

Sunday With Eden

Tainted Trust Behind White Lies

Milk has long symbolized nourishment, growth especially for young children. In many families, including mine, it is more than a dietary stap...

A Dream Taxed to Death

Six years ago, a dear friend took a leap. He poured his life savings into building a business not for quick profits, but to create something...

Life Matters

A Dangerous Beam in a Childs Hand

It was during an ordinary errand, shopping for socks, that an unexpected discovery occurred. A gleaming green beam drew my attention to a cu...

The Dangers We Brew

It is unsettling how often news surfaces of everyday household items leading to accidents, some unexpected, others devastating. A recent rep...