Addis Abeba, Ethiopia, [January 31, 2024]

In a momentous event at the Sheraton Addis Hotel, N.A Business Ventures, a conglomerate with a company leading the Ethiopian metal industry and engineering, proudly announced its collaboration agreements with two esteemed Chinese giants, SINOTRUK International and RAISUN. The signing ceremony was graced by the presence of the distinguished Minister of Industry, Melaku Alebel, symbolizing a significant step towards fostering international partnerships for Ethiopia’s industrial advancement.

Revolutionizing Transportation with SINOTRUK International

N.A Business Ventures, under the visionary leadership of Managing Director Nebiyu Assefa, unveiled its strategic collaboration with SINOTRUK International, a renowned name in the automotive industry. The highlight of this partnership is the introduction of cutting-edge vehicle models in Ethiopia, specifically the HOWO-TX: 6X4 with a robust 400HP engine and an impressive 220 kuntal payload capacity. Additionally, the HOWO 220HP model boasts a 150 Kuntal payload capacity. The vehicles can work for eight hours nonstop.

Through an investment of one billion Br

N.A had established plants 6 years ago which created jobs for over 300 permanent peoples and 8 small enterprises those have above 150 peoples. The company has been awarded trophies for its taxpaying prowess. The conglomerate is also set to introduce electric vehicle (EV), paving the way for the adoption of electric vehicles in Ethiopia and contributing to the country’s green initiatives.

These SINOTRUK HOWO models are set to revolutionize the transport sector in Ethiopia, addressing critical needs with unmatched performance and reliability. The collaboration aligns seamlessly with N.A Business Ventures’ commitment to enhancing local industries and reducing dependency on car imports.

Sustainability at the Core