The 450,000-square-meter steel melt factory in Dukem town of Oromia State was inaugurated today.
The inauguration ceremony was attended by Oromia Regional State Head of State Shimeles Abdissa, Minister of Mines Engineer Takele Uma, religious leaders and other senior officials.
The factory was built at a cost of 5.6 billion birr.When fully operational, the factory will create jobs for 700 citizens and is expected to play a key role in curbing foreign exchange.
The factory, built by Ethiopian investor Kibru Isfa at a cost of 5.6 billion birr, collects all the fallen metals and uses them as raw materials.
