IVECO delivers 160 Trakker trucks in Ethiopia

The IVECO Trakker trucks are ideally suited to the mission at the Phibela agro-processing complex, which produces and distributes high-quality edible oil to the Ethiopian and East African markets.

The 160 Trakker trucks are equipped with the Eurotronic automated gearbox which delivers lower operating costs reduction and higher operational safety for the operator and superior driving comfort for the driver.

IVECO Phibela Industrial PLC banner press 300x68 IVECO delivers 160 Trakker trucks in Ethiopia

IVECO has supplied 160 Trakker, models AT380T38H 6×4 rigid trucks and AT720T42TH 6×4 tractor trucks to Phibela Industrial PLC, a leading company based in Ethiopia for edible oil (with 1.6 million liters per day), oilseeds crusher, specialty fats and oleo chemicals manufacturer. The vehicles meet the Company’s very specific technical and operational requirements with their capacity to work on impenetrable, broken terrains, and tackle the constant stresses of the harshest conditions while delivering extraordinary performance. The Trakker trucks will be used to cover the route between Djibouti and Bure.

Ethiopia is the second most populous country in Africa after to Nigeria with a population of over 110 million. The country spends about 600 million USD annually to purchase edible oil from abroad, which amounts to 25 percent of the county’s foreign trade expenses. It imports 95% its demand from edible oil producing countries like Malaysia, Indonesia and Singapore. The cooking oil demand of the Ethiopian market is 507,191 tons annually, of which almost 95 % is imported edible oil. Most of the oil consumed is imported palm oil, followed by locally – produced Niger seed oil. Therefore, the establishment Phibela Industrial PLC in Ethiopia can significantly contribute to significant savings in the country’s foreign currency expenditure.

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