GOBES plans to create more than 300 jobs at the new plant in Bishoftu. The site, which is already owned by the applicant KALEB, will house the administration, assembly plant and workshop. In the medium term, GOBES wants to grow strongly, also in terms of the number of employees. To prepare them for their future jobs, qualification measures are planned for 140 of the new employees.
GOBES wants to become a major seller of buses in the Ethiopian market and, in a second expansion step, an important player in the emerging commercial vehicle industry. The consortium is planning to invest 4 million euros. The Facility Investing for Employment GmbH grants a subsidy of 1 million euros (25%).
The Facility Investing for Employment (IFE) of KfW Development Bank is part of the Special Initiative "Decent Work for a Just Transition" of the German Federal Ministry for Economic Cooperation and Development (BMZ). With its support, the facility wants to remove barriers that prevent the creation of new and better jobs in the private sector.