Addis Ababa today celebrated a significant milestone in its urban development and economic strategy with the grand inauguration of the Lafto Number 2 Multipurpose Market Center. Spanning an impressive 8.8 hectares, this modern facility is poised to revolutionize trade and direct consumer-producer engagement within the city.
The cutting-edge market center was officially opened by Mayor Adanech Abiebie of the Addis Ababa City Administration, who was joined by Dr. Kassahun Gofe, Minister of Trade and Regional Integration. Both dignitaries underscored the project's importance in fostering a more efficient and transparent market system.
Designed to enhance and modernize the city's commercial landscape, the Lafto Multipurpose Market Center boasts an array of advanced features, including dedicated cold storage units, spacious supermarkets, and contemporary retail outlets. This comprehensive integration of facilities sets it apart from previous market developments undertaken by the city administration.
A key objective of the new center is to directly connect producers with consumers, effectively minimizing the need for third-party intermediaries. This direct linkage is expected to streamline supply chains, enhance product freshness, and potentially lead to more equitable pricing for both producers and buyers.
The inauguration of the Lafto Number 2 Multipurpose Market Center marks a substantial step forward in Addis Ababa's commitment to fostering economic growth and improving the quality of life for its residents through modern infrastructure, FBC reported.