Chapter X
Industrial Development
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Pepsi-Cola Plant - Inauguration
Mar. 28, 1966
... It always gives Us pleasure to see the rapid establishment of industries in Ethiopia.  Big or small,
industries are vital instruments for the development and progress of a nation and for the improved
standard of living of its people.  The services which industries render to a nation are not solely
limited to producing various articles for the benefit of the people; they also provide opportunities
of gainful employment.

The advent of modernization and progess entail new modes of life, and this new mode of life
demands, to a certain extent, the establishment of industries for processing food products.

The expansion of food processing plants should go hand in hand with those producing drinks and
beverages.  A shortage in the former would create an imbalance in the needs of an improved
standard of living.  Therefore, We hoep that more attention shall be given to the expansion of food
processing industries, while setting up beverage plants.  We extend Our thanks to all those who
have contributed in the establishment of this factory.  We are pleased to see Ethiopians participate
as share-holders in such factories, and it is with pleasure that We open todya this Pepsi-Cola
Haile Selassie the First - March 28, 1966