Local industry would be able to manufacture kitchens for beneficiaries of the bond

The local industry announced it would be able to meet the demand of 500,000 induction cookers the Government will require for the beneficiaries of the Human Development bond, said Diego Malo, Director of Fibroacero, company that along with Induglob and Mabe are part of the Association of Industrialists of Appliances (ALBE for its Spanish acronym).

“We can produce the 500,000 units the Government requires through the Human Development Bond without any problems,” Malo said.

He added that the installed capacity of the three companies reach 1,500,000 annual induction kitchens.

This announcement came after the government indicated they are looking for manufacturers of these kitchens abroad. “The private sector (…) can offer us roughly 70,000 monthly kitchens, but what we really need is almost twice of that monthly (…), now we have to see in China if they can help us with these 80,000 kitchens more,” said the Minister of Industries, Ramiro Gonzalez, last week.

Malo said that so far they have not had a response from the Government regarding whether the acquisition of the kitchens be manufactured by the local industry.