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An expansion project for producing tomato ketchup and sauce

Sector: Consumer Products • Location: Gelan District, Ethiopia

Source: United Nations Industrial Development Organization (UNIDO)

Project

Indut industrial plc was established in 2009 by a domestic investor for the production of Tomato ketchup. The company is in the business of Tomato ketchup and Sauce for more than 12 years. Looking at the unsatisfied Ethiopian ketch-up industry the company has developed a new project to expand its existing capacity. The proposed project will have an installed capacity of 3,000 Tons of Tomato ketc

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Project Information

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The project “An expansion project for producing tomato ketchup and sauce” is an infrastructure initiative in the Consumer Products sector, located in Gelan District, Ethiopia. Taiyo aggregates data on it from United Nations Industrial Development Organization (UNIDO).

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Description

Description

Indut industrial plc was established in 2009 by a domestic investor for the production of Tomato ketchup. The company is in the business of Tomato ketchup and Sauce for more than 12 years. Looking at the unsatisfied Ethiopian ketch-up industry the company has developed a new project to expand its existing capacity. The proposed project will have an installed capacity of 3,000 Tons of Tomato ketchup and Sauce annually. The total investment cost of the project is estimated at $USD 4 million, out of which the promoters have raised 1 million USD. Therefore, the local investor is looking for international partners for equity infusion as well as bringing in technical expertise.

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High

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Source

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URL

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