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Expansion project for edible oil processing

Sector: Chemical (Industrial) • Location: Bahir Dar, Ethiopia

Source: United Nations Industrial Development Organization (UNIDO)

Project

NITSU YESHANEW EDIBLE OIL MANUFACTURING PLC was established in 2020 by a domestic investor for the production of edible oil and it was step towards import-substitution. The company proposes new project which will be to add an edible oil refinery line in the existing compound on 4,000 sq. meters. The total investment cost of the project is estimated at $USD 5 million. The company aims to introduce

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Project Information

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The project “Expansion project for edible oil processing” is an infrastructure initiative in the Chemical (Industrial) sector, located in Bahir Dar, Ethiopia. Taiyo aggregates data on it from United Nations Industrial Development Organization (UNIDO).

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Participants

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Description

Description

NITSU YESHANEW EDIBLE OIL MANUFACTURING PLC was established in 2020 by a domestic investor for the production of edible oil and it was step towards import-substitution. The company proposes new project which will be to add an edible oil refinery line in the existing compound on 4,000 sq. meters. The total investment cost of the project is estimated at $USD 5 million. The company aims to introduce advanced edible oil manufacturing technology through joint partners and collaborative research works. The foreign investor can collaborate through equity infusion , collaborative research works, and support in the purchase of new machinery and equipment.

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Source reliability

High

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100%

Source

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URL

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