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Expansion project for sugar candies and bubble gum

Sector: Manufacturing (Industrial) • Location: Sendafa, Ethiopia

Source: United Nations Industrial Development Organization (UNIDO)

Project

A national investor established ASNAKE SME CANDY FACTORY in Sendafa town, Oromia region, to manufacture bubble gum and other confectionery goods, in 2006. According to a recent market analysis, the organization conducted, which indicated a demand gap for sugar candies. Based on it, the business wants to expand the candy production line with an investment of $10 million USD. Out of which, the comp

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The project “Expansion project for sugar candies and bubble gum” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in Sendafa, Ethiopia. Taiyo aggregates data on it from United Nations Industrial Development Organization (UNIDO).

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Participants

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Description

Description

A national investor established ASNAKE SME CANDY FACTORY in Sendafa town, Oromia region, to manufacture bubble gum and other confectionery goods, in 2006. According to a recent market analysis, the organization conducted, which indicated a demand gap for sugar candies. Based on it, the business wants to expand the candy production line with an investment of $10 million USD. Out of which, the company has already raised 6.5 million USD. The company is looking to partner with a foreign company that will largely provide equity and hold a minority ownership in order to expand worldwide and gain technological support.

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High

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Source

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URL

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