New project on establishment of Potato Chips

ATA Food Manufacturing Enterprise was established in 2020 by domestic investors to produce Potato Chips. The domestic investor conducted a study in order to assess the business feasibility of Potato Chips Manufacturing both the financial and technical feasibility of the project and received satisfying result. The total investment cost of the project including working capital is estimated at 2.5 million US $ of which a major stake of 1.5 million USD will be covered by the local company and the remaining amount is expected from an international investor. The local company has already started construction of the plant buildings; The Company is looking for an international partner who is capable of financing the project taking a minority equity stake for the purchase of new modern machines, and contributing in working capital. The project is located in Addis Ababa and the local investor has secured 6,000 square meters of land and the construction of ware house and production room .

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