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YBZ Edible Oil Manufacturing Industry Share Company

Sector: Chemical (Industrial) • Location: Debre Marqos, Ethiopia

Source: United Nations Industrial Development Organization (UNIDO)

Project

YBZ Edible Oil Manufacturing Industry Share Company has received a land size of 5,000 meter square and built a factory on it for production of edible oil from oil-bearing seeds. The company has conducted the first production trial and good quality products or outputs from the new production line has been noted. The company want to double its current production seeing the existing demand of edible

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Project Information

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The project “YBZ Edible Oil Manufacturing Industry Share Company” is an infrastructure initiative in the Chemical (Industrial) sector, located in Debre Marqos, Ethiopia. Taiyo aggregates data on it from United Nations Industrial Development Organization (UNIDO).

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Description

Description

YBZ Edible Oil Manufacturing Industry Share Company has received a land size of 5,000 meter square and built a factory on it for production of edible oil from oil-bearing seeds. The company has conducted the first production trial and good quality products or outputs from the new production line has been noted. The company want to double its current production seeing the existing demand of edible oil. In addition the company is facing to shortage of foreign currency and are looking for a foreign investor who would be interested to infuse equity through minority stake to cover the additional machinery and working capital. The company has raised around 2 million USD capital through equity shares and loan. borrowed 576,923 dollar from Ethiopian Development Bank to start investment or to build the mentioned factory of edible oil with adding their own contribution to get the total investment cost estimated at 2 million US dollars.

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