Investment opportunities

Frozen Vegetable Processing

Project Description Establishment of a plant for the production of frozen vegetable.
Value Proposition
  • The present demand for the proposed product is estimated at53.63 tonnes per annum. The demand is expected to reach at120.80 tonnes by the year 2020;
  • The total investment requirement is estimated at Birr 6.85million, out of which Birr 1.35 million is required for plant andmachinery. The plant will create employment opportunities for22 persons;
  • The project is financially viable with an internal rate of return(IRR) of 28.40 % and a net present value (NPV) of Birr 21.37million discounted at 8.5%;
  • The total area for the envisaged plant is 1,500 sq. m. The builtup area is estimated at 450 sq. m.Out of the total built up area, 250 sq. m will be used for production facility, 150 sq. m for store and 50 sq. m for office building. At building rate of Birr 2,300 Birr/ sq. m of building the cost of building and civil works will be Birr 1,035,000.

Ethiopian Investment Agency