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What is Pulp and Paper Factory Proposal in Ethiopia about?

1. The project proposes establishing a pulp and paper manufacturing factory in Managasha Town. 2. The total investment cost is 60 million Birr, with 39.5 million for fixed costs and 20.46 million for initial working capital. 3. Funding will come from an owner equity of 18 million Birr (30%) and a bank loan of 42 million Birr (70%). 4. Once operational, the project is estimated to generate over 3 million Birr in annual net profit. 5. The project will create 550 jobs, including 250 permanent positions

Author

Tesfaye Degefa

Language

EN