Kinife Tariku

PROJECT PROPOSAL
ON THE ESTABLISHMENT OF G+4

COMMERCIAL COMPLEX CENTER
THE PROJECT TO BE IMPLEMENTED IN SHANO

TOWN
PROMOTER: KINIFE TARIKU
OCTOBER, 2023
FINFINNE,
ETHIOPIA
1
Contents
EXECUTIVE SUMMARY.................................................................................................................................3
1. INTRODUCTION...................................................................................................................................4
1.2. General Background.........................................................................................................................4
1.2. Profile of the Promoter.....................................................................................................................4
2
EXECUTIVE SUMMARY
1 Project Owner Knife Tariku
2 Nationality Ethiopian
4 Project location Shano Town.
5
Proposed project G+4 Commercial Complex Center
The project includes Bar and Restaurant, Cafe, Electronics

6 Project Assembly Hall and shop, Furniture shop, super Markets,
Composition Banking Service, Shops and Offices
7
Premises Required 1000 m2
The total project capital 33 500,000from which 30% or

8 Total Initial 10,020,000will be covered by the promoter and the rest 70% or
Investment Cost 23,000,000- birr will from financial institutions.
The total manpower required for the plant will be 80 employees at
full capacity.
 Permanent workers 40
9  Skilled 20
 Unskilled 20
 Temporary workers 40
Employment  Skilled 10
Opportunity  Unskilled 30
Benefits of the
10 project For The Provide better Bar and Restaurant service, Contribute to
region Country Economic development of the Town as well as of the region.
11 Applicable The promoter will utilize the modern and standardized service
Technology level and Urban Beautification and development.
3
1. INTRODUCTION
1.2. General Background
The present dynamic economic growth of Ethiopia demands the parallel development of tertiary
sectors. These sectors are mainly related to the development of the economy in general and
tourism sector in specific situation and able to provide strong backward and forward linkages for
other sectors of economy. Besides, the growth Commercial sector in Ethiopia has stimulated
increased tourism supply capacity and higher levels of investment in infrastructure, human capital
and technologies to manage and efficiently transact higher levels of Marketing activity .Hence,
investment activities in Commercial Complex include Bar and Restaurant, Banking Service,
raining centers, Cafeteria, Guest house can support and propel the sector, particularly in
developing countries (like Ethiopia) where domestic resources are limited
Moreover , the current investment flow and market in these areas are very promising that
imitates many investors to engaged in. Furthermore, the government of Ethiopia has conducive
investment polices and regulation that further attract the private sectors involvement in economic
development of the nation through the various investment and business activities.
In this regard, the promoter of the Commercial Complex Center kinife Tariku is planned to
establish commercials market of in shano Town. The result of the study is very sound and
promising for the owner to start the project in this town.
The promoter is very dedicated to commence the project. Hence, the company expects to get the
necessary support from the regional and local governments for the project implementation.
1.2. Profile of the Promoter
The owners of this envisaged project knife tariku was set up in Oct. 1992 out of the common
desire of five Ethiopian professionals who were well known in the business community. The
company was formed with the objectives of providing offices, homes, hotels, hospitals,
education institution and the brew industry with imported office machines, domestic appliance
and other products. From inception the founders focused on the continuity of the enterprise by
4
dubbing its
5
company of generations. Today, the company’s net assets exceed birr 20 million and it owns a
12 storey hotel and business center. Based on its diversification strategy, the company has others
projects with in the pipeline.
The promoter’s has the business objective of the leading the sector with quality products,
adequation distribution channels and efficient after sales services. Thus, it is these experiences
which primarily motivated this investor to develop the inception of this project idea.
1.3. Purpose of the Document

The objective of this project study is primarily to facilitate potential entrepreneurships in project
identification for investment. The project study may form the basis of an important investment
decision and in order to serve this objective; the document/study covers various aspects of
project concept development, start-up, production, marketing, and finance and business
management. The document also provides pectoral information and brief on Government
policies and international scenario, which have some bearing on the project itself. This particular
project study is regarding the Commercial Building to be established in Shano Town.
1.4. Project Justification

Ethiopia is one of the ancient African counties with rich cultural diversity, heritage and natural
tourist attraction areas. Besides, it is the seat for head quarter of Africa union and other
international organizations that based in the capital, Addis Ababa
Currently, the overall Ethiopian economy has been witnessing substantive economic growth.
Since 2003/04 growth has been sustained, recording more than 11% average growth. This

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PROJECT PROPOSAL

ON THE ESTABLISHMENT OF G+4

THE PROJECT TO BE IMPLEMENTED IN SHANO

PROMOTER: KINIFE TARIKU

The project includes Bar and Restaurant, Cafe, Electronics

The total project capital 33 500,000from which 30% or

1.2. General Background

1.2. Profile of the Promoter

1.3. Purpose of the Document

1.4. Project Justification

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