FORTUNE+ VIDEO SPONSORED CONTENTS ADVERTORIALS FORTUNE AUDIO Fortune Careers New TRADE AFRICA New

Fortune Logo

Dec 14 , 2019
By TEMESGEN MULUGETA ( FORTUNE STAFF WRITER )

Tulip Addis Water, a local manufacturer that specialises in water treatment technology, invested 60 million Br to set up a tabletop water filter company in Debre Birhan, Amhara Regional State.

Having a capacity of producing 500,000 filter units a year, the plant that is located some 130Km from the capital city will supply 13lt and 20lt filter models to the market. The company plans to sell the smaller filter for 700 Br and the larger version for 1,000 Br.

The construction of the plant was started four months ago and is expected to start trial production in May. The owners imported the machinery from China, Germany and Turkey and are currently working on the fence of the plant. The plant is expected to hire 60 workers.

The product is a two-bucket water filter and water storage facility in one. The top bucket will be filled with water and will be filtered through the tulip candle filter into the lower bucket.


The Tulip Table Top lasts up to 7,000lt and the candle can easily be replaced. Currently, the company is dealing with agents that will distribute the product in regional states, according to Getaw Mekonnen, founder and manager of the plant, who also says that the

forex crunch and the shortage of electric power supply were the main challenges during construction.


Hailemariam Kebede (PhD), a lecturer at Addis Abeba University's School of Commerce and a marketing expert, appreciates the investment of the company in terms of saving forex by substituting locally-produced items.

Hailemariam also says that the company will not face a problem selling its products, as there is a high demand for water.


In Ethiopia, 62 million people lack access to safe water, according to Water Org, an American nonprofit development organisation.

“But they have to consider the price factor and sell the products at a lesser price than the imported products,”

Hailemariam added. The water bottling business is also growing in the country with close to 90 water bottling companies that produce more than 3.5 billion litres of water a year.

The company secured 3,000Sqm of land in May 2019 from the Debre Birhan City Administration, which is recently attracting more investments.


The town has 467 active investments with a registered capital of 29 billion Br.

Out of the total investments, 250 of them are involved in manufacturing,while 137 are in the service sector and the rest are in agriculture.

"In the past four years, investment flow to the area has significantly increased," said Birhan Gebrehiwot, Debre Birhan's Industry & Investment Bureau head.

Last year the Bureau issued 250 investment licenses, of which 70pc of them are in the manufacturing sector. Out of the total investment, 29 of them have already started operations and created job opportunities for 12,000 people.


PUBLISHED ON Dec 14,2019 [ VOL 20 , NO 1024]

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.



Related Posts

[ssba-buttons]

Put your comments here

N.B: A submit button will appear once you fill out all the required fields.

Editors' Pick

Exclusive Interviews

State Enterprises from Oracles to Apprentices

Dec 22 , 2024 . By TIZITA SHEWAFERAW

Charged with transforming colossal state-owned enterprises into modern and competitiv...

Agenda

Rising Costs, Inflation Threaten Insurance Industry

Aug 18 , 2024 . By AKSAH ITALO

Although predictable Yonas Zerihun's job in the ride-hailing service is not immune to...

Agenda

BREWING DISCONTENT

Jul 28 , 2024 . By TIZITA SHEWAFERAW

Unhabitual, perhaps too many, Samuel Gebreyohannes, 38, used to occasionally enjoy a couple of beers at breakfast. However, he recently swit...

Fortune News

Electric Vehicle Push Leaves Investors in the Lurch

Jul 13 , 2024 . By AKSAH ITALO

Investors who rely on tractors, trucks, and field vehicles for commuting, transporting commodities, and f...

Commentaries

Aid Retreat Signals a Broader Collapse of Global Compassion

In 2015, the United Kingdom's (UK) then-prime minister, David Cameron, stood before t...

Can the Conference on Financing for Development Succeed?

It is easy to be pessimistic about multilateralism nowadays. Recent international gat...

Fineline

Leaders of the National . . .

Leaders of the National Election Board are in a charm offensive mood, of a sort. Last week, they organised a rare tour for members of the me...

When the country’s most. . .

When the country's most senior diplomats and envoys return back to their posts after two-week debriefings, they leave behind a point or two...

Editorial

Desire to March to the Sea Should Spill Reason on the Way

Jun 14 , 2025

Yet again, the Horn of Africa is bracing for trouble. A region already frayed by wars...

Where the Roof Overhead Comes with a Ceiling on Hope

Jun 7 , 2025

Few promises shine brighter in Addis Abeba than the pledge of a roof for every family...

Courting Foreign Buyers of Properties While Land Remains State-Owned

May 31 , 2025

It is seldom flattering to be bracketed with North Korea and Myanmar. Ironically, Eth...

A Country on Life Support Must Not Neglect Its Healers

May 24 , 2025

Public hospitals have fallen eerily quiet lately. Corridors once crowded with patient...

Gallery

Parliament Approves New Cabinet Members

Oct 6 , 2021

Parliament Approves New Cabinet, Incorporates Opposition Leaders Lawmakers have approved today the nominations of 22 ministers, including three opposition leaders. Two MPs have voted against, while 12 abstained...

2020 in Posterity

Jan 5 , 2021

TIGRAY VOTES DESPITE "NULL & VOID" THREAT

Sep 9 , 2020

IN-PICTURE: LAUREATE'S RECEPTION  

Dec 14 , 2019

PM Abiy Ahmed (PhD) at a Gala Dinner Called for the Awarding of the Félix Houphouët-Boigny Peace Prize

May 6 , 2019

Faces, Voices of Addis Abeba

Apr 26 , 2019

Sunday With Eden

Before Help Can Be Summoned

Over the weekend, a parent shared the story of a friend's teenage son who died after unknowingly taking pills laced with fentanyl. “He was...

Tainted Trust Behind White Lies

Milk has long symbolized nourishment, growth especially for young children. In many families, including mine, it is more than a dietary stap...

Life Matters

The Curious Case of Barking Dogs

On multiple occasions, I have found myself watching the garbage collectors on their morning route, a subtle unease settling in. There is a s...

A Dangerous Beam in a Childs Hand

It was during an ordinary errand, shopping for socks, that an unexpected discovery occurred. A gleaming green beam drew my attention to a cu...