PhiBela Industrial Complex, a subsidiary of Belayneh Kinde Business Group, has inaugurated an edible oil refinery with a capacity to produce 1.5 million litres of edible oil a day. The factory, which rests on a 30ha lot, was built in Bure city, an area located in West Gojjam, Amhara Regional State, more than 400Km away from Addis Abeba. Built at a cost of 4.5 billion Br, the industrial complex incorporates a sesame oilseed processing plant, a detergent manufacturing factory, and a vegetable butter, margarine and plastic container factory. The sesame oilseed plant has the capacity of producing 200tn of sesame oil a day, while the detergent factory produces 96tn of detergent a day. The complex is expected to employ 3,000 people. Belayneh Kinde Business Group was established in the 1990s and engages in import and export, transport, construction, hotels, transit and agriculture.
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