The Project is the development of a stone crushing plant of 200t/hr capacity in Addis Ababa. The demand for gravel in Addis Ababa is very high owing to the construction boom of the city. The supply lags far behind the demand. The Developer has a quarry site with 3 million cubic meter deposit and 30 million cubic meter expansion area. The license and all legal documents have been updated and ready. Once an agreement is made production can start within four months.
The Project requires 1.2 million USD. The potential profit/sales ratio of the project is 49.7%; with IRR of 67% at 10% discount rate, providing 4.3 million USD per annum in two shift operation. The investment payback period is 8 months. The Developer proposes and equity stake of 50% to an investor.