PROJECT PROPOSAL ON

THE ESTABLISHMENT OF MIXED USED

BUILDING

THE PROJECT TO BE IMPLEMENTED IN OROMIA

REGIONAL STATE, BISHAN GURACHA TOWN

PROMOTER: Wondesson Jirata Angasa

OCT, 2022
EXECUTIVE SUMMARY
1 Project Owner Wondesson Jirata Angasa
2 Nationality Ethiopian
4 Project location West Arsi zone Bishan Guracha Town.
5
Proposed project Mixed Used Building G+6

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 2000 m2

The total project capital is 40,000,000Birr from which 30% or

8 Total Initial
12,000,000will be covered by the promoter and the rest 70%
Investment Cost or 28,000,000- 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

Technology service level and Urban Beautification and development.
 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 Wondesson Jirata Angasa is
planned to establish Marketing Mall of bishan guracha 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 Wondesson Jirata Angasa is an Ethiopian business
man who has a good business experiences and very ambitious to establish huge
Commercial Complex Center by expecting a good support and facilitation from the regional
government
as well the town administration. In addition the promoter hopes this project to be the first
among many other developmental projects to follow as they look forward to share the
responsibility of fighting poverty, reducing unemployment here in Ethiopia .The promoter
accumulated diversified skills in the area and also adopted working with many people.
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 Bishan Guracha town.