ESIG

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About

Mission

Building modern technology and capable human resource so as to develop the nation’s potential of the
sector and hence produce sugar, sugar bi-products and co-products and satisfy the domestic market
beyond taking foreign market share and thereby support the nation’s economy.

Vision

Satisfy the local sugar demand by 2028 with domestic sugar production.

Values

Rich Work culture;

Excellent Productivity;

Quality;

Customer Satisfaction;

Profitability;

Social Responsibility;

Environmental Protection.

Objectives

Identifying the root cause of less productivity in sugarcane, sugar, sugar by-products as well as high cost
of production, enable existing sugar factories and also new sugar projects reach their high productivity
and full production capacity level.
Establishment of Ethiopian Sugar Industry Group

Dissolving Sugar Corporation the FDRE Council of Ministers Regulation Number 500/2022 has
established Ethiopian Sugar Industry Group in March, 2022. According to the regulation the group shall
own and directly administer Omo- Kuraz Sugar Factory two and three as well as Omo- Kuraz Sugar
Development one and five; Arjo Didesa Sugar Factory, Welkayiet Sugar Development Project while the
Group is the full shareholder of Wonji/Shoa, Metehara, Fincha, Kesem and Tana Beles sugar factories
which are converted into share companies of the Group.

Hence, the Group has the following functions and responsibilities:-

Follow up and monitor the execution of new as well as existing feasible public sugar projects and
commission such projects as independently – operating sugar mill;

Create a modern and efficient distribution system for locally manufactured and imported sugar, sugar
by-products and co-products and ensure effective distribution of such products in the domestic market
as well as export such products where appropriate;

Approve the operating budget, the investment plan and budget of state owned sugar mills as well as
monitor, follow-up and evaluate their periodic performance;

Support trade and investment activities of state owned sugar factories and collaborate with same in the
building of sugar byproduct and co-product processing plants;

Submit proposal to the Minister of Finance on amount of annual income from sugar sale that state
owned sugar mills are allowed to retain for the purpose of determining their contribution to the sugar
fund in accordance with Article 4 of the Sugar Industry Development Fund and implement same upon
approval;

Facilitate capacity building activities in favor of state owned sugar factories, by strengthening university
industry linkages for training and research as well as provide same with business advice and other
technical support;

Manufacture factory components and spare parts independently or in partnership with local or foreign
companies and carryout from inside or outside Ethiopia, bulk procurements of large machinery, spare
parts and various inputs that are of common requirement to sugar factories under a framework contract
and supply same to state owned sugar mills;
Raise finance capital by selling bonds or negotiating and entering into a loan agreement with local or
foreign financial institutions in accordance with the policy direction and directives issued by the Ministry
of Finance;

Carry out such other activities as are necessary to accomplish the purpose for which it is established.

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