Fruit Pulp, Purée & juice - Industrial Project service (IPS)

Company Description

Industrial Project Service (IPS) is one of Ethiopia’s pioneering consultancy and training providers, with over four decades of experience supporting industrial development. Established in 1982, the company has built a strong institutional foundation and extensive track record, positioning itself as a key player in advancing agro-industrial investments and sustainable value chains in Ethiopia.

Team

The project is led by a multidisciplinary team of economists, engineers, and financial specialists with extensive practical experience in industrial development, project design, and implementation.

Countries of Operation

Ethiopia

Ownership of Company

Local Company (100% local ownership)

Number of years since incorporated

43 years

Stage

Concept stage

Annual Revenue (in EUR)

EUR 250,000 – 500,000

Number of employees

51–100

Project Pitch

The Fruit pulp, purée, and juice processing project aims to establish a modern processing facility in Ethiopia to produce high-quality natural fruit-based products for both domestic and export markets. Leveraging Ethiopia’s favorable agro-climatic conditions and expanding fruit production, the project will process a diverse range of tropical and subtropical fruits, including mango, pineapple, papaya, guava, passion fruit, and avocado.

Using advanced processing technologies such as pulping, pasteurization, and aseptic packaging, the facility will ensure high product quality, extended shelf life, and compliance with international standards. The project addresses critical post-harvest losses in Ethiopia by adding value to agricultural outputs, reducing waste, and creating diversified revenue streams.

With strong import substitution potential and access to regional and international markets, including COMESA, the Middle East, and Europe, the project is positioned for scalable growth. Through contract farming and outgrower schemes, it promotes inclusive value chains, ensuring stable supply while supporting farmer livelihoods.

Aligned with Ethiopia’s agro-industrialization and export diversification priorities, the project will generate employment, increase foreign exchange earnings, and contribute to sustainable rural development.

Total Project Cost (in EUR)

EUR 6,357,364

Financing needs (in EUR)

EUR 4,450,155

Type of financing needed

Debt, Equity

Planned allocation of fundraising capital

Greenfield (new activity)