Industrial Projects Service - IPS
Sustainable Agri-food Value Chain
Information
Company Description
Industrial Projects Service (IPS) is one of Ethiopia’s pioneering consultancy and project development institutions, established in 1982. With more than four decades of continuous operation, IPS provides industrial consultancy, training, and project development services, with a strong focus on agro-industrial value chains and large-scale processing investments.
Team
The project is developed and managed by a multidisciplinary team of economists, engineers, and financial specialists with extensive practical experience in industrial project development, feasibility studies, and agro-processing investments. The team combines technical, financial, and operational expertise to ensure bankable project structuring, efficient implementation, and long-term sustainability.
Countries of Operation
Ethiopia
Ownership of Company
Local Company (100% Ethiopian ownership)
Number of years since incorporated
43 Years
Stage
Established (mature)
Annual Revenue (in EUR)
EUR 500,000 – 1,000,000
Number of employees
51–100
Project Pitch
The Integrated Maize Processing Project aims to establish a large-scale, integrated maize processing facility in Ethiopia to manufacture a diversified range of high-value maize-based products. These include refined maize flour, gluten-free pasta, pharmaceutical- and industrial-grade starch, liquid glucose, maize grits, and animal feed.
Ethiopia offers a strong investment case due to its position as one of Africa’s leading maize producers, with extensive cultivation zones and opportunities to increase productivity through improved seeds, mechanisation, and modern post-harvest handling. The project will secure sustainable and traceable maize supply through direct farmer linkages, cooperatives, and contract farming arrangements, ensuring supply stability, inclusive rural participation, and price transparency.
The facility is designed to support import substitution by replacing imported starch, glucose, and gluten-free pasta, while also developing export-oriented products that leverage Ethiopia’s low-cost maize base and preferential access to regional and international markets under COMESA and EBA frameworks. Integrated processing enables optimal resource utilisation, converting by-products into animal feed and ensuring near zero-waste operations.
By strengthening agro-industrial value addition, the project contributes to food security, industrial transformation, job creation, and sustainable economic growth in Ethiopia.
Total Project Cost (in EUR)
EUR 29,746,250
Financing needs (in EUR)
EUR 20,822,375
Type of financing needed
Equity; Grant
Planned allocation of fundraising capital
Greenfield (new activity for the company); Public-Private Partnership (PPP)