JASMIN PLC Final Project Proposal

Project Proposal For Mixed-Use Business Mall and Apartment Building
2023
Project Proposal For Mixed-Use Business

Mall and Apartment Building
Project Owner:- JASMIN REAL ESTATE PLC
Address: - Addis Ababa
Sub-city:- Bole
Woreda:- ----
House Number:----
Phone:-
Dec,2023
Addis Ababa
JASMIN REAL ESTATE PLC Page 0

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Contents
Executive Summary...............................................................................................................................1
1. Introduction.................................................................................2
2 Project background......................................................................3
2.1 Owners Background.................................................................3
2.2 Vision and Mission Statement..................................................6
Vision.............................................................................................................................................6
Mission..........................................................................................................................................6
2.3 Project Objectives....................................................................7
2.4 Project Description...................................................................7
2.5 Project Rationale......................................................................8
2.6 Significance of the Project........................................................8
2.7 Project Location.......................................................................9
3 Market Study.............................................................................11
3.1 Market Analysis......................................................................11
3.2 Demand-Supply Gap..............................................................12
3.3 Future Market Demand.........................................................12
3.4 Target Customers...................................................................13
3.5 Marketing Promotion and Strategy........................................14
3.6 Competition...........................................................................14
4 Technical Studies.......................................................................15
4.1 Project Facilities and Services Plan.........................................15
4.2 Description of the Project Service..........................................16
4.3 Land Use Plan.........................................................................16
4.4 Construction work and Technology.......................................16
Architectural Design & Layout.....................................................................................................17
Structural Design.........................................................................................................................17
Reinforced Concrete....................................................................................................................18
Foundation Design.......................................................................................................................18
Construction Plan and Process....................................................................................................18
4.5 Building and Civil Works.........................................................19
Land Lease...................................................................................................................................20
4.6 Environmental Impact Assessment........................................20
4.7 Project Implementation.........................................................20

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5 Organnizations and Management..............................................21
5.1 Organizational Structure........................................................21
5.2 Manpower Requirement.......................................................21
6 Financial Study...........................................................................23
6.1 Underline Assumption 23
6.2 Investment Cost and Financial Requirement.............................................................................23
6.2.1 Fixed Investment................................................................................................................23
6.2.2 Working Capital..................................................................................................................24
6.2.3 Operating Cost....................................................................................................................25
6.2.4 Pre-Service Expenses..........................................................................................................25
6.2.4 Summary of Total initial investment cost...........................................................................26
6.3 Financial analysis 26
6.3.2 Profitablity..........................................................................................................................26
6.1 Payback Period.......................................................................26
6.2 Internal Rate of Return..........................................................26
6.3 Net Present Value..................................................................27
7 Conclusions and Recommendations..........................................27
7.1 Conclusion..............................................................................27
7.2 Recommendations.................................................................28
Annex 1. Sales Revenue.......................................................................................................................29
Annex 2 :- Operating Expense..............................................................................................................30
Annex 3:- Income Statement...............................................................................................................31
Annex 4:- Cash Flow Statement...........................................................................................................32
Annex 5:- Balance Sheet Statement....................................................................................................33
Annex 6:- Repayment Schedule...........................................................................................................34
Executive Summary
KEY INFORMATION HIGHLIGHTS

2023
Project Promoter JASMIN REAL ESTATE PLC
Proposed Project Type Mixed-Use Business Mall and Apartment

Extention Building
Requested Expansion Area Requested 400 M2
Project Area Addis Ababa, Bole Sub-City Woreda 01
Buliding Floor Number Existing Building-----2B+G+9+Terrace
Proposed Buliding-----2 B+G+15
Building Service and Facilities
Business Mall, Residential Apartment,
Offices, Restaurant, Cafeteria, Meeting hall,
and other outdoor services
Market Residents and Bussiness Community
Investment Cost 243.32 Million Birr
Project Life 10 Years
305+
NPV (Net Present Value) 244.31 Million Birr
IRR (Internal Rate of Return) 30%
PBP ( Pay Back Period) <4 year

The Project is Technically Feasible, Financially and Commercially Viable as well as
Socially and Economically Acceptable. Hence, the Expansion Project is Worth
Implementing.

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1. Introduction
The current fast and dynamic economic growth of Ethiopia especially in Addis Ababa
necessitates equivalent growth of building and construction sector. The sector should expand
rapidly to support the overall economic development sustainable.
In the building sector of the economy, the multipurpose in the one becoming rapidly
expanding in Addis Ababa since dynamic economic development of urban economy requires
the construction of these buildings in the city to support the growing of business service
sectors like supermarkets, Beauty salon, shops, offices cinemas, Computer Center, Cafeterias,
restaurant, assembly hall, apartments and other activities. In this regard, mixed used building
expands in the all parts of the city.
Investment and property development play an important role in any emerging markets or
economies. Property generally comprises residential houses and commercial real estate
property (mainly mixed us building) developed for rental business and sale. The property
investment market in Ethiopia remained under developed for several years. As a
consequence, the supply of residential houses and non-residential real estate that can be used
for residence, office space, shopping malls and catering services in the urban centers of the
country is disproportionately low to cope with the growing demand in the country spinning
from the average growth in GDP of 5.5% over the last ten years and population increase. The
relatively good performance of the macro-economy (real growth in GDP, low inflation rate
and growth in investment and export sector) has stimulated unprecedented investment growth
in the property sector over the last five years. The growth of investment in the property
market over the last five years in consistent with the global experience suggesting that
investment in the residential and commercial property is greatly influenced by the
performance of the macroeconomic conditions. In general, a stable macroeconomic condition
leads to economic and business growth and develops investors’ confidence. This certainly
spurs large demand in the property market for office space, shopping malls, catering services,
apartment and residential houses. Following growing demand trends, and with the
expectation of high return on their investment capital, large number of land developers
pooled their financial resources and invested in the property market.
To this effect, JASMIN REAL ESTATE PLC envisioned to construct Mixed-Use Mall
Business Mall and Apartment Building next to the existing Mixed use building in

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Bole Sub-city behind Sheger building. The project promoter has already constructed
2B+G+9+Terrac building mall for comercial and residential purpose. The promoter also
planed to build 2B+G+15 for commercial and reseidential purpose. The propose building will
be located next to the existing building with in Bole Sub-city behind Sheger building.
Mainly the building will be used for modern apartment, offices, shops, restaurant, cafeteria
and Meeting hall, and other outdoor services. The project is technically feasible, financially
and commercially viable as well as socially and economically acceptable. Hence, the
expansion project is worth implementing. The promoter is very ambitious and committed to
realize the project. Hence, the promoter expects to get the necessary support from the city
administration to make the project to be operational.
2 Project background
2.1 Owners Background

JASMIN REAL ESTATE P.L.C is a privately owned company established with birr
24,000,000.00 (Twenty four million) Birr capital by three shareholders on April 18, 2019.
The company business plan is to build high standard residential apartments, commercial
malls and standard office buildings in the capital Addis Ababa and other cities in the country.
Currently the company is building its first modern and international standard residential
2B+G+9 building in Addis Ababa Bole sub city behind Sheger building. By now the
company’s capital is birr101,540,000.00 (one hundred one million five hundred forty
thousand). The main purpose of the company are:
To contribute its share on filling the increasing demand for residential and
commercial buildings in the market.
To build and rent or sale modern and international standard, well-furnished residential
apartments in the capital Addis Ababa and other cities of the country.
To build modern commercial buildings, malls and stores for lease or sale.
To build commercial buildings in the name of Jasmin for lease on a lease hold land
received from the government.

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To import and sale materials and equipment’s used for construction.
To be an agent for local and foreign sole producers and distributers.
Sister Company
History Yami Construction and Machinery Rental P.L.C
Yami construction and machinery rental P.L.C is a share company established with
eight million Birr capital by four shareholders that started operation in 2012. Initially the
company started its business by renting construction machineries. Yami started its machinery
rental business with one Shantu SD 32 dozer. The expansion of construction business in the
country and the extreme need of contractor’s leas machineries led us to increase the number
of machineries and dump trucks so as to take our share from the boomed rental business.
Through time, our machinery capacity encouraged us to work as grade 3 Construction
Company. Working on our own construction contractual jobs especially on earth work and
excavation was a new experience which doesn’t contradict with the rental business. The two
operation were complementary to each other and working on both was successful operation.
The problems observed in the construction business and support of the government to give
tax free chance while importing construction machineries led us to the import business.
Especially import of dump trucks and construction machineries. The nature of import
business, its serious attachment with hard currency, forced us to work on export business and
generate hard currency for the import business.
As a contractor, the opportunity Yami got to construct Jasmin real estate apartment building

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of 2B+G+9 project was a new experience in the history of Yami construction. This new
experience led Yami to commence importing construction, electrical and sanitary materials
to be input for building construction. Major accomplishments of Yami
I. Yami as a rental company
 Addis Ababa Roads Construction Authority for more than three years three:- dozers,
 three dump trucks and one roller. We are still working with them
 Amhara Roads Construction Authority for:- Dozers, Excavator and dump trucks.
 Southern nations and nationalities roads authority:- excavator rental.
 Yonatan Abey construction company:- dozer and grader.
 Beijing urban construction
YAMI CONSTRUCTION & MACHINERY RENTALS P.L.C
II. YAMI Construction and Machinery Rental P.L.C as a construction company.
 Excavation work near Meskel Square for Addis Ababa Children’s and Youth Theater
 Building. The contract amount was around Six and Half Million Birr.
 An Earth Dike Construction for Tendaho Sugar Factory in Afar Region. The contract
 amount was twenty two million Birr.
 Adera Hospital Building Foundation Excavation work near Meskel Square. The
 contract amount was two and Half Million Birr.
 The construction of 2B+G+9 building of Jasmin Real Estate P.L.C in Addis Ababa at

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 Bole sub city behind Sheger building.
III. Yami construction as importer.
 Importing Sino Dump trucks for different contractors and construction companies
who
 have duty free facility or right using customs bonded warehouse.
 P 8 plastic chemicals for plastic materials producers.
 Jack hammer to be fixed on excavators.
 Excavator
 Sino cargo trucks.
 Sino water trucks.
 Ceramics.
 Importing medicine
IV. Yami as exporter.
 Check pea export to Uniterd Arab Emeriates
 Coffee to Egypt and Beljium.
 Sesame to Israel.
 Green mung to China
2.2 Vision and Mission Statement

Vision
To provide the best quality modern business mall and Residential Apartment building
service in the city.

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Mission
 provide modern apartment, hotel,offices, shoping mall, restaurant, cafeteria and
meeting hall, and other outdoor services to create high quality class to satisfy the
interest of customers in the city
 provide multi functional trade and commercial center, modern apartment, offices,
shoping mall, restaurant, cafeteria and meeting hall, and other outdoor services to
create high quality class to satisfy the interest of customers in the city
 Ensuring attentive, effective and proactive customer service and personalized
attention to customers
 Sustaining our reputation as a reliable, customer-oriented, dynamic player in the

market
 Ensuring attentive, effective and proactive customer service and personalized

attention to customers
 Sustaining our reputation as a reliable, customer-oriented, dynamic player in the

market
2.3 Project Objectives

The major goal of this project is to contribute towards the growth of huge business mall and
residential apartment demand in Addis Ababa. Its specific objectives include the following.
 To construct and develop modern business mall and ResidentialApartmete with shops,
hotel, offices, and restaurant & cafeteria facilities that enable to provide standard services
to customers.
 To undertake trading and other refuted business activities that enable to generate a
reasonable to the invested capital.
 To develop modern business center that would provide full services on city standard.
 To provide residential apartment in affordable price, which will in turn plays significant
role towards solving shortage of housing problem in the city
 To create employment opportunities.
 Contribute towards the beautification of the city through the construction of modern
building infrastructure and facilities.
 To establish economically viable, socially acceptable and environmentally friend mixed
use Apartment.

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2.4 Project Description

The long-term goal of the project is become the best choice residential area in the city. The
proposed multifunctional mall building complex project will have a total area of 400m2,
designed to reader a business mall and Residential purpose giving business, which will in
turn plays significant role towards solving shortage of housing and business center in Addis
Ababa.
The historical nature of the city as business unique location in one of the most attractive
center in Ethiopian (100% urban center). By exploiting the existing gap, the owners planed to
provide multi functional trade and commercial center, modern apartment, offices, shoping
mall, restaurant, cafeteria and meeting hall, and other outdoor services to create high quality
class to satisfy the interest of customers in the city. Principally, the promoter aimed to
provide residential apartment houses with affordable price for the citizens. Based on
environmental and other considerations, the entrepreneur has determined the type and size of
the building which is already determined by the site; conceptual planning and preliminary
analysis have been carried out by analysts.
In order to attract its clients to the service, the project will develop high standard shop &
banking rooms and office of best choices and will also save best quality apartments,
restaurant and café.
2.5 Project Rationale

The existing promising investment opportunities, the demands of service needs along with
relatively sound investment support made by the government in such kinds of feasible
projects, compelled the project promoter to initiate the multipurpose oriented mall extention
project to be established. Despite the promising business opportunities of the city, the trend
of Business and Residencial Building investment found to not enough. The mismatch
between the demand for and supply of such kind of services in easily observed in the city.
Therefore, the existing shortage or absence in the supply of these services, along with its
commercial and administrative access, better location and infrastructure access, escalating
trend of urbanization and business activities, thus it is with such reason that this project is
identified and proposed and assumed to be more profitable. In general, the country’s
privatized and free market economy; good governance creates a favorable environment for
the development of investment for private investors.
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2.6 Significance of the Project

The envisaged project deemed to add to the economic development of the city in general in
specific with following ways:
Source of Revenue
As public policy of any nation, the government collects different forms of taxes from
different business organizations and individuals. Among the different forms of taxes,
business income taxes, payroll income tax and VAT are collected from undertaking business
activities. Therefore, the building will serve as sources of revenue for the city.
Employment Opportunity
One of the problems that our country faced is unemployment. Therefore, the current objective
of the government is working on tackling the problem of unemployment and fostering the
development process either through creating self-employment or employment in other
organization. Hence, this project will hire more than 305 employees during construction and
service period.
2.7 Project Location

The location is recommended to be within the center of the city, Bole Sub-city , adjusent to
behind Sheger building. This will make it favorable to commercial and residencial purpose,
meetings and conferences. The location area required for the expansion project is found next
to the existing building.
The promoter has already constructed 2B+G+9 multipurpose buildig over the total area of
497 for commercial and residential service. The proposed expansion building will be located
next to the existing building with in Bole Sub-city. The Promoter is also planed to build
additional 2B+G+15 as mall extention building for commercial and residencial service over
the area of 400 m2 . The location is recommended to be within the center of the city. This will
make it favorable to commercial and residencial purpose, meetings and conferences.
Promoter is planed to build 2B+G+15 Mixed-Use business mall and Residential Apartment
Building over the area of 400 m2 .

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3 Market Study
3.1 Market Analysis

There are a number of factors which affects the demand of residential apartments, shopping
mall, mixed use business building and modern Hotel. Of these factors, the most important to
have influence is population growth and the level of income. In addition, increase in
investments ignite the demand for apartments and hotels as most investments require foreign
experts and technicians to provide such services as erection, supervision and other
professional services.
The number of expatriates that come to the country to work in domestic, foreign and publicly
owned projects is considerable. Per the Ethiopian Investment Agency, the number of
investment licenses processed since 1993 are more than 13,000 with a total value of about
Birr 150 billion. This indicates the likelihood of high number of expatriates coming to
Ethiopia on short or long term basis. This seems to partly explain for the current acute
shortage of appropriate hotel and apartment accommodations in Addis Ababa.
Residential House
The demand for new housing far exceeds the pace of supply, with annual projected demand
of 381,000, in addition to replacement housing (World Bank, 2019). The country displays
one of the highest levels of urban population living in informal settlements in sub-Saharan
Africa (World Bank, 2015). Demand for formal housing is strong, as evidenced by the high
subscription rates for IHDP and other government housing, and the vibrant rental and
secondary markets within IHDP (Integrated Housing Development Program) blocks. Many
IHDP beneficiaries rent out their units. Results from the World Bank Housing Survey
indicate that there is a significantly higher proportion of private tenant households (53%)
versus owners (41.6%) in IHDP compared to any other type of housing. The high demand for
formal housing is also demonstrated by the premium households are willing to pay for an
IHDP unit on the secondary market. Households will pay over five times as much as the
original lottery winner when buying an IHDP unit.
Above all the increase in the number of population increases for the provision of different
services. Nowadays, most of the private business organizations need their own small-medium
offices in order to give their services and provide their products, and they prefer the place that
found in the center or close to the road.

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As clearly indicated in the introductory part of this proposal, Addis Ababa is the dynamically
growing urban center of Ethiopia. Though the market demand gap for mixed use building is
not clearly understand there is wider gap for such demand as many merchants, organizations
are flouring to the city every day. From prior business experiences, the demand of mixed use
building is very high and hence the demand and the supply gap is very wide.
3.2 Demand-Supply Gap

There has been a significant growth in the number of local and international trades across the
country. This increase is mainly associated with the stimulation of economic activist and
partly due to an increase in the flow of international and local traders in to the Addis Ababa.
Since Addis Ababa is an important commercial center in addition there is a significant
increase in business activates and hence increasing the number of traders. Even though there
is a lack of quantitative estimates that depict the actual demand and also the annual growth
rate commercial facilities are scarce in the city. As a result there is a large gap between the
developed and that of the supply for modern Bank and cafeteria accommodation hence this
project would not face any problem of demand scarcity for it business center and it would
provide good service to customers.
3.3 Future Market Demand

Commercial and Office Space
The demand for commercial and office space is a derived demand because firms rent space as
an input to the production of services or goods they provide to businesses and households in
the local or national economy.
Following our survey of commercial and office space users in several areas are mainly firms
providing banking, offices, cafeteria and restaurants, supermarkets, computer center service.
Future demand forcomercial and office space is actually driven from growth in number of
offices in the city which in turn is influenced by the macro-economic growth in the country.
Assuming that demand for commercial space is directly related to the growth in the
economy, the forecast for office space demand is shown in the following table;
Table 1:-Commercial Building Demand Forecast
demand under base case economic demand under high case economic
Years Growth Growth
2010/2011 9,916,543 11,304,859

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2011/2012 11,007,363 12,057,416
2012/2013 12,218,173 12,953,878
2013/2014 13,562,173 13,963,577
2014/2015 15,054,011 14,554,534
2015/2016 16,709,952 14,987,431
2016/2017 18,380,947 16,486,174
2017/2018 20,219,042 18,134,792
2018/2019 22,240,946 19,948,271
2019/2020 24,465,041 21,943,098
2020/2021 26,911,545 24,137,407
2021/2022 29,602,699 26,551,148
2022/2023 32,562,969 29,206,263
2023/2024 35,819,266 32,126,889
2024/2025 39,401,193 35,339,578
Source: estimation based on GTP’s forecasted Ethiopian Economic Growth
Incoming Tourist
As indicated earlier, the trend of inflow of tourists has shown continuous increase during the
period considered. Based on the average growth rate 16% observed in the past, future inflow
of tourists in the coming ten years is estimated as shown in Table 2 below.
Table 2:- No of Incoming tourist projection
3.4 Target Customers

The target customers of this envisaged project include:-
 Tourists-These groups are peoples from every corner of the world.

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 Professionals-These customers are professionals with in the country and others who
flew all the way to Ethiopia for their professional service.
 Residents. As the population of the town has been rise significantly while the
available housing projects are not sufficient. Thus, the medium class residents will
benefit from the apartment.
 Business Community and Organizations (governmental and Non-governmental):
3.5 Marketing Promotion and Strategy

In order to penetrate and gain considerable market share, one of the major marketing
strategies for the project is consistently rendering quality service to its tenants. Due emphasis
must be placed on improving quality of service and facilities. The major marketing strategies
to promote the project and gain considerable market share include:
 Advertising through different means focusing on the existing service and facilities
 Promote in association to the key location and nearby business
 Working on sustained promotional work.
 Working on public relations to reach and influence key personas and organization
with a capacity of making decision.
 Keeping the quality of its service/ facilities and consistently improving with changing
situations.
 Seasonal discount pricing different others customer centric marketing strategies will
be used by the company.
3.6 Competition
There are different forms of competition that may face the envisaged mixed use building.
These are price and non price based competition. Moreover, there are different competitors
that will compete with the project either directly or indirectly. But the mixed use building
under discussion has diversified marketing strategies that could enable it Cope up with the
different competitors in the market. Moreover it will frequently conduct competitors research
which focuses on, the strength and the weaknesses, the different competitors’ strategies, the
techniques they use in rendering the service, their customer handling methods, and others.
Generally the project has many other projects all over Addis Ababa villages which compete
with it.

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4 Technical Studies
4.1 Project Facilities and Services Plan
In order to provide mixed use business center building services of a high standard, it has
been planned to construct and develop the infrastructure and facilities that would viable to
meet the requirements of an international standard business center. Accordingly, various
buildings and facilities will be constructed phase by phase starting with the most needed ones
that are essential to commence the operation of its business activities. With the completion of
construction, the building will provide a combined service such as trade, hotel and
commercial center, shoping mall, banks, offices, residential housing, restaurant and café
service as well as modern business center that primarily serve its guests and major clients.
Table 3 : Building Facilities and Services
No Building Description Unit price calulation Total price
1 Basement Parking Service 5/per hour 5*8*20*275 220,000
2 Ground Floor Bank, Restaurant 2,550 2,550*375*12 11,475,000

and cafe
3 1st floor -5th floor Trade Center, 2,350 2,350*375*5*12 52,875,000

Shops, offices and
hotel
4 6th-15th floor Residential 2,250 2,250*375*10*1 101,250,000

apartments 2
Total 165,820,000
Since the project will be engaged in Mixed-use business mall and Residential Apartment
Building the main sources of its annual revenue would be from the rental of building spaces

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such as residential rooms, shoping mall, offices, apartment, banking, café and restaurant.
Based on the market price of similar mixed use building in the area, the envisioned buildings
set the following fair price (Before VAT) for its service, hence when the building
construction fully get operational it is assumed to generate a first year income of 165,820,000
birr.
4.2 Description of the Project Service

The building is providing commercial, hotel and residencial services to the diverse customers.
The envisioned Mixed-Use businesses mall and Apartment Building will have 2 basement,
ground and 15 floors. The facilities of the building explained as follows;
 Basement for vehicle parking
 The ground floor for Bank, Restaurant and cafe
 1st floor -5 th floor trade center,shops and offices
 6th-15th floors designed for Apartments.
4.3 Land Use Plan

The land required for the envisioned Mixed-Use business mall and Apartment Building
project is estimated to be 400 m 2. The total area for the construction of the building will be
375 m2 the remaining 25 m2 for outdoor services, as revealed below.
Table 4: Land Utilization Plan Area
Land M2
No Description
Basement Ground 1st-5th floor 6th-20th floor
1 Building (2B+G+15)
1.1 Basement 750
1.2 Ground 375
1.3 1st floor-5 th floor 1,875
1.4 11th-15th floor 3,750
Total 6,725
4.4 Construction work and Technology

The construction project is proposed to be started on October 2024, and is expected to be
finished on September 2026. As seen in the abbreviated construction schedule above, a
majority of the schedule’s time is made up of five major activities; concrete, building
Enclosure, masonry, mechanical and Electrical install. Concrete activities include processes

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such as placing foundations and slab on deck. The Building Enclosure Phase includes
erecting the scaffolding that will allow for exterior sheathing installation and bricklaying.
Mechanical and Electrical install coincide with each other due to the need for coordination
between the two divisions. There are several periods of construction during the schedule in
which there are multiple construction activities occurring at the same time.
The construction site must be organized accordingly as these processes take place. As with
any construction project, the goal of the schedule will to complete all construction activities
before the required Date of completion. This date of completion is practical based on the time
of year in which the building will be completed. The team allowed a two week contingency
for any setbacks. Typically, winter construction tends to cause unforeseen delays that
negatively impact a construction project. These conditions can and will almost undoubtedly
impact the project schedule by causing unforeseen delays and project inefficiency.
Architectural Design & Layout
Although functional spaces for the project were laid out in significant detail, the rest of the
building had designated spaces but set layouts. It was at the discretion of the project promoter
to devise typical layouts for the non-detailed commercial and office spaces. To make sure
that the building’s layouts were practical, the project owner researched typical architectural
layouts for laboratory and executive office spaces. The walls and partitions throughout the
floor will congruent with the structural frame and column locations.
Structural Design
One of principle deliverables of the project is the structural design of the building. The
structural bays were coordinated with the layout of the building adjustments will be made to
the bays if specific layouts are necessary. The frame will be made up of a grid with repeating
standard structural bays. Included in the structural system are bay sizes, shape and size of
structural members, floor compositions and curtain walls. These elements were established to
resist gravity ad lateral loads as appropriate.
The gravity load design will completed for two frames; one of structural steel and one of
reinforced concrete. The structural steel frame will chosen for further design based on cost
per square foot, local availability of material and constructability considerations, such as

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erection and fabrication. The steel system will then designed for lateral loading with
necessary adjustment being made to framing.
Reinforced Concrete
The project group prepared hand structural design calculations for a typical bay of a
reinforced concrete frame. In all reinforced concrete bay designs, a superimposed dead load
of 8 pounds per square foot will be assumed for mechanical equipment, floor coverings and
ceilings.
Similarly, the design of the typical bay accounted for the use of different commercial space,
in which a live load of 1000 pounds per square was assumed. Loads will be calculated based
on the requirements of the minimum Design loads for Buildings and other Structures.
Foundation Design
The design of a superstructure may be accurate, have considered all possibilities and still fail
because the substructure is incapable of distributing the applied loads to the supporting soil.
Foundation design takes more into consideration than merely the loading from the columns.
While the main part of the project focused on the structural frame and its alternate designs, a
preliminary foundation plan was designed based upon maximum load carried from the
superstructure through the columns. The foundation design conducted by the project team
consisted of the selection of foundation type, determination of the bearing capacity and the
design for typical interior and exterior spread footings.
Construction Plan and Process
The construction process for this project is normally a disjointed three mages development by
which the conceptualized need of the promoter of this project is translated into a functional
facility that will meet their needs in terms of time, cost and quality.
Based on a general program of the project owners the consultant who is going to be hired
makes site studies, develops structural designs, prepares drawings and specifications,
determines quantities involved and estimated the resultants costs. All these activities will be
done in the first phase of the project which is the design stage after the document are
produced by the designers have been received, and the works secured the project is supposed

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to enter the tendering stage. At this stage contractors study the project document analyze and
subsequently determine the construction methods, built up their unit rates and submit their
bids for the works. The promoter of this project intends to compare the bids and award the
contract for the lowest responsible bidder. This, is of course, presupposes that the favorable
proposal does not exceed the allocated budget.
After the award is made and the contract signed between this project owners and the
contractor, the project constructor is expected to prepare and submits a detailed construction
program which includes material schedule, manpower requirement and cash flow forecast.
After the award is made and the contract signed between this project owner and the
contractor, the project constructor is expected to prepare and submits a detailed construction
program which includes material schedule, manpower requirement and cash flow forecast.
4.5 Building and Civil Works

The building floor area has covered 375 m 2 and the remaining 25 m2 is left for outdoor services.The
type of buildings and its corresponding civil construction cost is given on Table 5.
Table 5: List of Building and Civil Works and Their Costs
No Description Total price

1 SUB-STRACTURE
1.1 excavation and earth works 1,974,375
1.2 concrete work 13,213,12
5
A Sub total 15,187,500
2 SUPER STRACTURE
2.1 Concrete work 55,282,50
0
2.2 Block work 4,606,875
2.3 Roofing 1,535,625
2.4 Carpentry and joinery 3,071,250
2.5 Metal works 6,142,500
2.6 Finishing 21,498,75
0
2.7 Painting 1,535,625
2.8 Electrical installation 52,211,25
0
2.9 Sanitary installation 7,678,125
B Subtotal 153,562,500
Grand total 168,750,000

2023
As shown on Table 5, the total cost of building and civil work will be Birr
168,750,000.
Land Lease
For the envisage Multi Functional Mall Complex Building project land required is about 400
square meters. The current average Land lease cost is Birr 40,000 per m2 and for 99 years
land holding is estimated to be Birr 16,000,000 of which 20% or birr 3,200,000 will be piad
in advance. The remaining birr 12,800,000 will be piad in equal instalments with in 40 years
i.e birr 320,000 annually.
4.6 Environmental Impact Assessment

The project will seriously involve itself protecting conserving and developing the natural and
flora of the project area in line with the millennium development goal. To this to will play a
vital role in participating the varies organization and the community around the project area
to from an environmental commute in charge of all environmental issues to be handled in
accordance to varies environmental and water policies of 97/99. The owner of the project
believes to undertake several environmental issues for the conservation development and
creation of sustainable environmental around the project area.
4.7 Project Implementation

The project’s implementation is expected to take 24 months. The major activities include
Bank loan processing construction of the building, cleaning the area around the building,
Procurement of equipment’s and start rendering services. The time schedule for major
activities is presented below:
Table 6: project Implementation schedule
SN Activities Date
1 Preparation Project Proposal October 2024
2 Bank loan processing October-December 2024
3 Site Development feb 2025
4 Building and construction work August, 2025-July 2026
5 Preparation for service September, 2026
6 Service execution october, 2026

2023
5 Organnizations and Management

5.1 Organizational Structure
The organizational structure of the project is designed by including all the necessary
personnel under the right division. At the top of the organizational structure, there will be
manager with the responsibility of supervising the overall activity of the building. Depending
up on the nature of the center and the amount of work to be performs; there exist auxiliary
units under the general manager. Employees under each unit will be supervised by the
department head that is accountable for the General manager. General Manager is appointed
by the owners.
As clearly shown in the organizational structure, the center organization has one general
manager, duepty manager and three main sections. Under the general manager there are,
Finance and Markating Department, Human Resource Department and Building

Administration Department. The following section deals with the duties and responsibilities
of each department.
Owners
General Manager
Human Resource Finance and Markating Building Administration

Department Department Department
5.2 Manpower Requirement

The list of manpower and the annual cost of labor for Mixed-Use business mall and
residencial apartment building is indicated in Table 7.
Table 7: Manpower Requirement and Annual Labor Cost

2023
No Position No Monthly Annual salary
salary
1 General manager 1 25,000 300,000
2 Duepty manager 2 20,000 480,000
3 HRM Head 1 15,000 180,000
3.1 Secretary 3 8,500 306,000
3.2 HRM Officer 4 10,500 504,000
3.3 Personel 4 9,500 456,000
4 Finance and Marketing Head 1 15,000 180,000
4.1 Purchaser 3 10,500 378,000
4.2 Marketer 3 10,000 360,000
4.3 Accountant 3 11,500 414,000
4.4 Casher 3 9,500 342,000
5 Building Administration Head 1 15,000 180,000
5.1 Hotel recivesionist 5 3,500 210,000
5.2 IT Technician 5 11,500 690,000
5.3 Electrician 5 95,000 5,700,000
5.4 Plumber 12 7,500 1,080,000
5.5 Cleaner 15 7,000 1,260,000
5.6 Maintenance officer 5 9,500 570,000
5.7 Driver 4 9,500 456,000
5.8 car parking officer 10 8,000 960,000
5.9 Sanitory Engineer 5 11,500 690,000
5.10 Electrician engineer 5 11,500 690,000
5.11 Civil Engineer 5 11,500 690,000
5.12 Archtect 5 11,500 690,000
5.13 dialy labor 195 1,500 3,510,000
Total 305 359,000 21,276,000
Benefit (20%) 71,800 4,255,200
Grand Total 305 430,800 25,531,200

2023
6 Financial Study
The financial analysis of this mixed use project is based on the data presented in the previous
chapters and the following assumptions: -
6.1 Underline Assumption

Finishing period 2 years
Source of finance 30 % equity
Debt finance 70 % loan
Bank interest 16%
Property insurance 1% of building
Repair and maintenance 5% of Machinery, vehicle and equipment
Depreciation
Building & Construction 5%

plant and Machine 10%
Vehicles 20%
Office Equipment 10%
6.2 Investment Cost and Financial Requirement

The financial resource is a prime resource for undertaking any activities. Hence for
implementing this mixed use Business Mall and Apartment building a total of 243,316,783
ETB is required. From this 30% 72,995,035 birr will be covered by the promoter of the
project while the rest 70% 170,321,748 birr will be covered through loan from bank at the
prevailing interest rate. Therefore the said amount of finance is needed for undertaking the
following.
6.2.1 Fixed Investment
Tabel 8:- Land, Building & Construction
S.N Description of works Cost

1 Building construction 168,750,000
2 Site Development 3,450,000
3 Design and supervision 2,300,000
Total 174,500,000
Table 9:- Building Machineries and Equipments

2023
No
Description Measurement Qty Unit cost Total cost
1 Generator Unit 1 3,000,000 3,000,000
2 Carpentry tool box Set 2 27,000 54,000
3 Electrician tools box Set 2 18,500 37,000
4 Plumber tools kit Set 2 12,300 24,600
5 Fire extinguisher Unit 15 16,000 240,000
6 Elevator Unit 2 750,000 1,500,000
Total 4,855,600
Table 10: Vehicles
SN Description UOM Qty Unit Cost Total cost Remark

1 Mini-Bus Unit 1 1,500,000 1,500,000
Duty
2 Pickup Unit 1 1,000,000 1,000,000 Free
Total 2,500,000
Table 11: Furniture and Equipment
No Description unit Qty Unit price Total price

1 Managerial Table pcs 2 25,000 50,000
2 Managerial Chair pcs 2 18,000 36,000
3 Secretarial Table pcs 2 13,500 27,000
4 Secretarial Chair pcs 2 10,500 21,000
5 Office Chair Pcs 5 7,500 37,500
6 Office Table Pcs 5 8,500 42,500
7 Coffe Table Pcs 2 15,000 30,000
8 Photo Copy Machine Pcs 1 35,000 35,000
9 Laptop pcs 5 20,500 102,500
10 Dell Computer pcs 5 15,650 78,250
11 Printer Pcs 5 14,950 74,750
12 Fax & phone Pcs 3 8,500 25,500
13 File Cabinet Pcs 2 10,500 21,000
14 Customer Chair Pcs 5 3,500 17,500
15 Living Room 25 500,000 12,500,000
Total 13,098,500
6.2.2 Working Capital

Table 12:- Working capital
Descriptions Cost
Indirect costs:
Salary & Wages 3month 6,382,800.00
Property Insurance/3 month 487,385.25
Aduit and Legal fee/3month 75,000.00
Uniform/3month 87,500.00
Telephone, Fax and Postal/year/3 month 37,500.00
Cleenig Good Suplies/3 month 105,000.00
Repair and Maintenance/3 month 255,676.25

2023
Stationaries and other office suplies/3month 24,000.00

Electricity Power/month 56,875.00
Water/ 3 month 125,000.00
Fuel,Oil and Lubricant/ 3month 281,250.00
Misc. Expense/3 month 75,000.00
Promotional Expense/ 3cmonth 414,550.00
Lease expense/3 month 80,000.00
Sub-total 8,487,536.50
Total 8,487,536.50
6.2.3 Operating Cost

Table 13:- Operating Cost
No Discription Asumtion Used Annual Cost

1 Property Insurance 1% of fixed investment 1,949,541
2 Aduit and Legal fee 25,000 per month 300,000
3 Uniform 1000*350 birr 350,000
4 Telephone, Fax and Postal 12,500 per month 150,000
5 Cleenig Good Suplies 35,000 per month 420,000
6 Repair and Maintenance 5% of Machinery, vehicle and equipment 1,022,705
7 Stationaries and office suplies 8000 per month 96,000
8 Electricity Power 1.30*175,000 227,500
9 Water 10*50,000 500,000
10 Fuel,Oil and Lubricant 10*50,000 1,125,000
12 Misc. Expense 300,000
13 Promotional Expense 1% of sales 1,658,200
14 lease expense 320,000
Total 8,418,946
6.2.4 Pre-Service Expenses

Table 14: Pre-service Expenses
NO Description Cost
1 Project Proposal 300,000
2 EIA 250,000
3 Licensing Fee and Others 175,000
4 Staff Capacity Building 1,500,000
5 For Adverting 500,000
6 Lease payment (20% of total Lease Cost 3,200,000
Total 5,925,000

2023
6.2.4 Summary of Total initial investment cost
Table 15:- Total Investment cost
SN Description Cost
1 Fixed investment cost
1.1 Land, building & construction 174,500,000
1.2 Building machines & Equipments 4,855,600
1.3 Vehicle 2,500,000
1.4 Furnicher and equipment 13,098,500
Total fixed investment cost 194,954,100
2 Operational cost
2.1 Salary expense 25,531,200
2.2 Operation Expense 8,418,946
2.3 Pre service Expense 5,925,000
Total operational cost 39,875,146
3 Total Working capital 8,487,537
Total initial investment capital 243,316,783
6.3 Financial analysis

6.3.2 Profitablity
Based on the projected profit and loss statement, the project will generate a profit throughout
its operation life. Annual net profit after tax increases from Birr 62,554,668 at the beginning of
the project to Birr 124,817,045 during the last year of operation year. The detail is presented in
Annex.
6.1 Payback Period

The payback period, also called pay–off period is defined as the period required recovering
the original investment outlay through the accumulated net cash flows earned by the
project. Accordingly, based on the projected cash flow it is estimated that the project’s
initial investment will be fully recovered within 4 year.
6.2 Internal Rate of Return

The internal rate of return (IRR) is an indicator of the efficiency or quality of an investment.
A project is a good investment proposition if its IRR is greater than the rate of return that
could be earned by alternate investments or putting the money in a bank account.
Accordingly, the IRR of the project after tax is computed to be 30 % indicating the viability
of the project.

2023
6.3 Net Present Value

Net present value (NPV) is defined as the total present (discounted) value of a time series of
cash flows. NPV aggregates cash flows that occur during different periods of time during the
life of a project into a common measuring unit i.e. present value. It is a standard method for
using the time value of money to asses’ long-term projects. NPV is an indicator of how much
value an investment or project adds to the capital invested. In principle a project is accepted if
the NPV is non-negative. Accordingly, the net present value of the project at 10% discount
rate is found to be 244,309,699.53 Birr which is acceptable.
7 Conclusions and Recommendations
7.1 Conclusion
The objective of this proposed feasibility study is primarily to facilitate the entrepreneur with
the investment information and provide an overview about project. The proposed feasibility
may form the basis of an important investment decision and in order to serve this objective,
the document covers various aspects of Concept Development, Start-up, Production,
Marketing, Finance and Business Management.
The feasibility is based on the information obtained from various Constraction sources as
well as discussions with businessmen. For financial model, since the forecast/projections
relate to the future periods, actual results are likely to differ because of the events and
circumstances that don’t occur frequently as expected.
Whilst due care and attention has been taken in performing the exercise, no liability can be
inferred for any in-accuracy or omissions reported from the results thereof. It is essential that
our report be read in its entirety with financial model in order to fully comprehend the impact
of key assumptions on the range of values determined.
The project is accessible and has the necessary infrastructure such as road, telephone, water
and electric power. The proposed project clearly identifies all the necessary equipment,
inputs, management of the company and the required man power. The highest authority in the
project will be vested in the hand of the owner. He will control the overall activities of the
proposed project. Demand projection divulges that there is high demand for feed production
in the country. Accordingly, the planned project is set to provide quality products in the area.

2023
The proposed project possesses wide range of economic and social benefits such as
increasing the level of investment, tax revenue and employment creation for both women and
youths. It will have also environmental concerns to protect it by planting trees around its
working area and by utilizing environmental friendly raw materials. Generally, the project is
technically feasible, financially and commercially viable as well as socially and economically
acceptable. Hence the project is worth implementing.
7.2 Recommendations
Financial sensitivity analysis shows that the project is highly sensitive to decrease in sales
revenue but relatively less sensitive to increase in raw material and investment costs.
Therefore, it is recommended that the company should give a great attention for the possible
reasons for sales reduction. In this case, different mechanisms should be selected and
implemented to increase sales. In addition to this, the company should decrease its cost that
lowers profitability. The project must utilize modern promotional styles to capture the
planned market share. To do so, it has to design effective strategy to achieve this plan.
Although, due care and diligence has been taken to compile this document, the contained
information may vary due to any change in any of the concerned factors, and the actual
results may differ substantially from the presented information. In this case, any delaying to
implement the project creates some problem on its profitability as there is always change like
change in price of services and goods, cost of raw materials, customers preference and
purchasing power etc.….So, it is recommended that investors should implement the project
as soon as possible before any change occurred.

2023
Annex 1. Sales Revenue

Project year
Size
1 2 3 4 5 6 7 8 9 10
Parking 220,000 231,000 242,550 254,678 267,411 280,782 294,821 309,562 325,040 341,292
Size 20 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000
unit price 5 5.25 5.51 5.79 6.08 6.38 6.70 7.04 7.39 7.76
Ground
floor Bank 11,475,000 12,048,750 12,651,188 13,283,747 13,947,934 14,645,331 15,377,597 16,146,477 16,953,801 17,801,491
and café
Size 375 375 375 375 375 375 375 375 375 375
unit price 2,550 2,678 2,811 2,952 3,100 3,255 3,417 3,588 3,768 3,956
Rent for
office 1- 52,875,000 55,518,750 58,294,688 61,209,422 64,269,893 67,483,388 70,857,557 74,400,435 78,120,457 82,026,479
5floor
Size 375 375 375 375 375 375 375 375 375 375
unit price 2,350 2467.5 2590.875 2720.41875 2856.439688 2999.261672 3149.224755 3306.685993 3472.020293 3645.621308
Rent for
apartment 101,250,000 106,312,500 111,628,125 117,209,531 123,070,008 129,223,508 135,684,684 142,468,918 149,592,364 157,071,982
6-15floor
Size 375 375 375 375 375 375 375 375 375 375
unit price 2,250 2362.5 2480.625 2604.65625 2734.889063 2871.633516 3015.215191 3165.975951 3324.274749 3490.488486
Sub Total 165,820,000 174,111,000 182,816,550 191,957,378 201,555,246 211,633,009 222,214,659 233,325,392 244,991,662 257,241,245

2023
Annex 2 :- Operating Expense

Descriptions Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10
Salary & Wages 25,531,200 26,807,760 28,148,148 29,555,555 31,033,333 32,585,000 34,214,250 35,924,962 37,721,210 39,607,271
Property 1,949,541 2,047,018 2,149,369 2,256,837 2,369,679 2,488,163 2,612,571 2,743,200 2,880,360 3,024,378
Insurance
Aduit and Legal 300,000 315,000 330,750 347,288 364,652 382,884 402,029 422,130 443,237 465,398
fee
Uniform 350,000 367,500 385,875 405,169 425,427 446,699 469,033 492,485 517,109 542,965
Telephone, Fax 150,000 157,500 165,375 173,644 182,326 191,442 201,014 211,065 221,618 232,699
and Postal
Cleenig Good 420,000 441,000 463,050 486,203 510,513 536,038 562,840 590,982 620,531 651,558
Suplies
Repair and 1,022,705 1,073,840 1,127,532 1,183,909 1,243,104 1,305,260 1,370,523 1,439,049 1,511,001 1,586,551
Maintenance
Stationaries and 96,000 100,800 105,840 111,132 116,689 122,523 128,649 135,082 141,836 148,928
other office
suplies
Electricity 227,500 238,875 250,819 263,360 276,528 290,354 304,872 320,115 336,121 352,927
Power
Water 500,000 525,000 551,250 578,813 607,753 638,141 670,048 703,550 738,728 775,664
Fuel,Oil and 1,125,000 1,181,250 1,240,313 1,302,328 1,367,445 1,435,817 1,507,608 1,582,988 1,662,137 1,745,244
Lubricant
Misc. Expense 300,000 315,000 330,750 347,288 364,652 382,884 402,029 422,130 443,237 465,398
Promotional 1,658,200 1,741,110 1,828,166 1,919,574 2,015,552 2,116,330 2,222,147 2,333,254 2,449,917 2,572,412
Expense
Lease expense 320,000 320,000 320,000 320,000 320,000 320,000 320,000 320,000 320,000 320,000

2023
Total 33,950,146 35,631,653 37,397,236 39,251,098 41,197,653 43,241,535 45,387,612 47,640,993 50,007,042 52,491,394
Annex 3:- Income Statement

Description Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10
Sales Revenue 165,820,000 174,111,000 182,816,550 191,957,378 201,555,246 211,633,009 222,214,659 233,325,392 244,991,662 257,241,245
Less: Operating 33,950,146 35,631,653 37,397,236 39,251,098 41,197,653 43,241,535 45,387,612 47,640,993 50,007,042 52,491,394
cost
Income before 131,869,854 138,479,347 145,419,314 152,706,280 160,357,594 168,391,473 176,827,047 185,684,399 194,984,619 204,749,850
Depreciation
and interest
Less: 11,020,410 11,020,410 11,020,410 11,020,410 11,020,410 11,020,410 11,020,410 11,020,410 11,020,410 11,020,410
Depreciation
Less: interest 24,611,493 23,504,401 20,779,253 18,054,105 15,328,957 12,603,809 9,878,661 7,153,513 4,428,365 1,703,217
Profit /Loss 96,237,951 103,954,536 113,619,651 123,631,764 134,008,226 144,767,254 155,927,976 167,510,476 179,535,844 192,026,223
Before Tax
Less: Tax (35%) 33,683,283 36,384,087 39,766,878 43,271,118 46,902,879 50,668,539 54,574,791 58,628,667 62,837,545 67,209,178
Net Profit or 62,554,668 67,570,448 73,852,773 80,360,647 87,105,347 94,098,715 101,353,184 108,881,809 116,698,299 124,817,045
Loss After Tax

2023
Annex 4:- Cash Flow Statement

Description Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10
1. Inflows
Own Fund 72,995,035
Bank Loan 170,321,748
Net Profit 62,554,668 67,570,448 73,852,773 80,360,647 87,105,347 94,098,715 101,353,184 108,881,809 116,698,299 124,817,045
Depreciation & 11,020,410 11,020,410 11,020,410 11,020,410 11,020,410 11,020,410 11,020,410 11,020,410 11,020,410 11,020,410
Amortization
Total Inflows 243,316,783 73,575,078 78,590,858 84,873,183 91,381,057 98,125,757 105,119,125 112,373,594 119,902,219 127,718,709 135,837,455
2. Out flows
Fixed Assets 194,954,100
Increase in 8,487,537 - 420,377 441,396 463,465 486,639 510,971 536,519 563,345 591,512 621,088
Working Capital
Pri. Repayment 17,032,175 17,032,175 17,032,175 17,032,175 17,032,175 17,032,175 17,032,175 17,032,175 17,032,175 17,032,175
Owners 15,638,667 16,892,612 18,463,193 20,090,162 21,776,337 23,524,679 25,338,296 27,220,452 29,174,575 31,204,261
withdrawal
Total out flows 203,441,637 32,670,842 34,345,164 35,936,764 37,585,802 39,295,150 41,067,824 42,906,990 44,815,972 46,798,262 48,857,524
Net Cash flows 39,875,146 40,904,237 44,245,694 48,936,419 53,795,255 58,830,607 64,051,301 69,466,604 75,086,247 80,920,447 86,979,931
Cumulative Cash 40,904,237 85,149,931 134,086,350 187,881,605 246,712,212 310,763,513 380,230,117 455,316,364 536,236,811 623,216,742
Flows
Retained earning 46,916,001 50,677,836 55,389,580 60,270,485 65,329,010 70,574,036 76,014,888 81,661,357 87,523,724 93,612,784
Cumulative 46,916,001 97,593,837 152,983,417 213,253,902 278,582,913 349,156,949 425,171,837 506,833,194 594,356,918 687,969,702
retained
earning

2023
Annex 5:- Balance Sheet Statement

Description Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10
Assets:
Cummulative - 40,904,237 85149931 134086350 187881605 246712212 310763513 380230117 455316364 536236811 623216742
Cash
working capital 8,487,537 8,907,913 9349309 9812774 10299413 10810384 11346903 11910248 12501761 13122849
Total Current 8,487,537 49,812,150 94499240 9349309 198181018 257522596 322110416 392140365 467818125 549359660 623216742
Assets
Fixed Assets
Building & 174,500,000 165,775,000 157050000 148325000 139600000 130875000 122150000 113425000 104700000 95975000 87250000
Construction
plant and 4,855,600 4,370,040 3884480 3398920 2913360 2427800 1942240 1456680 971120 485560 0
Machine
Vehicles 2,500,000 2,000,000 1500000 1000000 500000 2500000 2000000 1500000 1000000 500000 0
Office 13,098,500 11,788,650 10478800 9168950 7859100 6549250 5239400 3929550 2619700 1309850 0
Equipment
Total Fixed 194,954,100 183,933,690 172913280 161892870 150872460 142352050 131331640 120311230 109290820 98270410 87250000
Assets
Total Assets 203,441,637 233,745,840 267412520 171242179 349053478 399874646 453442056 512451595 577108945 647630070 710466742
Liablity &
Capital
Liability: Bank 170,321,748 153,289,573 136257398 119225223 102193049 85160874 68128699 51096524 34064350 17032175 0
Loan
capital:
Cumulative - 46,916,001 97593837 152983417 213253902 278582913 349156949 425171837 506833194 594356918 687969702
retained
earning
Owners 72,995,035 72,995,035 72995035 72995035 72995035 74695035 74695035 74695035 74695035 74695035 74695035
Contribution
Total Liability 243,316,783 273,200,609 306846270 345203675 388441986 438438821 491980683 550963396 615592579 686084128 762664737
& Capital

2023
Annex 6:- Repayment Schedule
Date Principal Repayment Interest Payment Total Payment Ending Balance

0 170,321,747.75
1 17,032,174.78 24,611,492.55 41,643,667.32 153,289,572.98
2 17,032,174.78 23,504,401.19 40,536,575.96 136,257,398.20
3 17,032,174.78 20,779,253.23 37,811,428.00 119,225,223.43
4 17,032,174.78 18,054,105.26 35,086,280.04 102,193,048.65
5 17,032,174.78 15,328,957.30 32,361,132.07 85,160,873.88
6 17,032,174.78 12,603,809.33 29,635,984.11 68,128,699.10
7 17,032,174.78 9,878,661.37 26,910,836.14 51,096,524.33
8 17,032,174.78 7,153,513.41 24,185,688.18 34,064,349.55
9 17,032,174.78 4,428,365.44 21,460,540.22 17,032,174.78
10 17,032,174.78 1,703,217.48

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Project Proposal For Mixed-Use Business Mall and Apartment Building

Project Proposal For Mixed-Use Business

Project Owner:- JASMIN REAL ESTATE PLC

Address: - Addis Ababa

JASMIN REAL ESTATE PLC Page 0

JASMIN REAL ESTATE PLC Page 1

JASMIN REAL ESTATE PLC Page 2

Project Promoter JASMIN REAL ESTATE PLC

Proposed Project Type Mixed-Use Business Mall and Apartment

PBP ( Pay Back Period) <4 year

JASMIN REAL ESTATE PLC Page 3

JASMIN REAL ESTATE PLC Page 4

2.1 Owners Background

JASMIN REAL ESTATE PLC Page 5

To be an agent for local and foreign sole producers and distributers.

History Yami Construction and Machinery Rental P.L.C

Through time, our machinery capacity encouraged us to work as grade 3 Construction

generate hard currency for the import business.

JASMIN REAL ESTATE PLC Page 6

to be input for building construction. Major accomplishments of Yami

I. Yami as a rental company

 Southern nations and nationalities roads authority:- excavator rental.

 Yonatan Abey construction company:- dozer and grader.

 Beijing urban construction

YAMI CONSTRUCTION & MACHINERY RENTALS P.L.C

II. YAMI Construction and Machinery Rental P.L.C as a construction company.

 amount was twenty two million Birr.

 contract amount was two and Half Million Birr.

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III. Yami construction as importer.

 have duty free facility or right using customs bonded warehouse.

 P 8 plastic chemicals for plastic materials producers.

 Jack hammer to be fixed on excavators.

 Sino cargo trucks.

 Sino water trucks.

IV. Yami as exporter.

 Check pea export to Uniterd Arab Emeriates

 Coffee to Egypt and Beljium.

 Green mung to China

2.2 Vision and Mission Statement

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 Sustaining our reputation as a reliable, customer-oriented, dynamic player in the

 Ensuring attentive, effective and proactive customer service and personalized

 Sustaining our reputation as a reliable, customer-oriented, dynamic player in the

2.3 Project Objectives

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2.4 Project Description

2.5 Project Rationale

2.6 Significance of the Project

2.7 Project Location

Building over the area of 400 m2 .

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3.1 Market Analysis

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3.2 Demand-Supply Gap

3.3 Future Market Demand

Table 1:-Commercial Building Demand Forecast

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Table 2:- No of Incoming tourist projection

3.4 Target Customers

 Tourists-These groups are peoples from every corner of the world.

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1 Basement Parking Service 5/per hour 5820*275 220,000

2 Ground Floor Bank, Restaurant 2,550 2,55037512 11,475,000

3 1st floor -5th floor Trade Center, 2,350 2,3503755*12 52,875,000

4 6th-15th floor Residential 2,250 2,25037510*1 101,250,000