Adami Tulu Pesticide Processing SC is scheduled to inaugurate mosquito nets and herbicides factories built at a total cost of 26 million birr in August.
The factories will be constructed by Adami Tulu, a government owned company established in 1998, near Ziway, Oromia Regional State, at a cost of 40.5 million birr.
The machinery for the mosquito net factory was imported from China. It is expected that the factory will save Ethiopia 4.5 million dollars, which accounts for about 40 percent of the cost of importing mosquito nets annually.
"When it reaches full capacity, the factory will produce all three million mosquito nets thereby saving the country up to 14 million dollars in foreign currency with the expertise and technological knowhow from the Chinese company," Samuel Samuel Halala, general manager of Adami Tulu, said.
The factory will buy emulsifiers and mineral fillers locally, while it will import other raw materials like active ingredients for pesticide production.
Adami Tulu had planned to make 154 million birr this fiscal year; however, it collected 97 million birr over the last 10 months. In the planting season, however, it expects to earn more than the target in the coming two months.