Dear Esteemed Customers, Business Partners, Stakeholders,
and Colleagues
For the last 33 years, I have worked with small trade
partners, lending financial institutions, banks,
government offices, consultants, fellow investors,
international trade partners, and other stakeholders and
built up the skills that enabled me to lift my small
business from a family retail trading to a big business
group known as BKG.
BKG has created 22 companies and generated billions of
revenue every year. The group is engaged in diversified
business sectors. We are operating in the export of
sesame, and continued to be the market leader in Ethiopia
for the last ten years, In addition, we operate in the
agriculture sector by securing five farm areas in five
different regions. Our manufacturing sector has five
plants. We are also engaged in the construction sector,
the hotel industry, freight, and public transport, and
real estate development.
Out of our business
organizations PhiBela Industrial PLC is one of the biggest
edible oil processing plants not only in Ethiopia but also
in Africa. BK Metal Engineering Complex and BK Debre
Birhan Car Assembly Plant are also the fruits of our hard
work that contributed to the development of the
manufacturing sector in the country. Phibela and BK metal
engineering complex transformed us from trader to
manufacturer. BKG is operating in 7 regions across
Ethiopia with more than 5,000 professionals and employees
who are working on a permanent and contractual basis. We
have generated more than USD 605 Thousand in the last
fifteen years. In the import business, our product items
include CKD of heavy-duty trucks, luxury buses,
mini-buses, and automobiles. These products are
manufactured in our metal engineering plants located at
Gelan subcity, Oromia Region, and in Debre Birhan City,
Amhara region. Steel bars, tires, and agricultural
chemicals are also our imported items.
In the
coming five years we will be focusing on expanding the
size of our commercial farms. The main agricultural
products grown on our farms’ will be coffee, sesame seed,
and different types of fruit for export. Our main
objective of expanding farms is to enable us to generate
foreign currency by exporting traceable products for our
customers.
In addition, to realize the
government's economic objective of import substitution and
value-added products export strategy; we are installing a
protein powder manufacturing and edible oil crushing plant
in a compound where PhiBela Industrial PLC is situated. We
have three mega projects on which our investment is
focusing and these include a high-rise luxury Ethiopia
hotel and apartment redevelopment project, the Piassa real
estate and apartment building project, and a five-star
rated Bahir Dar Hilton Hotel and Spa.
It is my pleasure to see that our employees are happier
and more motivated than ever when they work for the
realization of our dreams of becoming one of the leading
business institutions in Africa. We believe that our
employees are the most important assets of the BKG. Most
of our customers I know get an enormous sense of
satisfaction and trust from the products and services we
deliver to them. Our companies will be committed to
fulfilling their corporate social responsibilities as ever
before.
The great leadership role of the Board of Directors of the
BKG in alignment with the management team of our companies
has a significant impact on the success of our mega
projects and the realization of the five-year strategic
plan.
Belayneh Kindie Mekonnen
Chairperson, the BKG Board of Directors