Abay Industries is a share company established by private investors and Amhara Regional Government formulated to develop the region investing in Cement, Steel, Textile & Garment, Wood Processing and Sugar industries. The sectors and approach are in line with the growth and transformation plan of the country and the aspiration of all stakeholders. Star Business Group being one of the founders, we have substantial shares in this profitable which currently is bearing fruits with long term developments of the region in the horizon. All pieces are working well guarantying a smooth operation.

Abay Industry Development Share Company was established in March 2016 with a capital of 4Billion ETB. The share company has currently 242 active shareholders with 12 board members. The head office is found in Bahir Dar with a branch office in Addis Ababa.