Tis isat Water Works PLC was established on December 23, 2008, by Gafat Endowment and ORDA-Ethiopia, starting with a capital of one million, a few employees, and 2 drilling machines. Now, its capital has grown to 206 million, its workforce has expanded to 268, and it has 48 machinery and vehicles

In accordance with the direction issued by the regional government to incorporate endowment institutions and development organizations under the ownership of Abay Investment Holding, Tis Isat Water Works is currently operating under the ownership of Abay Investment Holding.

 utilize the surface and groundwater resources of our region and our country by engaging in water well drilling, clean drinking water and irrigation network construction as a contractor, using cost-effective technology, becoming a reliable source of income for shareholders and playing its role in the development of citizens.

In order to meet the development needs of clean drinking water supply and irrigation network construction in the region, it is fulfilling its mission as a development force in the region by completing its projects with quality and on time, through direct, price negotiation, and bidding, to be accessible to the community, even in areas where the private sector cannot enter.