|Date||Date of Registration : Aug 13, 2007
Date of Revision : Feb 03, 2009
|Country / Area||Dhaka, Bangladesh|
|Proposal Category||2201 Iron or steel structures, tanks, cables, wires, chains, etc.|
|Target Country / Area||All Countries / Areas|
*Attention: JETRO shall not take any responsibility for the contents provided by users. Please take note of the fact that JETRO leaves the exactness and reliability of the contents to users' judgment.
Looking for Serious Investors for a Galvanized Wire Plant
<< DESCRIPTION >>
Basically I have a trading house through which I represent a few companies. My company also represents a Chinese Galvanizing Equipment and Technology supplier and I am working on their behalf to find potential investors to setup this project at a convenient location.
Looking for Investors who would be willing to form a joint venture in manufacturing Galvanized Wires.
The venture's shareholding will be based on discussion and agreement with potential investors. Technology used in our manufacturing process is very up to date, and reduces the manufacturing cost and the consumption of Zinc (a major cost), compared to many of our competitors around the world.
This enables us to be be competitive in terms of pricing along with quality.
Initially the project will have an output of 20,000 MT/YEAR, all of which will be sold to our current clients on a regular basis.
We expect the demand to grow to 100,000 MT/YEAR within then next 2 years. Investment required for the project has been calculated based on Chinese operating costs, however it will differ based on where the plant will be set up and the cost factors in that area.
Our preference is to setup a plant in a country where Black Iron Rod (Wire Rod) is manufactured locally and available from more than one source. Black Rod is the major raw material which will be drawn into galvanized wires. Secondly we would prefer an area where the cost of labor, utilities and shipping are considerably lower or similar compared to China.
At 20,000 MT/YEAR, we expect the project to give a return on investement within 3 Years safely. The amount of time could however differ based on actual cost of the plant setup and the availability of raw materials.
Currently we are operating a 3000MT/Year plant in China and would be willing to share all details with interested investors upon contact.
|Investment Amount||US$ 5,000,000|