Country:

ISLAMIC REPUBLIC OF IRAN

ISIC Code:

Project Title:

 PHASE ll SA`AAROOJ JETTY

    Status:

ACTIVE 

Project No.

 PRJO21 JETTY 8309

Date:

 Nov.2004

1. Full Descriptions on Proposed Project:

Asian Pacific Inc. owns a Jetty 14km east of Kangan City in Bushehr Provinces South of Iran. API has also developed high quality limestone open quarries only 5 km distant from its Jetty. Phase I of the jetty has been completed in 2000 and has been exporting more than 1.5 million of high quality limestone.
Phase II project includes construction of belt conveyors from deposit site to open sea. five Dolphins, two mooring points and 6 sea stand for the installation of galleries and belt conveyors, Quarry material transfer to ship over 50.000 DWT capacity also includes installation of Transversal Fixed Ship Loader. The transfer capacity of the belt conveyor and ship loader is designed for 1500r/h and thus the capacity of the jetty shall be increased from I million tons (in Phase I) to 4 million tons of aggregated high quality limestone.
Foreign supplier shall supplied Ship loader equipment (the contract of which has be signed and LC has been also opened); main electrical equipment; main instrumentation and PLC shall also be purchased from well- known suppliers in respective fields. Iranian companies shall supply the rest of equipment. Distinguished Iranian companies are responsible for civil, mechanical and electrical engineering (contracts already enforce). Iranian company does civil construction, installation and supervision of all work stages. Master Schedule of the project foresees project is executed in 12 months. Tolal cost of the project is 165.100 million Rials, After completion of Phase II Jetty, clinker and cement export of Sa`aarooj Cement Co. is possible. This plant is due for start-up in 2006.

2. Products to be produced:

Name

Capacity

Unit

Planned Sales (USD)

Local Sale%

Export Sale %

 High quality limestone

 1500

T/H 

8 $/T 

100% 

3. Site Location:

4. Estimated Total Investment Costs (in US $)  &  Foreign Investment Requested (in US $) 

128 million USS (2.4 million Euros in foreign currency and the test in Iranian Rials). Participation in any project investment portion is welcomed.

5. Project Classification:

New Project:                              Expansion/Rehabilitation:  Expansion

6. Local Entrepreneur:

Private Sector:                      Public Sector:                    Other:

     a) Annual Turnover

Sales (in US $):

Export (in %):

 1st           2nd          3rd          4th           5th          6th          7th           8th          9th          10th

11m$     13.5m$     16m$        18.5m$     21m$       22m$       22m$       23m$       23m$     23m$

100%      100%       100%        100%       100%       100%      100%       100%       100%    100%

b) Current Line of Business:

API business and industrial activity has started in 1996. The Consortium is the first Iranian private sector organized to promote domestic technical and construction capacity in foreign markets. It has started its activity by putting up an industrial site South of Iran in Bushehr province. API owns more than 140 Hectares of land and 40 square Km of medium to high quality limestone on the on the coast of Persian Gulf. Since 2000. API has constructed Sa`aarooj Jetty for the export of limestone quarry bulk raw material. It has also produced considerable amount of sand and gravel which are use in domestic project or for export. Up to the Dec. 2004 more than 1.5 million tons of limestone have been exported to Gulf countries and India. API aims to increase its loading capacity to 5 million tons. with this capacity in operation (in one/year). API shall become the largest supplier of the limestone in the area. The cement factory under the construction by Sa`aarooj Bushehr International Company shall become operative by 2006. With this plant in operation 1.3 million tons of clinker shall exported via API`s jetty. API has also other investment plants for future under feasibility study - These projects include but not limited to: gray clinker production line with a capacity of 10.000 t/d. white clinker and cement plant with a capacity of 600 t/d. API relays on two main prospects for its future activities. namely: desirable condition of its industrial site for various project realization and support of two of most important invest companies in Iran as its main shareholders: Ghadir and Blank Melli Iran Invest. Cos.

7. What form of collaboration is sought?

Joint Venture (equity):   yes

Management expertise:

Loan:

Technical expertise:

Market Access:

Marketing Access:

Sub-contracting:

Technology Transfer:

Buy-back arrangement:  yes

Joint R&D:

Equipment purchase:

Other:

8.Feasibility Studies Conducted, Available..:

     1- Sa`aarooj Jetty Phase II Construction (available)

     2- Grey Clinker Plant 10,000 t/d (available)

     3- Micronized Plant (under investigation)

     4- White Clilnker plant 600 t/d (under investigation)