Project Offered for Foreign Investment

  Project Number: 13

 1.General Description of the project (Name, Kind of production, relative advantages)

Jovein Sugar Co. (producing sugar from sugar beet and refining raw sugar) needs a power plant for producing electricity and steam. The factory has the capacity of 150,000 tons per year and is currently operating.

2.Estimate of Investment: US$ 5,000,000

The Foreign Side Investment percentage: 100%

The Iranian Side Investment percentage:  0%

3. Needed Foreign Investment

Capital     □      Technology    ■   Equipment      ■

 4. Scale of the Project (capacity, possibility of upgrading the capacity, development plans)

 10   M W power and 150 tons of steam

5.Estimate of Sales in Home and Foreign Markets

Percentage of sales in home markets: 100%

Percentage of sales in foreign markets:0%

6. Kind of Joint Venture:

Joint Investment     ■         Cooperation in production                            □     

Raw materials        □         Cooperation in the sales of the product        □  

7. Pay Back Period: 4 years

Rate of Return; 25%

Needed Working Capital: 0%

8.Present Status of the Company  (name and type of the company; its current activities and its

advantages )

The name of the company is: Jovein Agricultural – Industrial Co. has currently the complete production line of sugar. It is also active in farming, animal husbandry, and gardening.

9. Contact numbers and Addresses of the company:

Postal Address: Dasht-e-jovein, Sabzevar,  Khorasan

Tel: 0098 511 2255585-2229577

Fax: 0098 511 2229578

Manager of the company: Mohammad Hosseini