Project Offered for Foreign Investment

 Project Number: 16

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

Name of the project: Production of artificial leather with code 19112112

Capacity: 2200 tons in one shift of work

Location of project:Mashad- Industrial Township

The company of Toos Charmsa has begun producing leather but still can not meet all home market demands. So leather is imported to Iran. The mentioned company plans to produce 2200 tons artificial leather through a development project.

2.Estimate of Investment: US$ 500,000

The Foreign Side Investment percentage: 49%

The Iranian Side Investment percentage:  51%

3. Needed Foreign Investment

Capital     □      Technology   □    Equipment      □

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

2200 tons artificial leather per year with one work shift

5.Estimate of Sales in Home and Foreign Markets

Percentage of sales in home markets: 70%

Percentage of sales in foreign markets: 30%

6. Kind of Joint Venture:

Joint Investment     □       Cooperation in production                             □     

Raw materials        □         Cooperation in the sales of the product        □  

7. Pay Back Period: 3 years

Rate of Return: 33%

Needed Working Capital: 1,000,000 US$

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

advantages ):

The company is active now and has bought land and has provided water, gas, and telephone supply.

9. Contact numbers and Addresses of the company:

Postal Address:

No55-East Danesh-17 Shahriar st.-Mashad

Tel:  0098   511 3421277

Fax: 0098   511 3421278

Manager of the company: Mr. Hossein Pour Fakharian