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POWER PYLONS FACTORY PROJECT


Project No: #18899
Capital needed
USD 65,000,000
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Minimum investment per investor: USD65M
Country: Angola
Reason for needing Capital: Project Launch
Stage: In Operation/Selling
Ideal Investor Role: Indifferent
Highlights: Project authorization obtained with
state commitment for issue of relevant permits, licenses
•70% reduction in corporate profits tax for 8 years
•70% reduction in dividend tax for 8 years
•70% reduction in property taxes for 8 years
•3-year exemption of import duties and taxes on machinery, equipment, other tangible fixed assets
•3-year exemption of import consumption tax on project raw materials
What you offer to investors?: Funding is required in form of loan at 4% to 5% interest pa, 8 years tenure, 2 years grace period, repayable annually with interest starting in the 3rd year.
2-year period of grace required for construction, trial-run and commissioning of the factory.

Funding is sought for implementation
of greenfield project consisting of a factory in Angola for the manufacture of
metallic structures with specific focus
on pylons for carrying power transmission lines. At present the country
relies on imported structures which places a significant burden on acute
foreign currency reserves and consequently retards progress in the
implementation of the national energy development programme.

Increasing electric power availability is among the Angolan
government’s highest priorities in an effort to diversify the economy and meet
the increasing energy demand of a growing population.  In order to achieve
a targeted 9.9 gigawatt (GW) of installed generation capacity and a 60 percent
electrification rate by 2025, the government has instituted an ambitious
infrastructure plan.

The company is registered in
Angola and was founded by a group of local engineers and technicians. It has
taken the iniciative to embark on an ambitious project focussing on Provision
of high quality Technological Services in the areas of Electrical Energy,
Substations, Power Transmission Lines and Civil Construction. The company
envisages playing a determinant role in the sustainable development of Angola. It has significant experience
in construction/installation of tower structures, transmission lines,
substations.






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