Project Documents

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ID# 4

Investment proposal

Project name	Organization of agrological center for storage, sorting, processing, drying, shock freezing and export of fruits and vegetables
Objective of the project	Saturation of the domestic market with high-quality processed fruit and vegetable products in a large assortment, as well as export of products to the CIS countries.
Sphere/industry	Fruit and vegetable processing
Project Schedule	2019-2020
Project location	Tashkent region, Kibray district, Tuzel
Information about project participants:
Initiator	LLC «Fruit Season Group»
Co-executor (branch office)	HC «Uzbekoziqovqatholding»
The total cost of the project	55 508 thousand dollars
Expected sources of financing:
Own funds	10 115 thousand dollars
Commercial bank loans	10 000 thousand dollars
Required foreign direct investment	35 393 thousand dollars
Composition of main costs	– For the purchase of equipment – 40 000 thousand dollars; – For construction and installation work – 10 115 thousand dollars; – Other expenses (working capital for the purchase of raw materials and materials, commissioning, selection and training of personnel) – 5 393 thousand dollars.
Expected profitability	25%
Repayment periodexpected payback period	3,7 years
Cash flows	Total sales2020 – 10 752,0 thousand dollars2021 – 31 909,2 thousand dollars 2022 – 65 299,8 thousand dollars 2023 – 71 003,5 thousand dollars 2024 – 82 579,2 thousand dollars 2025 – 82 579,2 thousand dollars The average annual cost when reaching maximum power:Total – 50 756.7 thousand dollars. Of them:Raw materials – 44 725.0 thousand dollarsWorkers’ wages – 1 001.9 thousand dollars.Other expenses – 5 029.8 thousand dollars.Taxes and obligatory payments are exempt for 7 years.
Characteristics of products planned for production	Fresh, processed and dried fruits and vegetables compliant with the ISO standard
Project capacity/size	100 600 tons of products per year
Initiator’s contribution to the project	Business plan of the project, land and construction in progress for creation of the project, solution of organizational issues
Current project status	Feasibility study of the project at the development stage

Information about the initiator of the project

Full name of the company	LLC «Fruit Season Group»
Details, address, contacts	Republic of Uzbekistan, 111220, Tashkent region, Kibray district, Tuzel, Murabbiylar street, 119 Telephone.: +998 90 956 00 11 (Mukhamedov Anvar) E-mail: Fruits_season@mail.ru
Date of the enterprise’s foundation	16.03.2016
Statutory fund	2,0 billion UZS
Founders and distribution of shares	Mukhamedov Anvar Akhmedovich – 50% Usmanova Marina Radikovna – 50%

Information about the founders

Full name	1. Mukhamedov Anvar Akhmedovich 2. Usmanova Marina Radikovna
Contact number	+998 90 956 00 11
E-mail	Fruits_season@mail.ru

Contact of the performer from the MIFT

Full name
Position
Contact number
E-mail

General information

Number and types of created jobs	Total jobs: 650 units, of which: – AMS: 28 – Engineers: 12 – Workers: 610
Impact of the project on the environment (project EIS), including the expected types and volumes of waste, the place of their disposal	CO2 emissions – 200 tons/year- withdrawal of domestic waste – 40 tons/year- discharge of water into sewers – 8000 m3/year
Information about the land for construction of the enterprise	Total land area: 17 hectares Existing buildings: objects under construction – 5 hectares
Existing infrastructure	– electrical substation – 2.5 km – natural gas network – 100 meter – highways – 50 meters – sewer networks – is available – railway line: – 2.5 km
Required infrastructure	Telephony
Upcoming construction works	Industrial and administrative buildings/facilities
Design-estimate documentation	Developed a business plan of the project
Electricity demand (kWh), Integrated power (kWh/s or mW/h)	480 000 kWh per year
Water requirement (cubic meters per m)	10 000 m3 per year
Gas demand (t/m)	200 000 m3 per year

Market analysis, productions definition (works, services),marketing researches

Types of products	Sorted, processed, frozen, dried, packaged fruits and vegetables, fruit and vegetable chips
Annual production	30 050 tons 2020 г. – 5 500 tons2021 г. – 10 000 tons2022 г. – 19 000 tons2023 г. – 28 000 tons2024 г. – 30 050 tons2025 г. – 30 050 tons
Estimated sales markets and their shares:
Internal	10% of the total
Export	90% of the total
Cost of production	0,5-3,0 USD per unit
The need for raw materials (per year)	100 thousand tons of fruits and vegetables
Market volume	Total market demand Uzbekistan – 8.9 million tons (4.45 billion dollars), Russia and the CIS – 83.3 million tons (85.0 billion dollars), China – 499.8 million tons. (300.0 billion dollars)
Expected market share	Uzbekistan – 0.07% Russia, CIS and PRC – 0.004%
Main competitors	In Andijan region – Navigul Agro LLC (50000 tons/year), Inter Agro Fresh LLC (3000 tons/year);In Tashkent city – LLC Gold Dried Fruits Export (10000 tons/year);In Fergana region – Golden Apple LLC (9000 tons/year);In Surkhandarya region – Gold Dried Fruits Export (10 000 tons/year);In Tashkent region – Highway Logistics Center LLC (10000 tons/year)
Main competitive advantages	Quality and low cost of production
Основные целевые группы потребителей	Все категории населения
Структура сбыта по целевым группам потребителей	Все категории населения
Pricing strategy	Export Price Estimated competitor main initiator (tn/thousand doll.) (tn/thousand doll) Fruits 1,000.0 820.0 Vegetables 500.0 320.0 Chips (Fruit and vegetable) – 20 000.0
The cost structure of the final product	Agricultural raw materials 57.1% Depreciation 6.5% Other costs 5.9% Salary 1.8% Markup 28.7%
Availability of patents, licenses, certificates in accordance with current legislation	There is a patent for production technology and a certificate for finished products.
Availability of a formed base of potential customers with a confirmed willingness to purchase products	EU and CIS countries, UAE
Availability of marketing research	Available
Presentation component of the project	Available in electronic format * .pdf
Additional Information	Enterprises that attract foreign direct investment and specialize in manufacturing products (services) are exempt from paying corporate income tax, property tax, single tax for micro and small enterprises, as well as mandatory contributions to the Republican Road Fund, which are provided at the volume of private foreign direct investment: from 300 thousand USD to 3 million USD – for a period of 3 years; over 3 million USD to 10 million USD – for a period of 5 years; over 10 million USD – for a period of 7 years. (Decree of the President of the Republic of Uzbekistan DP-3594 of 11.04.2005). – The minimum volume of the share of foreign investments in the authorized capital of an enterprise with foreign investments was reduced from 30 to 15 percent. – The requirements for the mandatory participation of a foreign legal entity as a participant in an enterprise with foreign investments have been abolished. – The minimum volume of the authorized capital of an enterprise with foreign investments was reduced from 600 million UZS to 400 million UZS. (about +/- 50.0 thousand dollars at the rate of the Central Bank of the Republic of Uzbekistan on the day of investment) – The volume of the state duty for state registration of enterprises with foreign investments was reduced three times; – The obligatory procedure for concluding export contracts for fruits and vegetables at prices not lower than the prices published by Uzagroexport JSC was canceled.
Project risks	The risk of non-compliance with the established parameters of the feasibility study of the project and/or the Business Plan in terms of the planned revenue receipt; – The risk of an increase in construction time when the project is not timely financed;- the risk of unforeseen political and economic changes in the world, changes in world prices for raw materials, materials and components, as well as finished products.

Production technology and parameters of main equipment

Depends on the investor’s preferences

Type of equipment	Refrigeration complex – Frigo Dinamic (Netherlands),Shock freeze – OctoFost freezer (Sweden),Processing lines – Bucher, Kingspan, Bigtem, Isocell. (Germany, Turkey, Italy),ASCENT DESIRE DEVELOPMENT LIMITED (China)Greenhouse equipment – ULMA, MSC (Spain)
Country of origin	Netherlands, Sweden, Germany, Turkey, Italy, China, Spain
Productivity	Processing of 100.0 thousand tons of agricultural products per year
Cost	40,0 million dollars
Power usage	480 000 kW/year
Installed power	Not available
Overall dimensions of the equipment	Not available
Main equipment weight	Not available
Main equipment units (lines)	Not available
Working hours per year	4 800
Work cycle	2 shifts
The frequency of scheduled preventive maintenance (SPM)	Not available
The number of people involved in production process and their functions	400 persons

Версия для слабовидящих

Organization of agrological center for storage, sorting, processing, drying, shock freezing and export of fruits and vegetables

ID# 4

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