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January 1999 

CONSTRUCTION OF REFRIGERATOR TERMINAL IN VANINO SEAPORT.

INITIATOR OF THE PROJECT: 

• Marine Administration: "Vanino and Sovietskaya Gavan Seaports", Address: 2, Zheleznodorozhnaya Str., Vanino, Khabarovsk Krai, 682860, Russia. Director Anatoly G. Klimov
• Shareholders: State enterprise
• Payroll - 153 employees
• Products: Port services
• Markets: Russian and foreign shipping companies
  (US$)

• 	Assets	Fixed asstes	Gross sales
  1995	14,038,184	10,420,697	1,454,385
  1996	17,764,090	13,170,620	2,390,152
  1997	23,131,636	17,820,500	3,670,775

  PROJECT INFORMATION: 

• Target: Construction of refrigerator warehouses facilities for food products.
• Products: 80,000 tons of fish products, 20,000 tons of raw meat, vegetables and fruits per year. Vanino and Sovetskaya Gavan are main transit sea ports for cargo delieries to the Russian Far Eastern region.
• Markets: Russian and foreign trading and export/import companies.
• Project's Readiness: Business Plan and other documentation are available.

FINANCIAL DATA OF THE PROJECT: 

• Required Investment: US$ 11.0 million
• Forms of Cooperation: Joint Venture
• Guarantee: Negotiated, mortgage is possible.
• Return Period: 6.2 years.
• Profitablility: 20 %.
• Investment return: Money

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