Project Brief on Cold Storage
Project Brief Project Proponent Project Address Project Cost
: : : :
A 4,500 MT Cold Storage Facility
CIDI-VFII, Ltd. Fishport, Tambler, GSC PHP 40,000,000
I - Introduction CIDI-VFII, Ltd. is the firm‟s proposed name. It is a joint venture between Ramses Y. Verano of the Veres Fishing Industries, Inc., awardee of a 5,000 sq.m. prime lot, situated at the Fishport, Tambler, General Santos City, and Crystal Ice Depot, Inc. of Cubao, Quezon City, M.M., which markets a Canadian-developed ice-making equipment under SUNWELL brand.
With the state-of-the-art ice-making technology of Crystal Ice Depot, Inc. (CIDI), coupled with a quarter of century marketing experience of Ramses Verano in the industry, the new business duo shall certainly become a company to watch in Gensan‟s fast moving agri-based economy.
Having been fully convinced of the viability, profitability and timely entrance of the proposed project, CIDI-VFII. Ltd. is now on its final implementation stage.
The project is scheduled to begin on the 2nd week of June , 1999 (see: Annex A ).
Feasibility Study on Deepchill Ice Plant at the Fishport, Tambler, General Santos City - by Frank Ll. Dalapo, MBA
1
II - Projected Financial Statements covering the term of the loan
Collaterals for the proposed loan shall include the following:
Table 2.1 Collaterals
Fixed Assets to be acquired Land Improvements Buildings Miscellaneous Equipments Additional collateral Land (7.6 has. coco plantation) Total Cost 753,307 800,000 500,000 Loan Value 40% 40% 40% Sub-total 301,323 320,000 200,000
7,060,000
50 %
3,530,000
9,113,307
821,323
Total loanable amount (Rounded off to)
PHP 4,000,000 ===========
Based on the projected income statement, the proposed project has an average net income of PHP 17,587,000 in a 5-year period operation vis-a-vis a total investment of PHP 15,000,000.
Feasibility Study on Deepchill Ice Plant at the Fishport, Tambler, General Santos City - by Frank
: : : :
A 4,500 MT Cold Storage Facility
CIDI-VFII, Ltd. Fishport, Tambler, GSC PHP 40,000,000
I - Introduction CIDI-VFII, Ltd. is the firm‟s proposed name. It is a joint venture between Ramses Y. Verano of the Veres Fishing Industries, Inc., awardee of a 5,000 sq.m. prime lot, situated at the Fishport, Tambler, General Santos City, and Crystal Ice Depot, Inc. of Cubao, Quezon City, M.M., which markets a Canadian-developed ice-making equipment under SUNWELL brand.
With the state-of-the-art ice-making technology of Crystal Ice Depot, Inc. (CIDI), coupled with a quarter of century marketing experience of Ramses Verano in the industry, the new business duo shall certainly become a company to watch in Gensan‟s fast moving agri-based economy.
Having been fully convinced of the viability, profitability and timely entrance of the proposed project, CIDI-VFII. Ltd. is now on its final implementation stage.
The project is scheduled to begin on the 2nd week of June , 1999 (see: Annex A ).
Feasibility Study on Deepchill Ice Plant at the Fishport, Tambler, General Santos City - by Frank Ll. Dalapo, MBA
1
II - Projected Financial Statements covering the term of the loan
Collaterals for the proposed loan shall include the following:
Table 2.1 Collaterals
Fixed Assets to be acquired Land Improvements Buildings Miscellaneous Equipments Additional collateral Land (7.6 has. coco plantation) Total Cost 753,307 800,000 500,000 Loan Value 40% 40% 40% Sub-total 301,323 320,000 200,000
7,060,000
50 %
3,530,000
9,113,307
821,323
Total loanable amount (Rounded off to)
PHP 4,000,000 ===========
Based on the projected income statement, the proposed project has an average net income of PHP 17,587,000 in a 5-year period operation vis-a-vis a total investment of PHP 15,000,000.
Feasibility Study on Deepchill Ice Plant at the Fishport, Tambler, General Santos City - by Frank