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Author Topic:   Joint venture project for leather and leather goods
ulint
Full Member

Posts: 85
From:Dhaka, Bangladesh
Registered: May 2007

posted 08-07-2009 05:11     Click Here to See the Profile for ulint   Click Here to Email ulint     Edit/Delete Message
Dear Madam/Sir,
We have already finalized a back-to-back deal with Messrs Banzai splo. sro of Czech republic for the export of Tannery machineries to Bangladesh and Messrs Maxini Pezinok of Slovakia for import of Bangladeshi goods such as leather, leather products, jute products, tea frozen shrimps and miscellaneous items against this deal for the amount of USD 10 Million.
We are looking for importers of Leather, Leather products, Tea, Frozen Shrimps and other miscellaneous items world wide for export from Bangladesh against this back to back deal in order to safe their L/C opening expenditures as well as they can enjoy 4-6% discount/commission against utilization of this funds. Because, we can ship the goods any third Countries of the world against this back-to-back deal without any more L/C from the customer side and they can just issue a confirmation letter to the L/C applicant/applicant’s bank that they will receive the export documents on first presentation to their bank.
Re: Quality, We are always serious to maintain our quality of standard to satisfy our valued customers for our world wide good reputation. As well as they can send their representative for inspection of the goods before shipment. This back-to-back deal is valid for transaction till 31.12.2009 and would be extended as per mutual agreement of all parties.
On the other hand, we are also looking for a joint venture partner in order to make 100% export oriented project for crust, finished leather and leather goods including shoes and leather garments in our Country. As we have a 66.75 decimal fantastic land in Mymensingh area it is 140 kilo meter away from Dhaka and this land is situated along the highway that's why the land area can be used for this purposes and the land area can be extended if needed.
Presently Bangladesh Govt. providing good facilities for the joint venture project as follows:-
Tax holiday up to 5 to 7 years depending on locations.
Duty free import and back to back L/C facilities and loans up to 90% of sale agreement.
Double taxation avoidance with the countries to whom having bilateral agreements.
GSP facilities for least developing countries.
17.5% Cash incentives for leather/ footwear, crafts, goods and garments.
Working capital is available @ 7.5% interest.
100% foreign equity and full repatriation of capital is allowed.
Full working capital loans from local banks.
Protection for foreign investors ensures by the government act 1980 against expropriation.
Cost comparison on 21 Asian cities by WTO and JETRO.
Labor cost is very cheaper comparatively then the other Asian Countries.
World Bank: - www.doingbusiness.org
BEPZ: - www.epzbangladesh.org.bd
BOI: - www.boibd.org
Central bank: - www.bangladesh-bank.org
Your early co-operation will be highly appreciated.
Best regards
Moazzem Hossain
United Leather International
For other detail about us please visit our website: www.ulint.com

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