INDIA- INVEST
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(Weekly update upto 1st January   1998)

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NRI Investment in West Bengal
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Rs. 50 Million  in phases for a running unit engaged in Lighting Fittings, Lighting, Electronics and in Export business with orders in hand . Please contact Fax: -91-33-2497455
 
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Madhya Pradesh Financial Corporation (MPFC)
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Enquiries solicited for purchase of Shoddy Yarn Manufacturing Unit
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Land-13 acres, free hold, Building-445 sq.mts, location -Agra-Bombay Road, Dhani, Dhar (M.P). Plant & Machinery- Ring frame, dobbler machine, yarn winding machine, weighing machine, workshop machine, rag tearing machine, transformer, garment machine, harnest machine, dusting machine. Capcity of the Plant - 1200 spindles per annum.

For further details contact: Dy. General Manager, Madhya Pradesh Financial Corporation, Indore Zone -II, Navratan Bagh, Indore - 452001, Phones: (0731) 493492, 491247, Fax: 495695.

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5 Star Hotel Opportunity at Jaipur
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12,500 Sq.m of prime land available at Jaipur for setting up a delux 5- Star Hotel . Owner interested to negotiate with large national and international chains for Joint venture / Management Contract.
Please write with details to: Chairman , Saka Impex Pvt. Ltd., 345, Ganpati Plaza, M.I Road, Jaipur - 302 001 Fax: 91-141-364602.
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Investment Required for Stainless Steel Company
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A sick Stainless Steel & Alloy Steel Rolled Product Company,  melting capacity 72500 M.T per annum and Rolling Mill capacity 150000 M.T per annum requires investment for rehabilitation to avail of  BIFR  package. The package is likely to be very attractive with lucrative returns. The company has pioneer status for sale tax exemption of Rs.220 Million & Electrical Duty Exemption for 5 years. The connected energy load is 12500 KVA. The company has assets worth of more than Rs.390 Million. Expected turnover of Rs.150 Crores annum. Genuine investment proposal from Investors, Corporate sector, NRI, upto Rs. 40 Million are invited. The company shares are already listed in Ahmedabad, Rajkot and Bombay Stock Exchange.

Contact: Box No. D-211, The Economic Times, Ahmedabad.

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Beach  Resort for Sale.
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PaPartially completed four storied beach resort at Papanasam Beach, Varkala, Trivandrum with Sea Facing 24 rooms (8 suites & 16 Double rooms) with telephones, electricity and water connections. Work can be completed within 3 months

ContactContact : V. Suresh, Anandam Keston Enclave, Vellayambalam, Trivandrum, Kerala.
Tel: 0471-331643 (Off),  0471-434641 (Res) ,  Fax 0471-330151.
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International Mining Company in Zambia needs
Moulds, Expertise & Personnel for Casting Steel Billets or Ingots
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Contractors for Dismantling Large Steel Structures.
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Business Parties:-  A Blue Chip International Mining Company based in Zambia is inviting parties to undertake the following .

1. Estimate and dismantle Large Steel Structures, Bins, Hoppers, Gear Boxes, Motors, Transformers from a closed down mine which was in operation till 1995.
Cutting of the above steel structures to suitable pieces for steel melting purposes.

2. Provide a new or suitable moulds and required technical expertise and melting personnel for casting steel billets or ingots.
One or two fifteen tonne electric arc furnace with five MVA capacity and all consumable will be made available.

Proposals are invited in writing for items 1 and 2 either separately or as a package. Existing scrap steel manufacturing companies willing to enter into a buy back arragement will be preferred. Please forward  your interest within two weeks. Short listed companies will be provided with a video of the scrap site and invited for discussions.

Please respond to the Managing Director. QMEL, P.O. Box 36283, Lusaka, Zambia, Fax: 260-1-264482.
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Business Opportunity in U.A.E
Ajman Free Zone (20 km. from Dubai)
New Infrastructure, complete with "GENERAL TRADING LICENSE"  to handle any item, extra manufacturing license for COSMETIC  items (can be changed) . Warehouse & Office (3000 sqft).  Owner Indian born , German  national, 25 years business experience , Hamburg-Freeport (Germany),  excellent German Bank reference,  seek  challenging Job/Agency/Manufacturing/Collaboration/Distribution etc.
Fax: + 9714661679, Mobile:+97150624409, Address: P.O Box. 56015, Dubai.
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Borrowers: Foreign Currency Loans
We are Financial Consulting Company with a strong presence in Singapore and with the ability to arrange foreign Currency loans at attractive interest rates.  Parties who are interested  in such loans and who have a sucessful track record,  a commercially viable project and who can offer adequate security,  may please contact:
Fax No. 080 - 2243404. Ph. 22543297, 2242555.
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Financial Requirements for Hospital Project
Opportunity of financial collaboration /investment for NRI/Doctors/Corporate houses in 120 bedded multispeciality hospital project coming-up in east Delhi on 2 acre approved land acquired from DDA.
Contact: G. K Consultants Ltd., 187-A, G.K House, Sant Nagar, East of Kailash, New Delhi- 110065, Fax No.:011-6489299/011-2471659.
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  Industrial Land for sale in Bangalore
About 10 acre prime industrial land in Bangalore city available for sale / long term lease. Financially  sound & Genuinely Interested parties are requested to contact:
Mr. Shivkumar/ A. Vali, 080-5587400; 5598857.
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Offer for Multinationals
Available running organic chemical plant within 65 k.ms. from Bombay in MIDC.  Ready infrastructure, Laboratory,  R&D and Machineries including glasslined S.S.,  MS/RL,  MS/Lead bonded, Brick lined reactors, 5,000 to 20,000 litres capacity in working condition. The unit is available without liabilities  for Takeover/ Merger.  Intersted Parties Fax to: (022) 882-2887
 
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Praga Tools Limited
( A subsidiary of HMT Limited, a Govt. of India undertaking)
Invitation for Jont venture Partnersship
SSKI Corporate Finance Pvt. Limited ("SSKI") has been retained by Praga Tools Limited , a manufacturer  of machine tools and components, to obtain, evaluate and  recommend proposals for Indian, Non Resident Indian or foreign participation in the modernisation/ expansion of its production facilities along with the upgradation of production technology.

The company is willing to offer majority equity stake to, and allow management participation by the Joint Venture  partner. Response is solicited from interested  parties/ companies fulfilling the following criteria:

How to apply
Parties fulfilling the above criteria may send in non-binding expressions  of interest comprising :
1. A profile of the corporate / business group-include details of Technical/ Financial collaboration and exports / overseas operations if any.
2. Audited financial statements for the last three years.
The non-binding expressions of  interest should  reach SSKI Corporate finance Pvt. Ltd. at the address mentioned  herein latest within three(3) weeks from the date of this advertisement.

Information  Memorandum
 
Eligible parties will be provided with an information memorandum upon submission of draft of  Rs. 10,000 / US $ 400 from any national or international bank payable at Hyderabad  and favouring Praga Tools Ltd. The eligible parties will have to enter into a confidentiality  agreement with SSKI before the information memorandum is issued to them. The information memorandum can be obtained at the address mentioned below:
Mukesh Jain/ Vikash saraf, SSKI Corporate Finance Private Limited, 703-704,  Tusiani Chambers, Free Press Journal Marg, Nariman Point, Mumbai-400021, Tel : 91-22-28305424/5425/5659. Fax:91-22-204 0282

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ICICI   invites offers for rehabilitation of a company engaged  in the manufacture of frozen vegetables and foods at Madanapalle in Andhra Pradesh
The Industrial Credit and Investment Corporation  India Ltd  (ICICI)  as  an operating agency (OA) of the Board for Industrial and Financial Reconstruction  (BIFR)  invites offers for rehablitation of a sick company with facilities for manufacture of 24,000 tonnes per annum of frozen vegetables and 6000 tonnes per annum of Indian delicacies at Madanapalle in Chittoor District,  Andhra Pradesh. The rehablitation proposals may include proposal for sale of assets / takeover/merger.

The Operating Agency will be guided, inter alia, by the following main considerations while evaluating the offers from the interested parties:

The Operating Agency (OA) reserves the right to accept or reject any offer without assigning any reason.
Interested parties may submit their proposals within 21 days from the date of this advertisement to: Shri P.J Sarma, Zonal Manager, Industrial Credit and Investment Corporation of India Limited. 4 th floor, L.B Bhavan, 6-3-550, Somajiguda, Opp. Medinova, Hyderabad 500 082. Phone No. 3328071-75, Fax:3328070.

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              Attractive Proposition