With the experience of over 20 years in the same line of business, he brings his managerial skills and an in-depth understanding of the production process and the market of the products. Abdur Rehman Mian, the other sponsor has over three decades of experience as an engineer with multinational companies. Currently he is representative of Turkmenistan Government in Lahore. He contributes columns in national English dailies and has written some good books. The remaining investment would be required from the foreign partner in the form of equity participation.
Joint venture is sought with related buy-back and equipment purchase arrangements.
The equity injected by the foreign partner shall be utilized for purchase of machinery necessary for printing, bleaching, singing, stinting, aging, mercerizing, rolling and bail pressing. The local sponsor would fulfill pre-operational expenditures and working capital requirements.