Post on 27-Mar-2016
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investSamoa conference 2012
PULLMAN HOTEL, AUCKLANDSEPTEMBER 20th – 21st 2012
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About This Report
Published by the Trade commission of Samoa in new Zealand on the occasion of the first Samoa Investment conference in Auckland, new Zealand, September 2012. Information in this brochure has been compiled by the Trade commission of Samoa. The publication is sponsored by Pacific Islands Trade & Invest’s new Zealand office, in meeting editorial, designing and printing costs. Pacific Islands Trade & Invest is the Pacific Islands forum Secretariat’s trade commission based in new Zealand, Australia, china and Japan.
Disclaimer
All figures relating to roI (return on Investment) are guesstimates and have been supplied by third parties. Investors are advised to make their own independent assessments as to the viability of the projects published in this brochure. consequently, the publisher and editors of the publication are not responsible for any claims made as regards individual projects in this brochure.
Image Credits
Images on pages 1,2,4,5 and 19 courtesy Samoa Tourism AuthorityAll other images: Dev nadkarni, Pacific Islands Trade & Invest nZ
Contents
1 Foreword from the Prime Minister 2-20 Project Profiles 21 Request for expression of interest
1
It is with great pleasure that I welcome investors to this first ever InvestSamoa conference in Auckland, new Zealand.
FoRewoRD FRoM The PRIMe MInISTeR oF SAMoA
Samoa being a Pacific island country offers the discerning investor unique opportunities and provides a well regulated commercial environment conducive for doing business. Samoa is also integrated into the global trading system and is a member of important international trade agreements.
Tourism forms the major part of the suite of projects included in this booklet. These range from projects still in the planning stage to those already in operation; projects below SAT$1million to those well above SAT$10million; from home stay and wellness sanctuary projects, to beach and art resorts and moving up to large hotels and even a national park. There is a range for the investor to choose from.
In Agriculture there are projects in cocoa/coconut rehabilitation and frangipani oil extraction.
In Manufacturing, projects range from gluten-free flour production from breadfruit, herbal teas and snacks, to chocolate and cocoa drinks production from Samoan cocoa.
And finally in Finance there is opportunity in the Unit Trust of Samoa for the individual or groups who want to invest through this dynamic facility.
It is our sincere hope that you would be able to invest in Samoa and look forward to working with you to transform opportunities into high value assets that mutually benefits your companies and our country.
Hon. Tuilaepa Fatialofa Lupesoliai Sailele MalielegaoiPrime Minister
PRoJeCT PRoFILeS
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PRoJeCT PRoFILeS
PRoJeCT nUMBeR 1
TITLe wilex Samoa Koko Samoa Project
InDUSTRy/SeCToR Manufacturing/Agro-processing
LoCATIon Lelata, Apia, SAMoA
BRIeF DeSCRIPTIon Project focuses on products including beverages and snacks like Instant Koko Samoa-natural; Instant Koko Samoa- Chocolate Drink; natural Sugar-free Koko Samoa and Koko Samoa Roasted nibbs. These are cocoa powder based products. Seeking investors/partners in nZ to market products there.
DeveLoPMenT STAge Marketing and product testing has started. will start to produce chocolates in September 2012
yeARS CoMPAny In oPeRATIon Since 1998
FULL TIMe eMPLoyeeS 15
PART TIMe eMPLoyeeS 5 – 10
LAnD TenURe CATegoRy Leasehold land (20 years)
DoCUMenTATIon STATUS Registered Company
BUSIneSS LICenSe STATUS we are processing business license for the project
BUSIneSS PLAn STATUS There is a business plan
UP To DATe FInAnCIAL STATeMenTS? yes
MARKeTIng MATeRIALS Business cards; Brochures; Banner; website www.wilexsamoa.net
FUnDS neeDeD nZD$300,000
TyPe oF InveSTMenT SoUghT Joint venture/equity Participation
ReTURn on InveSTMenT? 30% plus
ConTACT DeTAILS eddie wilson; Ph: (685)26726 email: eddie@wilexsamoa.net
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PRoJeCT PRoFILeS
PRoJeCT nUMBeR 2
TITLe Unit Trust of Samoa (UToS)
InDUSTRy/SeCToR Finance Sector – Investment Fund
LoCATIon Apia City, 7th Floor, Central Bank of Samoa
BRIeF DeSCRIPTIon Targeting Samoan individuals, business people, and groups in nZ to invest in UToS. Aim to get 200 investors in the 2012 – 2013 Financial year. our targets are businesses and groups wanting to invest to access a range of investments and at the same becoming shareholders of privatised Soes in Samoa
DeveLoPMenT STAge In operation (in Samoa)
yeARS CoMPAny In oPeRATIon 2
FULL TIMe eMPLoyeeS 6
PART TIMe eMPLoyeeS -
LAnD TenURe CATegoRy government land
DoCUMenTATIon STATUS Registered Company with govt
BUSIneSS LICenSe STATUS Current valid business license
BUSIneSS PLAn STATUS yes, have a business plan
UP To DATe FInAnCIAL STATeMenTS? yes
MARKeTIng MATeRIALS website: www.utos.ws ; Facebook; Folders & Prospectus; newsletters
FUnDS neeDeD As much as investors would like to invest in UToS units
TyPe oF InveSTMenT SoUghT Joint venture/equity participation based on UToS guidelines
ReTURn on InveSTMenT? 16% and above
ConTACT DeTAILS Ceo: Sau Justina Sau; Ph: (685) 34385; email: justina.sau@utos.ws
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PRoJeCT nUMBeR 3
TITLe Cocoa/Coconut Plantation Rehabilitation
InDUSTRy/SeCToR Agriculture
LoCATIon vaisala village, Savaii Island, SAMoA
BRIeF DeSCRIPTIon 100 acres of Trintario and Criollo cocoa varieties. need to replant and rehabilitate plantation at this stage using existing high value planting materials on site. These are pure strands of Criollo and Trintario and it is timely to exploit the growing demand of these cocoa varieties.
DeveLoPMenT STAge In operation
yeARS CoMPAny In oPeRATIon 50+ years
FULL TIMe eMPLoyeeS 15 boys and men
PART TIMe eMPLoyeeS -
LAnD TenURe CATegoRy Customary land
DoCUMenTATIon STATUS not registered (n/A)
BUSIneSS LICenSe STATUS not licensed
BUSIneSS PLAn STATUS no business plan
UP To DATe FInAnCIAL STATeMenTS? no
MARKeTIng MATeRIALS none
FUnDS neeDeD $nZ 100k – 150k
TyPe oF InveSTMenT SoUghT grant, loan or joint venture
ReTURn on InveSTMenT?
ConTACT DeTAILS Kolone vaai; Ph (685)58016; email: vaisalahotel@samoa.ws
PRoJeCT PRoFILeS
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PRoJeCT PRoFILeS
PRoJeCT nUMBeR 4
TITLe Industrial Processing Centre for gluten-free Flour from Breadfruit
InDUSTRy/SeCToR Manufacturing
LoCATIon Apia, Samoa
BRIeF DeSCRIPTIon overabundance of Samoan breadfruit - a huge untapped resource for value-added processing. Aim is to establish a medium- scale operation for flour production and expand the market for processed breadfruit and develop efficient supply chains. Flour mill to have an initial capacity of 72 tonnes pa. great potential lies in that the international market for gluten-free flour represents a fast growing high value market
DeveLoPMenT STAge Pre-commercial trials & assessment of flour production from fresh breadfruit completed; assessment of drying systems started
yeARS CoMPAny In oPeRATIon 5 going on 6
FULL TIMe eMPLoyeeS 32 – Ceo and 31 technical staff
PART TIMe eMPLoyeeS 14 casuals
LAnD TenURe CATegoRy Leasehold land – long term with government of Samoa
DoCUMenTATIon STATUS A registered beneficiary body with govt
BUSIneSS LICenSe STATUS no
BUSIneSS PLAn STATUS Business plan for centre being developed; cost analysis completed
UP To DATe FInAnCIAL STATeMenTS? yes (2010/2011)
MARKeTIng MATeRIALS Business cards; info memorandum; brochures: www.sros.org.ws
FUnDS neeDeD $nZ 300,000
TyPe oF InveSTMenT SoUghT Joint venture or grant
ReTURn on InveSTMenT? willing to discuss latest results based on analysis of production cost
ConTACT DeTAILS Tilafono D hunter; Ph: (685)20664; email: tilafono@sros.org.ws
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PRoJeCT nUMBeR 5
TITLe herbal Teas with a Functional Twist – Snacks with a natural Functional Twist
InDUSTRy/SeCToR Manufacturing (value added products from the land)
LoCATIon Apia, Upolu Island, SAMoA
BRIeF DeSCRIPTIon we make green tea from nonu, papaya and soursop leaves – 3 different flavours and colours. The market is herbal teas and we are the only Samoan company serving Japan and China. need to invest in greater mass and more consistent production. Furthermore to use the fruits papaya and soursop to supply the Australasia market with 100% natural products having no added ingredients and sugar.
DeveLoPMenT STAge Samples generated and products market tested ready for mass production
yeARS CoMPAny In oPeRATIon 24 years as food manufacturers; 60 years as manufacturers
FULL TIMe eMPLoyeeS 28
PART TIMe eMPLoyeeS 20 farmers supplying the company
LAnD TenURe CATegoRy Freehold land
DoCUMenTATIon STATUS Registered with govt
BUSIneSS LICenSe STATUS Licensed for Manufacturing and wholesale
BUSIneSS PLAn STATUS yes, have a business plan
UP To DATe FInAnCIAL STATeMenTS? yes
MARKeTIng MATeRIALS Business cards, website, information memorandum, brochures
FUnDS neeDeD US $2million (for 25% shareholding)
TyPe oF InveSTMenT SoUghT Joint venture and equity participation
ReTURn on InveSTMenT? 15%
ConTACT DeTAILS Papalii grant Percival; Ph: (685)7774325; em: percival@ipasifika.net
PRoJeCT PRoFILeS
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PRoJeCT PRoFILeS
PRoJeCT nUMBeR 6
TITLe Samoan Frangipani oil
InDUSTRy/SeCToR Agriculture
LoCATIon Apia & Saoluafata, Upolu, SAMoA
BRIeF DeSCRIPTIon The project involves extraction of pure oil from Frangipani flowers (Plumera obtusa), then bottled and sold or marketed online. Frangipani thrives well in Samoa with no pests or diseases thus saving on maintenance and fertilizers. The plants last over 20 years. They grow on most rocky or soil surfaces, but not wet swampy land.
DeveLoPMenT STAge not yet started
yeARS CoMPAny In oPeRATIon Doing essential oils as a hobby over many years, but non-commercial
FULL TIMe eMPLoyeeS -
PART TIMe eMPLoyeeS -
LAnD TenURe CATegoRy Apia – 4 acres freehold; Solaua – 980 acres leasehold
DoCUMenTATIon STATUS Registered as Solaua Farms Ltd with govt
BUSIneSS LICenSe STATUS Solaua Farms Ltd (agriculture is tax free under Samoan law)
BUSIneSS PLAn STATUS yes, have a business plan
UP To DATe FInAnCIAL STATeMenTS? not for the proposed frangipani oils project.
MARKeTIng MATeRIALS All marketing materials produced by my printing company
FUnDS neeDeD nZ $2,780,000 (Distillation plant, operation machinery etc.)
TyPe oF InveSTMenT SoUghT Low interest loan
ReTURn on InveSTMenT?
ConTACT DeTAILS Michael von Reiche; (685) 7209911; michaelvonreiche@gmail.com
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PRoJeCT nUMBeR 7
TITLe vaisala hotel Restructuring/Remodelling
InDUSTRy/SeCToR Tourism
LoCATIon vaisala village, Savaii Island, SAMoA
BRIeF DeSCRIPTIon A family run business in operation since 1983. hotel was devastated by 3 cyclones of 1990, 1991 and 2004. It is situated in one of the best locations in Samoa with a private beach and is quite secluded. Proposing to upgrade the hotel to a higher end market. Lack of funds is the current constraint. Australia & nZ have been our big markets.
DeveLoPMenT STAge In operation
yeARS CoMPAny In oPeRATIon 29
FULL TIMe eMPLoyeeS 22
PART TIMe eMPLoyeeS -
LAnD TenURe CATegoRy Customary land
DoCUMenTATIon STATUS Registered with govt
BUSIneSS LICenSe STATUS Licensed business
BUSIneSS PLAn STATUS yes, we have a business plan
UP To DATe FInAnCIAL STATeMenTS? no
MARKeTIng MATeRIALS website; brochures; advertisements
FUnDS neeDeD nZ$ 3 million – $6 million
TyPe oF InveSTMenT SoUghT Partnership, Loan or grant
ReTURn on InveSTMenT?
ConTACT DeTAILS Kolone vaai; Ph: (685)58016; email: vaisalahotel@samoa.ws
PRoJeCT PRoFILeS
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PRoJeCT PRoFILeS
PRoJeCT nUMBeR 8
TITLe eteline homestay: Renovations and Upgrade
InDUSTRy/SeCToR Tourism
LoCATIon Apia, Samoa
BRIeF DeSCRIPTIon A family owned business catering to the backpacking market as well as expatriates for long-term accommodation close to town. Ideally located near Apia Sports Park and Un compound at Matautu-uta. need funds to renovate/upgrade self-contained units (3)
DeveLoPMenT STAge In operation
yeARS CoMPAny In oPeRATIon 5 years
FULL TIMe eMPLoyeeS 2
PART TIMe eMPLoyeeS 3
LAnD TenURe CATegoRy Customary land
DoCUMenTATIon STATUS Registered with govt
BUSIneSS LICenSe STATUS Short Term Accommodation Activities
BUSIneSS PLAn STATUS yes, have a business plan
UP To DATe FInAnCIAL STATeMenTS? yes
MARKeTIng MATeRIALS Brochures, print ads, business cards
FUnDS neeDeD nZ$100,000
TyPe oF InveSTMenT SoUghT equity participation/grant/Loan
ReTURn on InveSTMenT? 10%
ConTACT DeTAILS Faleata Asi; Ph (685)23744;
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PRoJeCT nUMBeR 9
TITLe Faofao Beach Resort
InDUSTRy/SeCToR Tourism
LoCATIon Saleapaga, Lepa, Upolu, SAMoA
BRIeF DeSCRIPTIon A family owned resort in an ideal location on the south east of Upolu Island. It is fronted by white sandy beach and is away from the bustle and hustle of town life. very ideal for tourists wanting to get away for a relaxing holiday.
DeveLoPMenT STAge In operation
yeARS CoMPAny In oPeRATIon 20+ years
FULL TIMe eMPLoyeeS 14
PART TIMe eMPLoyeeS 4
LAnD TenURe CATegoRy Customary land
DoCUMenTATIon STATUS Registered business
BUSIneSS LICenSe STATUS Beach resort license
BUSIneSS PLAn STATUS yes with Samoa hotel Assoc
UP To DATe FInAnCIAL STATeMenTS? yes
MARKeTIng MATeRIALS website and word of mouth by our guests
FUnDS neeDeD $nZ 80,000
TyPe oF InveSTMenT SoUghT grant
ReTURn on InveSTMenT?
ConTACT DeTAILS Koroseta Legalo: Ph: (685)7726693
PRoJeCT PRoFILeS
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PRoJeCT PRoFILeS
PRoJeCT nUMBeR 10
TITLe Aganoa Beach Retreat
InDUSTRy/SeCToR Tourism
LoCATIon Aganoa Beach, Faala, Palauli, Savaii Island, SAMoA
BRIeF DeSCRIPTIon have 14 fale accommodations catering mainly for surfers (nZ, Australia, USA). wish to upgrade our facilities to cater for more families and upmarket tourists. our travel agents (nZ & Australia) agree we have a unique surf destination and could better our business with upgraded accommodation. Just completed a pilot unit and very happy with the end product.
DeveLoPMenT STAge In operation
yeARS CoMPAny In oPeRATIon 9 years
FULL TIMe eMPLoyeeS 10
PART TIMe eMPLoyeeS 6
LAnD TenURe CATegoRy Leasehold (60 year lease)
DoCUMenTATIon STATUS Registered with govt
BUSIneSS LICenSe STATUS Business & Liquor license
BUSIneSS PLAn STATUS yes – completed with SBeC
UP To DATe FInAnCIAL STATeMenTS? yes
MARKeTIng MATeRIALS Business cards, brochures
FUnDS neeDeD nZ $300,000
TyPe oF InveSTMenT SoUghT Loan or grant
ReTURn on InveSTMenT?
ConTACT DeTAILS Keith Martin; Ph:(685)7586738/50180; email: savaiisurfaris@samoa.ws
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PRoJeCT nUMBeR 11
TITLe Adventure Centre
InDUSTRy/SeCToR Tourism
LoCATIon Mulifanua village, Upolu Island, SAMoA
BRIeF DeSCRIPTIon Currently operating cycle tours with plans to expand into kayaking and a retail centre. we also operate the Airport Lodge to accommodate transit/overnight travellers. Targeting new Zealand, Australian and other tourists. This is an environmentally low impact business and is 2 minutes away by car to the airport.
DeveLoPMenT STAge In operation
yeARS CoMPAny In oPeRATIon 12 years with the Airport Lodge
FULL TIMe eMPLoyeeS 27
PART-TIMe eMPLoyeeS 3
LAnD TenURe CATegoRy Freehold land
DoCUMenTATIon STATUS Registered business
BUSIneSS LICenSe STATUS Accommodations, Tours, electrical contracting
BUSIneSS PLAn STATUS yes
UP To DATe FInAnCIAL STATeMenTS? yes
MARKeTIng MATeRIALS website, brochures, business cards, sign written vehicles
FUnDS neeDeD nZ $300,000
TyPe oF InveSTMenT SoUghT grant, but open to negotiation
ReTURn on InveSTMenT? 10% in first 2 years
ConTACT DeTAILS David McLean; Ph: (685)45584; email: airportlodge@lesamoa.net
PRoJeCT PRoFILeS
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PRoJeCT PRoFILeS
PRoJeCT nUMBeR 12
TITLe over the water Restaurant and Fales
InDUSTRy/SeCToR Tourism
LoCATIon Mulifanua, Upolu Island, SAMoA
BRIeF DeSCRIPTIon To develop an over-the water restaurant and over the water fale accommodations for the tourism market, mainly nZ and Australia and Asia. we operate the Airport Lodge but would like to expand our operations to the seaside (2 acres) and over the water to provide a different Samoan experience for guests.
DeveLoPMenT STAge no over-the-water facilities yet, but 17 rooms on the land side
yeARS CoMPAny In oPeRATIon 12 years
FULL TIMe eMPLoyeeS 27
PART-TIMe eMPLoyeeS 3
LAnD TenURe CATegoRy Freehold land
DoCUMenTATIon STATUS Registered business with govt
BUSIneSS LICenSe STATUS Accommodations, Tours, electrical contracting
BUSIneSS PLAn STATUS we have a business plan
UP To DATe FInAnCIAL STATeMenTS? yes our statements are up to date
MARKeTIng MATeRIALS website; brochures, business cards, sign-written vehicles
FUnDS neeDeD nZ $600,000
TyPe oF InveSTMenT SoUghT grant but willing to negotiate
ReTURn on InveSTMenT? 10% in first 2 years and 25% after
ConTACT DeTAILS eunice McLean; Ph: (685)45584; email: airportlodge@lesamoa.net
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PRoJeCT nUMBeR 13
TITLe Zodiac Community Centre
InDUSTRy/SeCToR hospitality & Tourism
LoCATIon Motootua, Apia, Upolu, SAMoA
BRIeF DeSCRIPTIon Focus of business is supporting community activities that include teachers and artists showcasing their talents. Community classes include Samoan Language, Samoan Siva, guitar, singing, reiki and basic computer skills for children and adults. Promotion of local bands and jam nights, ava ceremonies and cultural performances.
DeveLoPMenT STAge established but not operating right now.
yeARS CoMPAny In oPeRATIon Successful operation 2008 – 2011
FULL TIMe eMPLoyeeS 1
PART-TIMe eMPLoyeeS -
LAnD TenURe CATegoRy negotiating land lease with govt at Motootua
DoCUMenTATIon STATUS Registered business
BUSIneSS LICenSe STATUS Restaurant License; Community Activity License; Liquor License
BUSIneSS PLAn STATUS Business plan being developed with mentor
UP To DATe FInAnCIAL STATeMenTS? yes
MARKeTIng MATeRIALS Facebook page; logo, email lists, t-shirts
FUnDS neeDeD nZ $52,000
TyPe oF InveSTMenT SoUghT grant
ReTURn on InveSTMenT? -
ConTACT DeTAILS Leilani Curry; Ph: (685)7771505; email: leilanicurry_22@hotmail.com
PRoJeCT PRoFILeS
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PRoJeCT PRoFILeS
PRoJeCT nUMBeR 14
TITLe Fatu Feu’u Art Resort
InDUSTRy/SeCToR Tourism
LoCATIon Iliili village, Falealili, Upolu, SAMoA
BRIeF DeSCRIPTIon To build a 7 art fales/studios, manager’s accommodation, bar and restaurant, as well as restrooms and an exhibition Fale. Also to build a sculpture park and peace gates to celebrate the heroes who gave their lives for the freedom of our people. will pitch to international artists and writers to come and sculpt, paint, write and produce film scripts for movies about Samoa. exhibitions will be held to attract international art investors.
DeveLoPMenT STAge established but not operating
yeARS CoMPAny In oPeRATIon over 30 years as a professional artist
FULL TIMe eMPLoyeeS 3
PART-TIMe eMPLoyeeS 2
LAnD TenURe CATegoRy Customary land
DoCUMenTATIon STATUS not registered yet with govt
BUSIneSS LICenSe STATUS will apply for business soon
BUSIneSS PLAn STATUS In progress
UP To DATe FInAnCIAL STATeMenTS? no as I am personally funding the project now
MARKeTIng MATeRIALS Business cards, art agents websites, and brochures
FUnDS neeDeD SAT $1.5million (nZ$ 862,000) exchange rate: 1$nZ = 1.74 wST
TyPe oF InveSTMenT SoUghT Loan or grant
ReTURn on InveSTMenT?
ConTACT DeTAILS Papalii Fatu Feu’u; (685)7700777; fatuakeleifeuu@hotmail.com
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PRoJeCT nUMBeR 15
TITLe wellness Sanctuary & eco Spa Centre, Solaua
InDUSTRy/SeCToR Tourism
LoCATIon Solaua, Saoluafata, Upolu, SAMoA
BRIeF DeSCRIPTIon Solaua is located 7 km inland from Saoluafata on the coast and is unique in its natural beauty – waterfalls, rivers, and forest birdlife; unpopulated, un-polluted and untouched since german times in Samoa. This project is eco-tourism and health empowerment concept wise and focuses on 1) a renewable energy framework 2) community employment opportunities 3) educational benefits 4) historical significance of the site.
DeveLoPMenT STAge At the concept stage
yeARS CoMPAny In oPeRATIon Solaua has been under von Reiche family over 50 years
FULL TIMe eMPLoyeeS -
PART-TIMe eMPLoyeeS -
LAnD TenURe CATegoRy Customary land
DoCUMenTATIon STATUS -
BUSIneSS LICenSe STATUS -
BUSIneSS PLAn STATUS -
UP To DATe FInAnCIAL STATeMenTS? -
MARKeTIng MATeRIALS -
FUnDS neeDeD nZ $4 million (layout, buildings, machinery, running costs etc)
TyPe oF InveSTMenT SoUghT Loan
ReTURn on InveSTMenT?
ConTACT DeTAILS Michael von Reiche; (685)7209911; michaelvonreiche@gmail.com
PRoJeCT PRoFILeS
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PRoJeCT PRoFILeS
PRoJeCT nUMBeR 16
TITLe The Big Coconut (Tusitala national Park)
InDUSTRy/SeCToR Tourism
LoCATIon vailima, Upolu, SAMoA
BRIeF DeSCRIPTIon To create a world class environ-cultural facility to showcase Samoa in an innovative manner. The park will operate in a manner which is environmentally sustainable and commercially viable. It will take into account traditional and historic aspects of culture to attract both tourists and locals to enjoy the premises
DeveLoPMenT STAge Conceptual at this stage
yeARS CoMPAny In oPeRATIon -
FULL TIMe eMPLoyeeS 6 (in nZ)
PART-TIMe eMPLoyeeS 4 ‘freelance’ part timers
LAnD TenURe CATegoRy Leasehold land
DoCUMenTATIon STATUS government support
BUSIneSS LICenSe STATUS -
BUSIneSS PLAn STATUS -
UP To DATe FInAnCIAL STATeMenTS? -
MARKeTIng MATeRIALS -
FUnDS neeDeD nZ $300,000
TyPe oF InveSTMenT SoUghT grant
ReTURn on InveSTMenT?
ConTACT DeTAILS David Riddel; (649) 3794609; dave@electricart.co.nz
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PRoJeCT nUMBeR 17
TITLe Puleia Savaii Investment Project
InDUSTRy/SeCToR Tourism
LoCATIon Puleia, Savaii
BRIeF DeSCRIPTIon There is 30 acres of freehold prime virgin land with a coastal frontage an ideal location for an environment friendly tourist project of a mutually-negotiated design that would enhance the property’s pristine sea and natural environment as well as provide a venue for showcasing local talents, cultural practices and locally designed arts and handicrafts for the benefit of tourists.
DeveLoPMenT STAge not yet started
yeARS CoMPAny In oPeRATIon -
FULL TIMe eMPLoyeeS -
PART-TIMe eMPLoyeeS -
LAnD TenURe CATegoRy Freehold
DoCUMenTATIon STATUS -
BUSIneSS LICenSe STATUS -
BUSIneSS PLAn STATUS Dependent on the mutually-negotiated design of the project
UP To DATe FInAnCIAL STATeMenTS? -
MARKeTIng MATeRIALS -
FUnDS neeDeD SAT15 million – SAT20 million
TyPe oF InveSTMenT SoUghT Partnership (Joint venture, equity Participation), Loan or grant
ReTURn on InveSTMenT? 5 % per annum but is open to negotiation.
ConTACT DeTAILS Karoline Fuatai , (685)7283413; kafuatai@yahoo.com
PRoJeCT PRoFILeS
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PRoJeCT PRoFILeS
PRoJeCT nUMBeR 18
TITLe Muatau Lodger Investment Project
InDUSTRy/SeCToR Tourism
LoCATIon Toomatagi, Apia, Upolu, SAMoA
BRIeF DeSCRIPTIon
DeveLoPMenT STAge Conceptual at this stage
yeARS CoMPAny In oPeRATIon -
FULL TIMe eMPLoyeeS 6 (in nZ)
PART-TIMe eMPLoyeeS 4 ‘freelance’ part timers
LAnD TenURe CATegoRy Leasehold land
DoCUMenTATIon STATUS government support
BUSIneSS LICenSe STATUS -
BUSIneSS PLAn STATUS -
UP To DATe FInAnCIAL STATeMenTS? -
MARKeTIng MATeRIALS -
FUnDS neeDeD nZ $300,000
TyPe oF InveSTMenT SoUghT grant
ReTURn on InveSTMenT?
ConTACT DeTAILS Karoline Fuatai ; (649) 3794609; dave@electricart.co.nz
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reQUeST for eXPreSSIonS of InTereST
TerMS of referenceWATerfronT foreSHore DeVeLoPMenT DeSIGn BAcKGroUnD
1. ProJecT cHArTer
The Government of Samoa (‘GoS’) via the Investment Committee (‘IC’) is seeking expressions of interest (‘EOI’) from interested firms to plan and develop the area around the Apia central business district (‘CBD’) waterfront area. The Apia Waterfront Development Plan (‘the Waterfront Plan’) is envisaged to propose new initiatives that will be critical to how the waterfront is to be transformed and developed.
Bidders are invited to express their interest including conceptual designs and plan of the development of the Apia waterfront according to their vision and financing. This information will be critical for the IC to evaluate the feasibility of particular proposals and for approving and progressing to the next stage. The evaluation process is designed to determine the proposals that best meet the requirements of this request. The shortlisted proposals will be invited to submit more detailed submissions.
2. DeScrIPTIon of reQUIreMenTS
The EOI should specify the subject, the relevant information about the company, including the company’s name and registration certificates; complete address including phone, fax numbers and e-mail; name and title of the contact person; information concerning the capacity (i.e. financial strength and resources) and experience of the company; company profile, previous relevant experience in the last three years in contracts for the provision of similar services of similar scope, magnitude and in a similar environment.
It is a requirement that the EOI includes a statement addressing each specific area as mentioned above and three (3) copies of the EOI must be submitted.
For further information or clarification in relation to this request, please contact the following person at the address provided:
Lavea Tupaimatuna Iulai Laveachief executive officer MInISTrY of fInAnceTel: (685) 34333fax: (685) 21312email: iulai.lavea@mof.gov.ws
3. ProcUreMenT/ eoI ProceSS
All interested firms are asked to address and deliver their EOIs with all the necessary information to the following address no later than 4.00pm on 31 August 2012.
The Secretarynational Tenders BoardMinistry of financeLevel 4, central Bank BuildingApia, SAMoA
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