Building Contractor Seeking Loan in Lae, Papua New Guinea
Established government building contractor in Lae, seeking funding to expand the services commercially.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 10 - 20 thousand |
| Run Rate Sales | USD 17.5 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Building Contractors |
| Locations | Lae |
| Local Time | 4:20 PM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
1.21 million
for
8.0%
annual interest,
6
years
(Native Currency: PGK 5,000,000)
Reason: Seeking investment to scale up the business, and be able to take up private projects as well.
The l...
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Collateral Available: USD 0
Includes physical assets worth
USD
2.45 million
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Business Overview
- Established contractor specializing in government projects with experience in building and maintaining government offices and facilities in Lae.
- Successfully completed 5-6 government projects, showcasing capability and reliability in handling extensive construction assignments.
- Accredited by the Papua New Guinea government, enhancing credibility in the public sector construction domain.
- Infrastructure supported by a robust network of over 100 subcontractors, enabling efficiency and scalability in project execution.
- Operates on a contract basis, allowing for flexible labor cost management tied directly to project completion.
- Holds multiple valid licenses, including IPA, IRC, and TIN, establishing compliance with national regulatory requirements.
- Strategic plans include scaling operations to capture private sector opportunities in both commercial and residential segments, broadening client base to real estate developers and corporate firms.
- Successfully completed 5-6 government projects, showcasing capability and reliability in handling extensive construction assignments.
- Accredited by the Papua New Guinea government, enhancing credibility in the public sector construction domain.
- Infrastructure supported by a robust network of over 100 subcontractors, enabling efficiency and scalability in project execution.
- Operates on a contract basis, allowing for flexible labor cost management tied directly to project completion.
- Holds multiple valid licenses, including IPA, IRC, and TIN, establishing compliance with national regulatory requirements.
- Strategic plans include scaling operations to capture private sector opportunities in both commercial and residential segments, broadening client base to real estate developers and corporate firms.
Products & Services Overview
Contractors for construction and maintenance services, primarily focused on government projects. Core services include the building and upkeep of government offices and facilities. These services are utilized by government agencies in Lae, Papua New Guinea, to ensure the construction and maintenance of critical infrastructure.Future plans involve expanding to offer construction services to private sector clients such as real estate developers and corporate firms for commercial and residential projects.
Assets Overview
Physical assets include own land of 10k ha worth PGK 10 million, the rest is tools and machines to move work done.
Facilities Overview
The organization has land of 10k hectares that can be utilized for future projects. Location is West Taraka, Lae.Not operating from any specific office facility as they run the operations directly from the project site.
Capitalization Overview
The organization is currently funded by The Government of Papua New Guinea.No outstanding loans.
There is 1 owner.
Tags:
Building Contractor Seeking Loan in Lae, Papua New Guinea
·Contracting Company Seeking Loan in Lae, Papua New Guinea
·Lend to Building Contractor in Lae, Papua New Guinea
·Lend to Contracting Company in Lae, Papua New Guinea
·Building Contractor Seeking Loan
·Contracting Company Seeking Loan
·Lend to Building Contractor
·Lend to Contracting Company
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