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MEP Construction Business Seeking Loan in Port Moresby, Papua New Guinea

Port Moresby-based engineering contractor delivering construction, maintenance, and infrastructure projects with community-focused excellence, seeks funding.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 90 thousand
Run Rate Sales USD 51 thousand
EBITDA Margin 10 - 20 %
Industries MEP Construction + 1 more
Locations  Port Moresby
Local Time 9:58 PM Pacific / Port Moresby
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 23.5 thousand for 10.0% annual interest, 3 years (Native Currency: PGK 100,000)
Reason: Seeking funding to help us procure operational equipment and vehicles, take on more projects, and ex... View More
Collateral Available: USD 47 thousand
Includes physical assets worth USD 470 thousand
Interested to connect with advisors
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Business Overview
- Located in Port Moresby, this multifaceted engineering and technical service contractor firm has been operating for nearly two years, focusing on high-quality project management and delivery.
- The business has successfully completed major projects including a survey for Santos PNG, the Offline Electronic Library for Plateau High School with the Mineral Resource Development Company (MRDC), and a feasibility study for rural electrification in the Nipa Kutubu District for the Southern Highlands Provincial Government.
- Additional projects include maintenance services for Mondwagi Primary School, showcasing their commitment to community infrastructure development.
- Currently managing 12 corporate clients alongside a few individual clients, the business enjoys a diverse customer base, which enhances stability and growth potential.
- The company follows a project-based revenue model, generating income through the successful completion of contracted work.
- While there has been a slight drop in sales this year due to relocation, fewer projects, and the current economic climate affecting forex stability, the company remains focused on achieving new project opportunities.
- The business is officially registered in Papua New Guinea and operates without specific industry licenses or certifications, streamlining its operational processes.
- Presently, the company is overseeing 1 community project and has completed 4 community projects this year, reinforcing its commitment to social responsibility and community engagement.
Products & Services Overview
Contractors managing projects across sectors such as building and construction, general maintenance, home and industrial cleaning, waste management and disposal, and road, bridge, and heavy civil works. Clients include government agencies, corporate entities, educational institutions, and individual customers who engage the firm for both large-scale infrastructure and community-based projects.
Assets Overview
Physical assets include an owned office property, a car, two Land Cruisers, office equipment, and a few minor construction tools. These assets are essential for business operations and cannot be liquidated.
Facilities Overview
Opertaing from an owned office space located in Kennedy Estate, Port Moresby.
Capitalization Overview
Self funded.
Sole owner holding full shares in the business.
No debts or liabilities.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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