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Newly Established Tree Farm Seeking Loan in Vanimo, Papua New Guinea

Balsa wood farming start-up targeting booming construction and composite industries, seeking funding to start operations.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Tree Farms
Locations  Vanimo
Local Time 6:17 AM Pacific / Port Moresby
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
INR 8.3 crore for 4.0% annual interest, 10 years (Native Currency: PGK 4,000,000)
Reason: Seeking funding to procure the raw materials and start the plantation. The loan can be repaid initi... View More
Collateral Available: INR 0
Includes physical assets worth INR 6.2 crore
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- The business is located in Vanimo, Papua New Guinea and is for balsa wood farming and integrated agriculture activities.
- The primary focus will be on supplying balsa wood to the construction and wood-based products manufacturing industries, which are experiencing a growing demand for lightweight and high-strength materials.
- The balsa wood industry in East New Britain Province (ENB) contributes to 9% of the global processed balsa supply, emphasizing the export potential and market reach for the proposed business.
- Balsa wood's unique strength-for-weight properties make it increasingly sought after in high-technology composite markets, including applications in wind turbine blades and transportation, providing strong revenue opportunities.
- The cultivation of balsa wood is characterized by relatively low labor input requirements, allowing for operational efficiency and scalability in production.
- With a harvest cycle of only 5–6 years, the business model promises competitive returns and quicker cash flow compared to traditional timber farming.
- All four shareholders bring prior experience in the agriculture industry.
- Need to procure a regulatory license from PNG Forest Authority.
Products & Services Overview
- Primary product: Cultivation and supply of balsa wood.
- While the primary focus is on balsa wood, integrated agriculture activities suggest the business may also engage in other agricultural practices. This will include crop rotation, intercropping, or agroforestry.
Target users:
- Construction industry - Builders and contractors.
- Wood-Based Products Manufacturing Industries: Companies producing wood-based products, such as furniture, panels, and other composite materials, utilize balsa wood for its unique properties.
- Wind turbine and transportation industries.
- Export markets.
Assets Overview
Physical assets include the value of the land owned.
Facilities Overview
Own land of 255 hectares located in Issi Village, Ward 18, Vanimo, West Sepik Province.
Capitalization Overview
Self-funded.
No outstanding loans.
There are 4 shareholders.
Recent Activity
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2 Investors already contacted this Business. Register below to connect now!
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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