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Car Assembly Cover Page
Car Assembly Cover Page
MARCH/2019
ADDIS ABABA, ETHIOPIA
APPLICATION LETTER
TO WHOM IT MAY CONCERN
BAR-SEENAA GENERAL TRADING PLC
Ahmednaajii Muktaar [Manager]
Mobile: -+251-915322344
E-mail:- _____________________
Dear Sir/Madam;
We are here to request investment license by name of our private company
which it named BAR-SEENAA PLC. BAR-SEENAA PLC is an
organization which is found in Oromia regional state Gelan Town, that
organized by the group of intellectuals, of different discipline. Since the
establishment of BAR-SEENAA, we are planning different business
activities so as to crate job opportunity for our society as well as developing
our financial capacity and making benefit the government also.
Dear sir/madam we are here today as we begun before participating on our
country’s development, we are looking for an opportunity, which enables as
to take over the developments of our country through investment. Which it
is too vast and can give better job opportunity than any other that can keep
the truck our begun development.
Hence, if your organization accepting our application, give us an opportunity
and signing the project agreement with achieved anticipated results. BAR -
SEENAA PLC will have self-motivated, energetic and experiences in
business duties and committed to undertake the intention of this investment
program from design, planning, implementing, monitoring and evaluation of
the activities with responsibilities to deliver the desired result of the project
with required quality for targeted groups.
We are looking forwards your positive response!!
Better Corporation for better development
AHMEDNAAJII MUKTAAR
C/C BAR-SEENAA GENERAL TRADING PLC
I. EXCUTIVE SUMMERY
Promoter: BAR-SENA GENERAL TRADING PLC
Type of the project: METAL HEAVY DUTY TRUCKS and MEDIUM DUTY TRUCKS BODY
ASSEMBLY PLANT,
Source of finance: The total investment capital of the project is to be financed from the
promoter's equity and bank loan. Out of the total capital birr 161,989,022.05,
64,795,608.82 (30%) is contributed by the promoter, while the remaining balance of birr
97,193,413.23 (70%) is to be financed by local bank loans.
Employment: The manpower requirement for operating on single shift basis (8 working
hour) is 276 people.
Land requirement: The land area required for this project is proposed to be 20,000m2
that will be secured by the regional investment board up on approval of the project.