Miami, FL, January 15, 2013 --(PR.com
)-- Step 1 : The first step is to secure approximately USD$ 5-7mm in equity and /or debt. This details the cost to bring the port from its current state to initial development and construction stage includes legal, operational, feasibility, licensing, engineering, free-zone status and port concession approval. This will position the project as a debt-free opportunistic investment for any company, either indigenous or foreign and increase the value of the Cial Port project. The most recent valuation of the port was completed in 2007. The Cial Port property was valued at approx USD$ 11mm. Current 2013 valuations show an increase in value of approximately 30%.
Step 2: Following the successful USD$ 5-7mm fundraising, the second step is to secure approximately USD 184mm+ in debt and equity and to have Cial Port become fully operational with 36 months thereafter. The company will structure long term infrastructure and integrated coal, bulk goods, fuel bunker, Focused Port Project funding with local and international financial institutions with a target 70% / 30% debt to equity ratio. Phase 1 current value: USD$ 14.3mm. Phase 2 completion USD$ 5-7mm: USD$ 75mm (based on assessed value of approved concession). Phase 3 completion 184mm+ : USD$ 500mm+ (estimated value).
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