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1. Project Background..........................................................................................................................................................................................2
1.1. Objective..........................................................................................................................................................................................................2
1.2. Animal Husbandry sector in Mongolia .............................................................................................................................................2
2. Red Meat Market Survey................................................................................................................................................................................2
2.1. Demand............................................................................................................................................................................................................2
2.2. Supply ...............................................................................................................................................................................................................2
2.3. Price...................................................................................................................................................................................................................4
2.4. Competition....................................................................................................................................................................................................5
2.5. Export................................................................................................................................................................................................................5
2.6. Licensing..........................................................................................................................................................................................................6
3. Description of Existing Plant........................................................................................................................................................................6
3.1. Location and site..........................................................................................................................................................................................6
3.2. Existing production and auxiliary facilities....................................................................................................................................7
3.2.1. Existing production facilities...........................................................................................................................................................7
3.2.2. Existing auxiliary facilities............................................................................................................................................................. 12
4. Transportation and distribution............................................................................................................................................................. 12
4.1. Cargo............................................................................................................................................................................................................... 12
4.2. Logistics ........................................................................................................................................................................................................ 12
5. Formulation of Project targets................................................................................................................................................................. 13
6. Production programme............................................................................................................................................................................... 13
7. Technical solution & technology............................................................................................................................................................. 14
8. Personnel for the New Facilities ............................................................................................................................................................. 18
8.1. Personnel requirement of the project & available personnel............................................................................................. 18
8.2. Training requirement............................................................................................................................................................................. 20
9. Environmental effects & work safety ................................................................................................................................................... 20
9.1. Emissions from production facilities & products..................................................................................................................... 20
9.2. Work safety................................................................................................................................................................................................. 21
9.3. Environmental effects............................................................................................................................................................................ 21
10. Financial project analysis........................................................................................................................................................................... 23
10.1. General remarks ................................................................................................................................................................................. 23
10.2. Investments costs............................................................................................................................................................................... 23
10.3. Operating costs.................................................................................................................................................................................... 24
10.3.1. Animal purchase & materials................................................................................................................................................. 24
10.3.2. Personnel ......................................................................................................................................................................................... 25
10.3.3. Utilities.............................................................................................................................................................................................. 25
10.3.4. Sales revenue ................................................................................................................................................................................. 26
11. Project evaluation .......................................................................................................................................................................................... 27
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MEAT VALUE ADD
MAXIMIZE THE PROFIT
PART I - Basic Conditions for upgrading Arvaiheer
slaughter plant
1. Project Background
1.1. Objective
The project aims to acquire the existing and functioning slaughter plant at
depressed price and rehabilitate it for income generating business.
1.2. Animal Husbandry sector in Mongolia
Historically, the economic core of the Mongolian society is the pastoral animal
husbandry and it has not changed for the present days. The management and
practice of the pastoral animal husbandry is totally different than that of the
animal feeding one.
It is seasonal.
2. Red Meat Market Survey
2.1. Demand
Mongolians acquire many unique dining habits such as eating food that is rich
in protein & fat and have them late at night when it is hot. Also ever -changing
radical climate influences Mongolians to consume more meat & meat products 1.
Population data suggests over 190 thousands tones (at slaughtering weight) of
meat production can supply domestic meat demand. Considering population
growth, over 220 thousand tones of meat will be sufficient in 2020 for
domestic meat demand.
2.2. Supply
1 By research, average annual meat consumption per Mongolian is 84 kg. Meat consumption are assorted
depending on poverty threshold, consumers’ purchase capacity and population density.
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Majority of meat supply for domestic sales in Mongolia is being prepared by
traditional method which carried by individuals2.
There is no supply/distribution system of the industrially processed and
packed red meat products in the country.
The supply and price are seriously influenced by the seasonal factors such as
weather, gasoline price and cold storage availability.
F i g u r e 1 . R e d m e a t b a l a n c e i n M o n g o l i a
Number of heads
Number of animals to be
processed per year
(20%)
Average carcass
meat weight (kg)
Total volume
(tons)
Horse 2,995,754 599,150.80 125 74,893.85
Cattle 3,413,851 682,770.20 120 81,932.42
Camel 349,299 69,859.80 -
Sheep 23,214,783 4,642,956.60 18 83,573.22
Goat 22,008,896 4,401,779.20 16 70,428.47
TOTAL 51,982,583 10,396,516.60 310,827
However number of livestock is increasing, volume of meat
resource is stagnant. Livestock number is increasing since
1993 but decreased meat export. But big animals with higher
meat yield are becoming reduced because of harsh climate and
wrong export policy. As per statistic data, between 1999-2003,
high amount of livestock lost and meat export occurred that
results downsized meat resource. (Table 4.4) Starting from
2007, meat resource has increased a bit, but considering
doubled increased livestock number the result is not very
satisfactory.
F i g u r e 2 . R e d m e a t s u p p l y i n M o n g o l i a
Number of animals
processed annually
Average carcass
weight (kg)
Volume
(tons)
Horse 576,299.57 125 72,037.45
Cattle 656,729.77 120 78,807.57
Camel
Sheep 4,465,877.16 18 80,385.79
2 Looking at the statistics, meat supplied to Ulaanbaatar consumers (65%-70%) is unknown regarding its
origin, preparation method and sales channel.
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Goat 4,233,898.11 16 67,742.37
298,973
F i g u r e 3 . E n t i r e y e a r g r a s s p a s t u r i n g l i v e s t o c k i n M o n g o l i a
2.3. Price
Meat price in Mongolia is fluctuates significantly during a year with high level
in Spring and low in Autumn seasons.
F i g u r e 4 . C a r c a s s b e e f p r i c e f l u c t u a t i o n s ( M N T )
Annuity May-July high price September-November low price Difference3
2007 3,138.00 2,350.00
2008 4,156.00 2,678.00 1,806.00
2009 3,593.00 2,350.00 915.00
2010 5,225.00 3,190.00 2,875.00
2011 4,244.00 4,093.00 1,054.00
2012 8,019.00 4,500.00 3,926.00
2013 8,380.00 7,115.00 3,880.00
2014 8,730.00 7,465.00 1,615.00
2015 9,500.00 7,300.00 2,035.00
3 This diiference is the profit for the entities which buy the carcass beef in Autunm and sell it in the Spring
keeping the meat in storage. Business model is similar to the fresh fruit business in which the fresh fruits
from Autumn harvest are stored for later sale. In some population pockets there is shortage in red meat
supply in Spring.
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F i g u r e 5 P r i c e s o f r e d m e a t a t t h e w h o l e s a l e m a r k e t s i n U l a a n b a a t a r ( M N T ) 4
Market places
Beef Horse Sheep Goat
with bone deboned with bone deboned with bone deboned with bone deboned
1 Khuchit Shonkhor 7,300.00 7,500.00 4,800.00 - 5,500.00 6,000.00 5,200.00 -
2 Khat Khorin 6,500.00 7,500.00 4,900.00 - 5,500.00 6,500.00 5,000.00 -
3 Bars 6,500.00 7,500.00 4,900.00 - 5,500.00 7,500.00 5,200.00 -
4 Bumbugur 6,500.00 7,500.00 4,900.00 - 5,500.00 6,500.00 5,200.00 -
5 Bayanzurkh 6,500.00 7,500.00 5,500.00 - 5,800.00 6,500.00 5,700.00 -
Average in MNT 6,660.00 7,500.00 5,000.00 - 5,560.00 6,600.00 5,260.00 -
Average in EUR 2.98 3.76 2.24 - 2.49 3.31 2.36 -
Source: Mongolian National Statistic Agency news.mn September 10.2015
2.4. Competition
The project has the following advantages:
Project is located close to the animal supply area which provides better
herding the purchased animals to the plant;
Better connected with road and other infrastructure;
Project covers complete value add chain beginning from slaughtering
to the packing while other slaughter plants have no de-boning and
packaging, on contrary packaging entities have no slaughtering
facilities
2.5. Export
Mongolia is located between the 2 biggest importers of red meat in the world.
At the same time, the provinces of Russia and China bordering with Mongolia
(all land locked) are situated far from the sea ports thus bearing the high
expenses to bring the imported meat to these areas.
Therefore, the export of the fresh frozen carcass meat is the excellent
opportunity of the project.
4 The lowest annual average price for red meat in Ulaanbaatar city is registered September-November
period due to the increased supply from countryside.
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F i g u r e 6 M e a t e x p o r t r e s o u r c e f r o m M o n g o l i a
Products Volume (tons)
Horse carcass meat 5,763.00
Carcass beef 6,567.30
Mutton carcass 44,658.77
Goat carcass meat 42,338.98
The export of meat from Mongolia is very unstable and depends on the
contracting and licensing.
One of the serious obstacles for the meat export is the absence of the proper
meat processing facilities in the country.
In accordance with the import requirements of Russia and other countries the
meat processing plants are to be inspected by the respective veterinarian
agencies annually and given the respective permissions.
2.6. Licensing
There is no export licensing & quota in Mongolia. The plant has to be inspected
by the General Agency of State Inspection periodically upon its schedule. The
certificate is issued.
The respective veterinary & sanitary agencies of importing countries such as
Russia, China and Vietnam visit the plant every year and inspect the production
process and facilities for the export permission to their countries.
The inspectors from the importing countries may be present during the
slaughtering period and verify the products (carcass meat) with their special
stamps.
3. Description of Existing Plant
3.1. Location and site
АРВАЙХЭЭР/ARVAIHEER is located in the central province Uvurhangai of
Mongolia and is 420 km Southwest of Ulaanbaatar.
The plant is well connected to the high voltage line connecting the central part
of Mongolia with Western region of country.
The main road to Western Mongolia passes through the city where the plant
located.
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F i g u r e 7 L o c a t i o n o f t h e e x i s t i n g p l a n t
3.2. Existing production and auxiliary facilities
3.2.1. Existing production facilities
F i g u r e 8 I m a g e o f f a c i l i t i e s
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F i g u r e 1 0 R e f r i g e r a t i o n s y s t e m b y D o n g Y a n g E n g i n e e r i n g f r o m K o r e a
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3.2.2. Existing auxiliary facilities
There are all necessary facilities to operate the plant including
Sewage treatment tank,
Oven for the utilization of the rejected products and by-products
4. Transportation and distribution
4.1. Cargo
The plant production produces a significant volume of the cargo to be
transported by special means. The meat, by-products and skin and other items
are sent to the buyers in the different towns.
F i g u r e 1 1 V o l u m e o f c a r g o s ( t o n s )
4.2. Logistics
It will be specially designed for transportation of chilled and frozen foo ds and
will have capacity of lowering the temperature to the recommended level 5.
It is acceptable that meat weight would reduce by certain limit during the
transportation. According to the MNS129-83, the reduction norm is 0.31% of
meat weight per month.
There are 3 major distribution centers: Erdenet city, Darkhan and Ulaanbaatar.
5 The transportation means shall be equipped with a built-in measuring temperature, so as to give a
reading representative of all the loading space. Container temperature shall not exceed –180C and
temperature fluctuation shall not exceed +0.2 during the transportation. In addition to that good
ventilation should be maintained and humidity must range between 85-95%.
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PART II - Technical Layout and operation
5. Formulation of Project targets
The present project have the following targets:
Rehabilitation of the plant facilities and restoration of the production
functioning in 2016;
Full use of the capacity of slaughtering and storage and launch the
new products (primary cuts and packaging) in 2017;
Increased productivity and growth of production;
6. Production programme
F i g u r e 1 2 P r o j e c t p r o d u c t i o n p l a n
2016 2017 2018 2019
Animals to process (heads)
Cattle & horses 5,000.00 7,500.00 10,000.00 10,000.00
Sheep & goats 50,000.00 75,000.00 75,000.00 75,000.00
Carcass meat (kg)
Beef 300,000.00 450,000.00 720,000.00 720,000.00
horse meat 300,000.00 450,000.00 720,000.00 720,000.00
Mutton 425,000.00 637,500.00 765,000.00 765,000.00
goat meat 425,000.00 637,500.00 765,000.00 765,000.00
1,450,000.00 2,175,000.00 2,970,000.00 2,970,000.00
Offals & intestine (kg)
Cattle & horses 150,000.00 225,000.00 360,000.00 360,000.00
Sheep & goats 300,000.00 450,000.00 540,000.00 540,000.00
450,000.00 675,000.00 900,000.00 900,000.00
Total products (kg) 1,900,000.00 2,850,000.00 3,870,000.00 3,870,000.00
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7. Technical solution & technology
F i g u r e 1 3 P r e p a r a t i o n o f a n i m a l s f o r p r o c e s s i n g
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F i g u r e 1 7 C o l d p r e s e r v a t i o n o f m e a t p r o d u c t s
8. Personnel for the New Facilities
8.1. Personnel requirement of the project & available personnel
Arvaiheer6 slaughter plant has its employees who now are jobless including
highly skilled workers and technicians.
In its normal operation period the plant used to employ upto 100 workers.
6 Arvaiheer city of Uvurhangai province has 24,500 residents.
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F i g u r e 1 8 P e r s o n a l r e q u i r e m e n t o f t h e p r o j e c t
Production Units Numbers
1 Slaughtering 24
2 By product processing 14
3 Intestine & casing processing 8
4 Skin handling 6
5 Deboning & packing 20
Total production workers 72
Administration & sales
1 Plant director 1
2 Chief Technology engineer 1
3 Technology engineer 2
4 Chief engineer 1
5 Refrigeration engineer + operators 5
6 Electricity engineer + Electricians 3
7 Ventilation engineer + assistant 2
8 Chief accountant + Accountants 4
9 Bookkeeeper 2
11 Sewage treatment workers 4
12 Security 8
13 Sales manager 2
14 Workers in canteen 4
15 Cleaning workers 4
17 Cargo movers 8
18 Drivers 6
19 Veterinarians 2
20 Laboratory workers 3
21 Hygiene and sanitary specialist 1
25 Doctor 1
26 Dry cleaning workers 4
27 Foremen 4
Management employees 72
Total employees at the full capacity operation 144
The above composition of employees will be necessary for the operation at the
full capacity use in 2019. At the starting implementation of the project the
number of employees will be 70.
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There are no big employers in the Hutag Undur soum except some local
government agencies and organizations, therefore the pool of labour is cheap
and well-educated like any other provincial villages in Mongolia.
8.2. Training requirement
The training of personnel is conducted on job with the assistance of the skilled
and professional trainers from Universities and Institutes.
The training curriculas are approved by the needs of production and
marketing.
9. Environmental effects & work safety
9.1. Emissions from production facilities & products
Sources of Waste in the meat processing plant:
Solid waste: blood, inedible offal, gastrointestinal content, hairs,
bristles, hooves/horns, bones, skin, fats, meat trimmings condemned
animals, feces;
Liquid waste: Water for bathing in holding pen washing of vehicles,
waste water for slaughtering hall containing fats and blood cleaning
activities, waste water with oil and grease, blood from slaughtering,
washing and rinsing of carcasses, cleaning of plant;
F i g u r e 1 9 C o m p o s i t i o n o f w a s t e w a t e r f r o m p l a n t
Indicator Kill floor Rendering Paunch Lairage
Main pollutant: blood fat and crease paunch contents Manure
BOD 1200-3000 500-1500 3000-5000 3000-5000
Solids 800-2000 500-1500 5000-30000 5000-30000
Fat 100-200 1000-5000 10-100 100-200
Meat processing wastes are handled in the following stages:
Primary treatment (physical treatment) includes blood separation,
screening of solids and trapping of fat/grease/ meat and bones
In the present project the solid wastes are removed manually,
mechanical skimming or dissolved air floatation. Sedimentation means
the wastewater without solid wastes flow into a sedimentation tank to
filter and settle all suspended and any remaining smaller size solid
matters.
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The selection of the secondary treatment depends on cost, BOD level,
required land area available and maintenance capacity.
The capacity and level of processing of the present project does not require
further cleaning than the existing one
9.2. Work safety
There are a number of safety and health hazards in the meat packing industry.
These hazards include exposure to high noise levels, dangerous equipment,
slippery floors, musculoskeletal disorders, and hazardous chemicals (including
ammonia that is used as a refrigerant):
being struck by an object - mostly by hand tools including knives,
especially during boning out, and suspended carcases,
handling and lifting - especially lifting heavy weights, carcases,
pushing/pulling trolleys and contact with sharp edges
slips - mostly on wet or greasy floors
machinery - such as bandsaws, derinders, skinning machines, conveyors
and packaging
The normal practice in the meat sector of Mongolia is to appoint a work safety
employee who supervises the process during the shift time and gives proper
instructions to the workers.
Every morning the line workers receive the work safety instructions and sign
the protocol.
On the other hand, investment in the up-to-date tools and equipment such as
iron gloves, glasses and special clothes to prevent the injuries provides a
better protection,
9.3. Environmental effects
In Mongolia, having small number of population, pollution may not be a major
for the time being, as critical as in thickly populated and more developed
countries.
There are laws and formulated regulations to control pollution and to prevent
the indiscriminate discharges of water and solid waste into public and natural
waterways. Regulatory agencies were created to implement and monitor
enforcement of such regulations.
For the meat processing industry, the control of water pollution is the most
important indicator of the environment protection.
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With regard to present project, the existing facilities are able to match the
environment protection requirements of Mongolia.
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PART III - Financial and Economic Analysis
10. Financial project analysis
10.1. General remarks
F i g u r e 2 0 E x c h a n g e r a t e
MNT EUR USD RMB RUB
MNT 1.00 2,232.65 1,993.35 313.24 28.96
EUR 0.000448
USD 0.000502
RMB 0.003192
RUB 0.034530
Prices and tariffs are constant;
Export is not planned;
Full capacity use is reached in 2018;
Expenses are calculated at the high level and sale prices are taken at the
lowest level in order to absorb the risks;
10.2. Investments costs
F i g u r e 2 1 I n v e s t m e n t
Investment items Unit Unit price Q'ty Total
1 Purchase of plant pcs 1,715,891.91 1 1,715,891.91
3 De-boning & packing line EPC 150,000.00 1 150,000.00
4 Freezer truck pcs 100,000.00 2 200,000.00
5 Vehicle pcs 80,000.00 2 160,000.00
6 Canteen m2 50,000.00 1 50,000.00
7 Office m3 25,000.00 1 25,000.00
2,300,891.91
The major investment items is the purchase of the existing plant.
The loan is directed to the following expenses:
Purchase of de-boning & packing line equipment from Chinese suppliers
which have designed and installed the existing machinery and
equipment;
Purchase of auxiliary equipment and materials from Korea;
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10.3. Operating costs
10.3.1. Animal purchase & materials
F i g u r e 2 2 C o s t o f a n i m a l p u r c h a s e
2016 2017 2018 2019
Animals to process
Cattle & horses 5,000.00 7,500.00 10,000.00 10,000.00
Price for a head 500,000.00 500,000.00 500,000.00 500,000.00
Subtotal 2,500,000,000.00 3,750,000,000.00 5,000,000,000.00 5,000,000,000.00
Sheep & goats 50,000.00 75,000.00 75,000.00 75,000.00
Price for a head 90,000.00 90,000.00 90,000.00 90,000.00
Subtotal 4,500,000,000.00 6,750,000,000.00 6,750,000,000.00 6,750,000,000.00
TOTAL 7,000,000,000.00 10,500,000,000.00 11,750,000,000.00 11,750,000,000.00
in U$ 3,511,671.04 5,267,506.56 5,894,590.67 5,894,590.67
Cattle is purchased with live weight: 1 kg = 2200 MNT ;
Horses are sold by head: 1 horse = 500,000.00 MNT ;
Sheep & goat are sold by head: 1 sheep/goat = 90,000.00 MNT ;
Cost of herding the animals to the plant is included;
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10.3.2. Personnel
F i g u r e 2 3 L a b o u r C o s t
Annuity 2016 2017 2018 2019
Capacity use (%) 50 70 90 90
Production workers 199,800,000.00 279,720,000.00 359,640,000.00 359,640,000.00
Administrative personnel 784,548,000.00 784,548,000.00 784,548,000.00 784,548,000.00
TOTAL 984,348,050.00 1,064,268,070.00 1,144,188,090.00 1,144,188,090.00
in U$ 493,815.22 533,908.48 574,001.74 574,001.74
10.3.3. Utilities
F i g u r e 2 4 C o s t o f u t i l i t i e s
2016 2017 2018 2019
Electricity 100,000,000.00 200,000,000.00 300,000,000.00 300,000,000.00
Water 80,000,000.00 100,000,000.00 120,000,000.00 120,000,000.00
Sewage 12,000,000.00 36,000,000.00 48,000,000.00 48,000,000.00
Communications 48,000,000.00 48,000,000.00 48,000,000.00 48,000,000.00
Total 240,000,000.00 384,000,000.00 516,000,000.00 516,000,000.00
in U$ 120,400.15 192,640.24 258,860.32 258,860.32
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10.3.4. Sales revenue
F i g u r e 2 5 S a l e s p r o j e c t i o n
2016 2017 2018 2019
Carcass meat (kg)
Beef 300,000.00 450,000.00 720,000.00 720,000.00
1 kg price 6,660.00 6,660.00 6,660.00 6,660.00
Subtotal 1,998,000,000.00 2,997,000,000.00 4,795,200,000.00 4,795,200,000.00
horse meat 300,000.00 450,000.00 720,000.00 720,000.00
1 kg price 5,000.00 5,000.00 5,000.00 5,000.00
Subtotal 1,500,000,000.00 2,250,000,000.00 3,600,000,000.00 3,600,000,000.00
Mutton 425,000.00 637,500.00 765,000.00 765,000.00
1 kg price 5,560.00 5,560.00 5,560.00 5,560.00
Subtotal 2,363,000,000.00 3,544,500,000.00 4,253,400,000.00 4,253,400,000.00
goat meat 425,000.00 637,500.00 765,000.00 765,000.00
1 kg price 5,260.00 5,260.00 5,260.00 5,260.00
Subtotal 2,235,500,000.00 3,353,250,000.00 4,023,900,000.00 4,023,900,000.00
TOTAL 8,096,500,000.00 12,144,750,000.00 16,672,500,000.00 16,672,500,000.00
By products
Offals & intestine (kg) 1,900,000.00 2,850,000.00 3,870,000.00 3,870,000.00
1 kg price 1,000.00 1,000.00 1,000.00 1,000.00
Subtotal 1,900,000,000.00 2,850,000,000.00 3,870,000,000.00 3,870,000,000.00
Cattle hide 2,500.00 3,750.00 5,000.00 5,000.00
Unit price 35,000.00 35,000.00 35,000.00 35,000.00
Subtotal 87,500,000.00 131,250,000.00 175,000,000.00 175,000,000.00
Horse skin 2,500.00 3,750.00 5,000.00 5,000.00
Unit price 30,000.00 30,000.00 30,000.00 30,000.00
Subtotal 75,000,000.00 112,500,000.00 150,000,000.00 150,000,000.00
Sheep skin 25,000.00 37,500.00 37,500.00 37,500.00
Unit price 2,000.00 2,000.00 2,000.00 2,000.00
Subtotal 50,000,000.00 75,000,000.00 75,000,000.00 75,000,000.00
Goat skin 25,000.00 37,500.00 37,500.00 37,500.00
Unit price 2,000.00 2,000.00 2,000.00 2,000.00
Subtotal 50,000,000.00 75,000,000.00 75,000,000.00 75,000,000.00
TOTAL 262,500,000.00 393,750,000.00 475,000,000.00 475,000,000.00
By products 2,162,500,000.00 3,243,750,000.00 4,345,000,000.00 4,345,000,000.00
GRAND SALE 10,259,000,000.00 15,388,500,000.00 21,017,500,000.00 21,017,500,000.00
in U$ 5,146,604.74 7,719,907.11 10,543,792.29 10,543,792.29
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11. Project evaluation
F i g u r e 2 6 i n c o m e s t a t e m e n t / i n U S $
2016 2017 2018 2019
Sales 5,146,604.74 7,719,907.11 10,543,792.29 10,543,792.29
Animal Purchase 3,511,671.04 5,267,506.56 5,894,590.67 5,894,590.67
Labour cost 493,815.22 533,908.48 574,001.74 574,001.74
Utility 120,400.15 192,640.24 258,860.32 258,860.32
Maintenance & materials 60,000.00 70,000.00 80,000.00 90,000.00
Administration 240,000.00 240,000.00 240,000.00 240,000.00
Operation expenses 4,425,886.41 6,304,055.28 7,047,452.73 7,057,452.73
Opearting Profit 720,718.33 1,415,851.83 3,496,339.56 3,486,339.56
Short term Interest payment 421,400.52 632,100.79 707,350.88 707,350.88
Profit before tax 299,317.81 783,751.05 2,788,988.68 2,778,988.68
Tax (10%) 29,931.78 78,375.10 278,898.87 277,898.87
Net income 269,386.03 705,375.94 2,510,089.81 2,501,089.81
29. ZAMANI CAPITAL LTD.
28
PART IV-Project implementation
2015 2016
tasks/months IX X XI XII I II III IY Y YI YII YIII
1. Feasibility study report
2. Selection of suppliers
3. Contract of supplies
4. Approval of financing
5. Purchase of materilas & vehicle
6. Repair of plant
7. Preparation for equipment installation
8. Customs clearance
9. Installation of equipment
10. Testing & commissioning
11. Construction of office & canteen
12. Employment of personnel & training
13. Purchase of animals
14. Production
