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development costs are allocated to humanitarian projects with potential tax benefits to the project and to the shareholders of HAFZA.
The negotiations for this project had included plans to contract under a joint venture with finalization expected through May 2006 with a Contract Pending.
The profit potential of this project is now provided as a sample only. It has a better than average profit projection allowing substantial benefits to the planned humanitarian projects to be undertaken by HAFZA in the Philippines pending security with the development projects in Puntland. All similar to the rail link from Puntland to Ethiopia as shown here.
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