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HAFZA FINANCING
Financing of the HAFZA Free Zones is predominately by private funding through its planned Medium Term Note facility (MTNs) and major developing country support programs in conjunction with HAFZA Finance Pty. Ltd., (Australia)
HAFZA has substantial private investors wishing to support HAFZA with asset backing for its MTNs for the humanitarian benefits it offers together with the new business relationships it can bring to corporations reaching into the heart of
HAFZA’s main role in respect to the financing of the free zones is to coordinate the MTN funding being offered so that the funds are placed within the free zones to provide equal distribution throughout to benefit Puntland and its
A sample copy of the planned MTN issue can be viewed here.
HAFZA confirms Millions of dollars of assets for commencing HAFZA.
HAFZA has obtained several million of dollars of assets for commencing the Horn of Africa Free Zones as outlined in this website. The assets are in the form of real estate and other valuable metals for backing up the MTNs.
HAFZA’s obligations for the use of these assets is to ensure that they are protected from waste and/or misuse. Specifically, the assets will be used within HAFZA through arranging a line of credit against the assets with major Western banks and similar institutions.
HAFZA has the responsibility of repaying the line of credit as a long term loan facility. This is to be achieved through the commercial operations of HAFZA.
The line of credit referred to above is currently in process and when complete will be further posted on this page.
