Advert ID:6001 / Type:Joint Venture or Partnership / Sector:Chemical / Location:Dubai

Investor Required For Business Expansion

Opportunity Summary

Durat Al Fayhaa is an agent in the UAE dealing in active pharmaceutical ingredients (pharmaceutical raw materials) API’s and machines. We only deal with ministries and other government sectors in Iraq.

We internationally source products and participate in tenders. Having very influential contacts it is not difficult to get awarded but due to payment terms of cash on delivery we do not participate in 90% of tenders. We have flourished in tenders with payment terms of LC but fail in cash on delivery due to nonavailability of sufficient funds.

Profit margin in this field is quite high. We are two partners. I source products and my partner ensures we get awarded. Now we are looking for a third partner who is willing to invest

Years Established:: 6

Target Market:: Iraq

Predicted Sales:: millions of USD

Predicted Profit:: 10% - 12%

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