Investment Proposal of the Central Botanical Garden of NAS of Belarus

Project name:	High Blueberry Plantation of 10 hectares	
Project purpose:	Cultivation of high blueberry in production quantities	
Project type:	Start-up shop construction	
Progress status:	Scientific-technical documentation, project feasibility study	
Availability of a business plan:	No	
Production name:	Fresh High Blueberry	
Core market:	Belarus, Russia, EU countries	
Project cost (USD thousands):	130	
Required investment (USD thousands):	75.4	
Sources of finance (USD thousands):
	Own funds – 54.6, share holding – 75.4
	
Form of investor participation:	Establishment of joint venture, procurement, credit funds	
Proposal for an investor:	To ensure the work of the joint venture the CBG of the NASB delivers high blueberry plants to lay the plantation. Money equivalent of high blueberry plants will be a contribution of the CBG of the NASB to the joint venture. Mentioned in the title of the project area of the plantation is the minimum at which the project will be commercially attractive. Multiple increase in plantation area is permissible	
Term of realization, years:	3 	
Term of  recoupment, years:	6	
Place of realization:	Brest, Gomel, Grodno and Minsk regions	
Organization name:	The State Scientific Institution «The Central Botanical Garden of the National Academy of Sciences of Belarus»	
Branch:	Agriculture	
Annual turnover (USD thousands):		
Enterprise (organization) details:	2-v Surganov Street, Minsk BY-220012, Republic of Belarus.
Fax: +375 (17) 284-14-83.
E-mail: office@cbg.org.by.
WWW Home Page: http://cbg.org.by	
Ownership form:	State ownership	
Head of enterprise (organization):	Dr. Biol. Sc. Vladimir V. Titok,
tel.: +375 (17) 284-14-84	
Responsible for the preparation of investment proposal, contacts:	Deputy Director for Research and Innovation А.А.Veevnik. Tel.: +375 (17) 284-16-25	

Last Update – 08.10.2013