Expansion of guest house, fuel distribution and transport business

Mitama Investment Limited is a diversified company established in 2012 in Mendi Southern Highlands Province by two local investors for the provision of diverse services for profit. Due to the growing demand for short-stay accommodations, fuel for motor vehicles, and transport services by regular commuters, the company is planning to build more guest houses, expand the distribution/ sales outlet for the retail sale of fuel products, and purchase additional fleets for its transport business. The company is seeking potential investors to invest in the establishment of additional guest house facilities, the establishment of a storage, distribution, and sales outlet for its fuel retail business, and the purchase of new vehicles for its transport business. The company further seeks to expand its market size within the domestic market, have access to building materials, tools and equipment at affordable prices and further seeks to collaborate to explore new technologies and know-how expertise. The total cost of this project is estimated at US$800,000 where the capital of about US$5,000 has been raised and an additional funding gap of US$795,000 is expected from a potential investor who might be willing to invest through a majority stake.

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