Location:

• Pathein, Ayeyarwaddy Division

Background:

• The Prime Minister of Ayeyarwady Division has granted 30,000 acres of land for Rubber Cultivation.

The attached maps and documents are from previous proposals for a Paper Company. The areas indicated in orange / gold color on the map represent the land now allocated for Rubber Cultivation.

• Pathein is a port city with a 2004 population estimated at 315,600 and the capital of the Ayeyarwady Region. It lies on the Pathein River, which is a western branch of the Irrawaddy River.
• Pathein is the fourth largest city in Myanmar, situated 190 kilometers (120 mi) west of Yangon.
• The allocated land is located on the main road and Pathein itself is accessible to large vessels and is Myanmar’s most important delta port outside of Yangon.

Lot Size:

• 30,000 Acres

Land Price:

• $500 / acre ($15M US total)

Joint Venture Terms

• BAH is interested in a 50/50 Joint Venture partnership.
• BAH will serve as the local partner in Myanmar – proving local manpower, management, land, licensing, government liaising, etc.
• BAH is looking for a foreign partner who will bring expertise and technical konw-how, in addition to the 50% capital investment.
• Terms of the land purchase: $100/acre due at signing of agreement with the Prime Minister (Ayeyarwady Division) with balance of $400/acre upon Myanmar Investment Commission (MIC) approval. BAH will invest 50% land cost.
• BAH Chairman, U Ye Min, has expertise in operating Rubber Plantations. He currently owns and operates a 500-acre Rubber Plantation in Dawei. Photos of his existing plantation can be seen here: