The Plan: Phase One and Phase Two:

LIR Industrial Park consists of just over 34 rai of usable land.

Phase One:

The ten rai in the front lot is designated as Phase One development and will be retained for long term income and appreciation of real estate. There will be an attractive Showroom on the main road that tenants may utilize based on per square meter charge. Behind the showroom and three large factory/warehouse buildings at 45 Meters by 37 meters each. The showroom and three large buildings occupy approximately seven rai. Behind these buildings three rai is dedicated to a series of smaller factory/warehouse buildings to accommodate tenants with need for smaller spaces. Along side the large buildings, we have already constructed two closed buildings and one open building for the Thai Bronze Foundry, and committed plans for a wood company.

Based on current market value, Phase One will be worth 100 Million bhat upon completion based on plan. Funding is as follows:

It should be noted at this time that LIR has developed the capacity to do much of the construction work on it's own, thereby creating substantial value for the shareholders. LIR has purchased and paid for its own cement mixer, welding equipment and other construction equipment which provides LIR with the capacity to hire experienced cosntruction workers on a monthly salaried basis and build at contractor costs. LIR purchases building materials directly from prime suppliers rather than from contractors who typically mark up construction materials from 20% to over 100% depending on the level of knowledge of the client. The savings for LIR are very significant.

Details of Rental Income:
(Please refer to map for references-click here to view graphics)

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Total Projected Rental Income is 600,000 baht per month or 7, 200,000 baht per year based on full occupancy. Assuming 10% vacancy rate this comes to 6,480,000 baht per year*

15% percent of this amount = 972,000 baht per year, which allow LIR to project approximately one million baht per year income for the proposed investor.

*The larger Factory Buildings A, B, and C will only be built with commitments from established companies. So it is only the smaller units (for which there is strong demand) which may or may not be fully rented at any given time.

LIR has tenants waiting to move in. We have commitments from the Thai Bronze Foundry, Siam Global Innovations, Co. Ltd., Thai Freeze Dry Co. Ltd., and Sorn International Enterprises, Co. Ltd. - all Thai companies controlled and operated by foreign nationals. There are alread a number of serious prospective tenants waiting for Phase One to get underway. Once it does so, we expect others to "jump on the bandwagon".

Phase Two:

The back twenty four Rai, designated as "Phase Two" will be sold or leased on long terms to tenants who want to own and design their own facilities. The income anticipated from the sale or long-term leasing of the land by LIR is 15 million to 24 million baht. If we add the potential income from construction by LIR, then these figures will increase dramatically. These funds will be re-invested into Phase One.