PRESTIGE (FE) INTERNATIONAL

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Phone
65-9-9380...
Country
SingaporeSingapore
Address
Bukit Batok
Singapore(Zip/Postal:650375)

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Company Description

PRESTIGE offers a wide variety of financial products to private sector projects in developing countries. In order to be eligible for PRESTIGE'S placement funding, a project must meet a number of PRESTIGE criteria:

The project must be located in a developing country.

It must be in the private sector.

It must be technically sound.

It must have good prospects of being profitable.

It must benefit the local economy.

It must be environmentally and socially sound, satisfying PRESTIGE.



A company or entrepreneur, foreign or domestic, seeking to establish a new venture or expand an existing enterprise can approach PRESTIGE directly by submitting an Investment Proposal. After this initial contact and a preliminary review, PRESTIGE may proceed by requesting a detailed feasibility study or business plan to determine whether or not to appraise the project.



The proposal can be submitted to PRESTIGE'S appointed industry sector specialist, to determine the viability of the proposal.



Government Cooperation



Although PRESTIGE is primarily a financier of private sector projects, it may facilitate finance for a company with some government ownership, provided there is private sector participation and the venture is run on a commercial basis. PRESTIGE does accept government guarantees for its financing.



Pricing and Financing Ceilings



To ensure the participation of investors and lenders from the private sector, PRESTIGE limits the total amount of own-account debt and equity financing it will provide for any single project.



PRESTIGE provides a wide variety of financial products and services to its clients and can offer a mix of financing and advice that is tailored to meet the needs of each project. However, the bulk of the funding, as well as leadership and management responsibility, lies with private sector owners.



Like other private sector investors and commercial lenders, PRESTIGE'S placement lenders:

Seeks profitable returns.

Prices its finance and services in line with the market.

Fully shares risks with its partners.



* Projects in sectors such as information technology may be located in an industrialized country if the benefits of the project primarily accrue to a developing country or countries.


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