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FOCUS Free State Development Corporation investment opportunities The Free State Development Corporation is driving a number of exciting investment opportunities in the Free State Province. MABELE FUELS (PTY) LTD Mabele Fuels (Pty) Ltd is a company registered in the Republic of South Africa whose business is the manufacture of fuel-grade ethanol from grain sorghum for sale to the South African biofuels market. The company was founded and incorporated in 2005 and resolves to build a bio-ethanol-from-sorghum plant in Bothaville in the Free State Province, South Africa. KEY FACTS Sector: Renewable energy Value: R2.5-billion Job creation: 5 000 jobs PROJECT DESCRIPTION The establishment of a sorghum-based bioethanol refinery in Bothaville. The plant will have the capacity to produce 153-million litres of fuelgrade bio-ethanol per year. To discuss these opportunities, contact Marlan Mouton, Project Coordinator Email: Marlan@mabelefuels.com Philip Bouwer, Project Manager Email: phil@mabelefuels.com National Department of Energy: Tel: +27 57 391 1326 / 1300 Fax: +27 57 352 2673 Free State Development Corporation: Peterson Molukanelo (Acting) GM: Marketing, Trade and Investment Tel: + 27 51 4000 800 Email: petersonm@fdc.co.za PROJECT STATUS The project will be funded by a combination of equity funding (shareholders) and financial institutions. The full suite of project and finance documents are available. FREE STATE BUSINESS 2019 12
FOCUS QUIRINUS (PTY) LTD KEY FACTS Quirinus (Pty) Ltd intends to establish a manufacturing plant in Harrismith, Free State province. The plant will make male and female latex condoms for both the private and public sector markets Sector: Manufacturing Value: R220-million Job creation: 198 jobs PROJECT DESCRIPTION The establishment of male and female latex condoms manufacturing plant for both private and public sector markets. To discuss these opportunities, contact Parma Naik, Project Promoter Email: parma.naik@gmail.com Free State Development Corporation: Peterson Molukanelo (Acting) GM: Marketing, Trade and Investment Tel: + 27 51 4000 800 Email: petersonm@fdc.co.za PROJECT STATUS This project is currently in the phase of business and contract negotiations. The project will be financed by shareholder and bank loans. Partnerships exist with V-Worldwide Group, HLL and Prometheum Investments (Pty) Ltd. 13 FREE STATE BUSINESS 2019
