Our Activities

OUR MAJOR INVESTMENT PORTFOLIO

– CURRENT PROJECT INVESTMENTS

-THE RAILWAY NETWORKS
-BUILD AND OPERATE ETHANOL PLANTS USING BIOMASS PRODUCTS, U.S.A.
-BUILD AND OPERATE PLANTS CONVERTING SCRAP TIRES INTO CARBON AND FUEL OIL PRODUCTS
-N I T BUILDING MANAGEMENT COMPANY LIMITED

– PLANNED PROJECTS
 

THE RAILWAY NETWORKS / HIGHWAY DEVELOPMENT AND RE-CONSTRUCTION -Project Investment in Traffic / Transportation / Infrastructures in Republic of Ghana, Africa

This Project involves the development, reconstruction and expansion of 1,500 Km of Railway network (from Tema to Paga through Accra, Ejisu, Nkoranza, Techiman and Tamale) and 350 Km from Tema to Kumasi (this is the first stage of the Project). An initial feasibility study has been executed by DE-Consults of Germany. The evaluation reports had been passed by Ministry of Finance and Economic Planning. The Public Procurement Board raised no objection to the Project and recommended to the Parliament of the Republic of GHANA for approval and an Official Approval of Concessionaire of 35 years has been awarded to N I T as the Investor with its local Ghana partners. After the concessionaire period the entire Railway System will be transferred over to the GHANA Government debt free for USD 1.00.

This DBOT (Design, Build, Operate and Turnover) Project involves the investment of an estimated US$ 6 Billion over a construction period of Seven (7) years. As of the date of posting information on this website, the required Parliament / Presidential approvals for the Concession have already been granted. As the sole Investor in this Project, NIT HOLDINGS LIMITED is cooperating closely with the Government of Ghana, the Project Operator and the independent Project Manager in conjunction with the Technical Consulting Manager – DE-Consult AG, the railway consulting expert of Germany Government Railway System. It is expected that the full scale work will start during 4th quarter of 2007, by stages. It is anticipated to be totally completed during 2013/2014. The inflow cash to pay off the investment during the Concession Period is from the Concessionary Income of the fees from usage of the railway system.

 

BUDGETED INVESTMENT: US$6 Billion

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BUILD AND OPERATE ETHANOL PLANTS USING BIOMASS PRODUCTS, U.S.A.
- Project in Green-Energy

This patented technology converts Biomass, Biomass refuse and other renewable wastes (Maize, Sugar Cane, Fuel Cane, i.e., an off-branch of sugar cane) into ethanol, using sorghum to increase the productivity / efficiency of extracting from the given quantity of maize or sugar cane / fuel cane used. Different from the traditional method of producing ethanol, this advanced technology can make use of even the biomass waste for extracting the ingredients for making fuel-type ethanol.

Plans are for three plants in Louisiana and two plants in Florida by the N I T and its subsidiary exclusively holding the technology. Each plant requires an investment of around US$ 150 million. The total initial investment is estimated at US$750 million. The supply of raw materials is secured through the contractual relationships with local farming organizations and the output – ethanol -- will be distributed through the national distribution network. The waste product can be provided back to farmers as feed stock for cattle.

SCHEDULED INVESTMENT: US$750 MILLION

 

BUILD AND OPERATE PLANTS CONVERTING SCRAP TIRES INTO CARBON AND FUEL OIL PRODUCTS - Project in Environmental-Friendly Industry

For this environmentally friendly project N I T Holdings Limited is prepared to fund this environmentally friendly project to efficiently process scrap passenger car tires to quality carbon that can be a raw material input to new tires, an acceptable filler in rubber products production, an additive to paint pigments and plastics, and a replacement for carbon in printing ink. Carbon Ventures LLC, a U.S.A. company, is leading this project using licensed patent pending technology that uniquely size reduces the product to a form that makes it more than competitive with existing carbon products. The processing system is a 100% closed system, with no harmful emissions that effect health of the population or the environment. Captured as natural gas and oil, the gas by-product is used to fuel the system and the oil is distilled into heating oil for subsidized home heating oil programs. The elimination of the hundreds of millions of scrap passenger car tires worldwide will effectively remove one significant environmental problem. Focusing on Europe and the US initially, this technology will be made available to all parts of the world within three years. The current schedule of plants include six plants in U.S.A., two plants in Germany, one plant in France, three plants in Eastern Europe, one plant in Hong Kong (SAR) and three plants in P.R. China. The allocated funding of 300 million USD will supply funds to build up to 20 plants worldwide.

 

 

FIRST STAGE - INVESTMENT: US$ 300 MILLION

 

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N I T BUILDING MANAGEMENT COMPANY LIMITED, North East China Location, P.R. China - Project in Environmental-Friendly Industry

The initial total investment for this Project is US$55,000,000.00 scheduled for the application of sophisticated and practicable technologies, coupling with modern business administration and management with a view to enhance the output quality and developing of new products and at the same time achieving the market edge and competitiveness in securing the economic efficiency from where both the Company and the ENVIRONMENT can benefit. It is focused on the production and sale of Expansive Polystyrene Granule Cement Latticed Concrete Wall Products. This new product is intended to substitute and gradually phase out the traditional red-bricks in the building industry in the year 2010.

It is light, easy to combine with almost unlimited design possibilities.

TOTAL INVESTMENT: US$55,000,000.00

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Additional Planned Projects

Self - Corporate Social Responsibility Converts into Plans

- CONCEPTUAL PROJECT PLANS

In realization of the NIT VISION and with the co-operation/liaison of the relevant local authorities, NIT has developed a conceptual plan for socially responsible investments that include the following at this stage:

• Low-cost housing for Less-Developed Regions through the application of more economical and environmental-friendly building materials, to cater the needs of the needed in areas like Sri Lanka, Indonesia, Thailand, Africa and South America;
• Development of new fabricated building materials for the preservation of natural resources;
• Development of storage of recyclable / rechargeable portable Fuel Cells through the application of Non-Fossil Fuel, Wind-Power and Solar Energy;
• Implementation of free basic education services offered to regions in need, e.g. Africa, East Europe, Asia, North-East and North-West of P.R. China;
• Infrastructure / Facilities Improvement in Less Developed Areas;
• Basic Medical Services required in the Most-Poor Regions;

 

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