I'm currently in the process of securing 2700 acres agriculture land. Up to date, the land allocation has been approved and I'm required to conduct land survey for land registration purpose. The said processes will incur expenses estimated approximately US$375,000 to cover land survey cost, land registration cost and land premium to be paid to government.
In return, the investors of the funding above will be offered 40% stakes of the strategic company that holds the land use right. Furthermore, there are underlying agriculture projects approved by government, which will be jointly set up with a few committed project partners on the particular land.