Harvest Time
8 months
Sugar Cane Export
ROI
8.00% - 12.00%
Cost Per Unit
৳10,000.00 BDT
Invest End Date
27 Sep, 2025
Project Overview
1)As this is a Murabaha contract concerning buying and selling or exporting abroad, there is no opportunity for an emergency exit for investors. We will purchase the products and export them abroad. Therefore, we cannot return your investment amount before the project closure.
2) Duration of Investment
The total investment amount will be - 1,87,00,000
This investment will be for 4 Months.
3) Projected ROI(Return of Investment)
The return on investment (ROI) will be 40% annually. In four (4) months, the investor will receive a halal dividend of 13.3% (excluding service charges).
4) Investment Part
Here, the minimum investment would be 40,000 TK, or investors can invest up to the project limit. Halal dividends will be disbursed every four months.
For example, if someone invests 100,000 TK (one lakh taka), they will receive 140,000 TK, excluding service charges (100,000 TK as the investment part and 40,000 TK as the profit part in a year).
5) Loss Sharing
Grow Up is a Shariah-compliant project, and according to the Murabaha Principle, investors bear no responsibility for any business losses after transferring the liability to the Grow Up authority. Any losses incurred after handing over the product to the agent/merchant are not shared with the investors. Therefore, there will be no loss sharing from the business after the handover of the product to the merchant.
6) Service Charge
Grow Up will apply a 5% service charge on investors' profit. It should be noted that all of the mentioned ROI above are provided after excluding this service charge.
7) Contract Conditions
Investors will enter into a Murabaha Agreement regarding buying and selling or exporting abroad with Grow Up Authority.
- It will involve a "buy-and-sell or export to abroad" process where investors will first buy products (sugar cane) through Grow Up and then export or sell the product through Grow Up.
- Grow Up will act as an agent for the investors, purchasing the products, assuming necessary ownership and risk of asset possession on their behalf, and then selling or exporting abroad.
8) Risk Factor
Following our calculations, although the risk factor is 3 percent, GrowUp's highly expert team would be able to effectively manage the risk associated with these matters, as mentioned above.
9) Payment Delay
Grow Up has conducted an in-house analysis of the projected returns of the business and expects to be able to repay on time, barring any unforeseen risk factors.
10) Security
Grow Up provides the following documents to investors:
- Contract Deed (300 tk Stamp)
- Security cheque
- Money Receipt
- Guarantor
- Copy of Authorized deed
Project About
The sugar cane export project focuses on the cultivation, processing, and international distribution of sugar cane, a versatile and economically significant crop. Sugar cane, scientifically known as Saccharum spontaneum, is primarily cultivated in tropical and subtropical regions, making it a vital commodity for countries like Brazil, India, China, and Thailand. With its diverse range of applications, from sugar production to biofuel, the global demand for sugar cane is on the rise, creating significant export opportunities.
Importance of Sugar Cane
Sugar cane is primarily known for its role in sugar production, accounting for approximately 70% of the world’s sugar supply. Beyond providing sugar, sugar cane is an essential ingredient in various culinary applications, including syrups, molasses, and alcoholic beverages like rum. Furthermore, sugar cane is a rich source of biofuel, particularly ethanol, which is increasingly being recognized as a more sustainable energy option.
The nutritional value of sugar cane is often overlooked; it contains antioxidants, vitamins, and minerals, lending some health benefits when consumed in moderation. The growing awareness of health and wellness trends has also sparked interest in sugar cane's alternative products like raw cane sugar and natural sweeteners.
Cultivation and Production Practices
Successful sugar cane cultivation requires specific agricultural practices tailored to the crop’s needs. Farmers utilize proper land preparation, planting techniques, and irrigation systems to maximize yield. The planting process typically involves setting sugar cane stalks into well-prepared soil, allowing for optimal growth conditions.
Sustainable farming practices are increasingly emphasized in sugar cane cultivation. Crop rotation, the use of organic fertilizers, and integrated pest management are practices that help maintain soil health, reduce chemical use, and enhance biodiversity. These methods not only promote environmental sustainability but also help in producing high-quality sugar cane that meets international export quality standards.
Post-harvest, sugar cane must be processed promptly to prevent degradation. The extraction of juice from the cane is followed by clarification, evaporation, and crystallization to convert the juice into sugar. Ensuring efficient processing while adhering to hygiene and quality standards is vital for maintaining the integrity of the product before export.
Market Potential and Export Strategies
The global sugar market is projected to grow significantly, driven by rising demand for sugar and its by-products. Emerging markets, along with established ones such as the U.S. and EU countries, present ample opportunities for sugar cane exporters.
To capitalize on these opportunities, producers must develop robust marketing strategies. Highlighting the benefits of sustainably farmed sugar cane can appeal to health-conscious consumers and environmentally aware businesses. Moreover, establishing certifications for organic and fair-trade products can enhance marketability.
Building partnerships with distributors and retailers in key markets is crucial for successful export. Engaging in international trade shows and food exhibitions can provide exposure to potential buyers and help establish valuable business connections.
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