MAK-CIXING (BD) JOINT VENTURE
Starting Date: 1st February 2024, Thursday at Booth Number 8-580 of International Convention City Bashundhara (ICCB), Dhaka, Bangladesh.
This is a joint collaboration of MAK LLC LTD and CIXING BANGLADESH LTD under PAR-CE Programme to create jobs by reducing gap between education and industry requirements.
Mission: BDT 20K per employee per month, BDT 40K each Team Leader per month*.
Current Economic Structure (CES) is unable to create new jobs in a sustainable way. This is why we are committed to implement PAR-based Economic Structure (PES) under the policies mentioned below:
EOBs (Employee Ownership Businesses);
Start from small;
Work and Win (W&W);
Work and Own (W&O);
better Living @ Lowest Costs (LLC) under Smiley Theory.
Modularize 1 (One) Assembly and Finishing (A&F) Line production concept into 20 separate individual Units with 5 (Five) Red Team, 5 (Five) Green Team and 1 (One) Blue Team members of PAR-CE Family.
Starting point:
A&F only –
Option 1: 48 Pairs/ 8 Hours
Option 2: 120 Pairs/ 8 Hours
Option 3: 240 Pairs/ 8 Hours
Selected Option: We need to decide what Option is suitable for us.
Option 1 Budget (1,200 Pairs/m): 48 x 500 x 25 = Tk 600,000 per month;
Option 2 Budget(3,000 Pairs/m): 120 x 500 x 25 = Tk 1,500,000 per month;
Option 3 Budget (6,000 Pairs /m):240 x 500 x 25 = Tk 3,000,000 per month;
Satellite Factories:
1.1 Flyknit Uppers: Max. 2 (Two) Red Team for running Min. 6 (Six) Flyknit Machines each per shift;
1.2 Outsole: Own or Outsourcing Factory with or without Outsole Moulds;
1.3 Cutting: Both Punch-cut and/or Laser cut;
1.4 Stitching, Printing, Embossing, Embroidery: Own and/or Outsourcing factory;
1.5: Accessories: Own and/or Outsourcing;
1.6 Adhesive and other chemicals: Own and/or Outsourcing;
1.7 Packing materials: Own and/or Outsourcing.
NPBT DISTRIBUTION:
20:80 based
EOs (Employee Owners): 20% (For making own house in 10 Years*)
Entrepreneurs: 80%
CIXING FOOTWEAR: …..%
MAK LLC: ……%
Note: After certain levels, the policy would 60:40. EOs 60%, Entrepreneurs (20%+20%) = 40%. Finally the policy would be 80:20. EOs 80% (because they are more in numbers) and Entrepreneurs (10%+10) = 20%.
CIXING ICI:
NPBT Distribution Phase-1: EOs Vs Entrepreneurs 20:80, Phase-2: EOs Vs Entrepreneurs 60:40 & Phase-3: 80:20.
Starting point: 24 feet x 25 feet = 600 sft: 1 room for flyknit uppers (CIXING BRAND 4 Shoe Upper Machines)
Required: 24 feet x 25 feet room (600 sft) for Assembly & Finishing (A&F) to start in the ground floor. And 5,000 sft in the 4th floor of the main building for ICI.
For Joint Venture Agreement, please click Learn more … Button.
Contribution of CIXING BANGLADESH LTD
The following is the contribution of CIXING BANGLADESH LTD to the PAR-CE Programme:
1.0 5,000 Square feet Building Space on deferred basis (5,000 x Tk 50/sft rent = Tk 250,000 per month, 250,000 x 12 = Tk 3,000,000 per year, 3,000,000 x 5 = Tk 15,000,000 in first 5 Years);
2.0 4 (Four) Sets of Jacquard Machines (CIXING 3 System) for making Shoe Uppers (US$12,000 x 4 = US$ 48,000 or Tk 5,760,000);
3.0 24 feet x 25 feet = 600 Square feet room for running Flyknit Jacquard Machines (4 sets) in the adjacent factory shed beside Cixing ICI. Rent per square feet Tk 20*. Total (600×20) = Tk 12,000 per month; Tk 144,000 per year; Tk 720,000 in 5 Years..
4.0 Working Capital of BDT 2,000,000. Estimated investment in 5 Years: Tk3,000,000.
Total contribution (investment) by CIXING BANGLADESH LIMITED in 5 Years: Tk24,480,000 (i.e. Tk 25,000,000).
CIXING ICI at 3rd Floor (5,000 Square Feet Building Space)
Contribution of MAK LLC LTD
The following is the contribution of MAK LLC LTD to the PAR-CE Programme:
1.0 Marketing Establishment in the UK at 8 Crown Square, Penrith, CA11 7AB, Tk……………………………. ;
2.0 Human capital (Expertise), Tk………………………………
Human Resources of PAR-CE Programme
The following people will be involved in PAR-CE PROGRAMME with the job descriptions mentioned herewith:
Administration Section - CIXING BANGLADESH LTD (FACTORY)
Human Resources
Important Links
Important Links
Important Links
Important Links
Initial Shoe Upper Making Jacquard Machines (Start Date: 1st March 2024)
- Machine ID: CXJACQ1.1
- Machine ID: CXJACQ1.2
- Machine ID: CXJACQ1.3
- Machine ID: CXJACQ1.4
- Machine ID: .................
Initial Sweater Making Jacquard Machines (Start Date: 1st March 2024)
- Machine ID: CXJACQ2.1
- Machine ID: CXJACQ2.2
- Machine ID: CXJACQ2.3
- Machine ID: CXJACQ2.4
- Machine ID: CXJACQ2.5