Page 2 - TCL International VILLETA BUSINESS PLAN AND FEASABILITY STUDY
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Table of Contents

                          Executive Summary
                              A.  Objectives
                              B.  Business Climate
                              C.  Business Opportunities
                              D.  Financial Summary

                       1.  Introduction                                                                                                                                       3
                              A.  Country’s Overview
                              B.  Geographical Location
                              C.  Climatic Conditions
                              D.  Trade Status
                              E.  MERCOSUR
                              F.  Investment Incentives and Taxes

                       2.  The Project                                                                                                                                        8

                       3.  Operating Partners                                                                                                                         9
                              A.  TCL International, Inc.
                              B.  Ceregral S.A.

                       4.  Market Analysis                                                                                                                              10
                              A.  Current Situation
                              B.  Competition
                              C.  Advantages of the Projected Terminal

                       5.  Present Opportunities                                                                                                                  13
                              A.  Annual Trade History
                                     a.  Import Products Summary
                                     b.  Export Products Summary
                              B.  Main Import Products
                                    a.  Containers
                                    b.  Vehicles and Machinery
                                    c.  Fertilizers and Agricultural Chemicals
                                    d.  Imports Projection
                              C.  Main Export Products
                                    a.  Containers
                                    b.  Seeds and Grains
                                    c.  Beef and Meat Products
                                    d.  Exports Projection

                       6.  Present Logistics Waterways                                                                                                    24
                              A.  Grain Export Logistics
                              B.  Meat Export Logistics

                       7.  National Logistics Plan: Paraguay 2013                                                                                 25
                              A.  Priority Projects
                              B.  Transportation Flow in the Country
                              C.  Encircling Grand Asuncion
                              D.  Logistics Activity Zone

                       8.  Existing ANNP Port Facility                                                                                                         29

                       9.  Existing Terminal Facility and Custom House                                                                       30
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