MAPNA international Co. along with its partner, MAPNA, work on project financing after signing the commercial contract with governmental clients or after approval of Council of Economy and if client accepts the Financial Supply of the project.
Most of the works done on this subject areelecting a bank as financial supplier through holding a limited tender among banks. After bank selection based on MAPNA considerations (including direct payment to Iranian manufacturers through L/C for enhancing the capability of domestic factories), the selected Bank is introduced to client. After finalizing the selected financer bank by Central Bank of Iran, MAPNA international makes necessary coordination with different parts of project such as: foreign supplier of main equipment, local manufacturers, client, Iranian commercial bank, foreign bank and central bank of Iran. This agreement is done for making contractual agreement subject to Project Financial supply between Financer bank and Iranian bank.
After signing and exchanging the Financial supply contract between Foreign bank and Iraina bank and opening L/C, MAPNA international will follow up for issuing the financial ministry bid bond and legal aspects till making useful of receiving facilities.