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Humanitarian Projects
Adding value to the Society forms the core component of the mission that we at VAAMAA FOREX along with The Pintus Group are keen to undertake. With funds in excess of One Hundred Billion United States Dollars assigned by The Pintus Group for socio-economic projects and humanitarian activities in India, we come together to extend a helping hand in the development of our nation – INDIA. Our motive is to bring a positive change in the lives of the needy and the poor living in the rural areas, by providing financial assistance for undertaking projects such as low cost housing; solar electricity; clean drinking water; cow shelter; rural electrification; educational and medical facilities; broadband facilities; cleaning of rivers; rainwater harvesting and clean fuel to name a few. The objective lies in redevelopment of the whole village(s) with modern amenities and converting them into a SMART VILLAGE, which will empower the rural population of our country by creation of new job opportunities for them.
In addition to supporting humanitarian activities, our mission is to promote infrastructure development of our country like Railways Metro Rail(s); Waterways and Roadways etc., which act like the arteries of our nation and a strong network ensures the development and growth of the industries of our country. The additional positive aspects of these humanitarian projects include reverse migration from urban back to rural, from services to agriculture to hence gain self-sufficiency in food production thereby bringing prosperity for our nation.
The Pintus Group plans to undertake these humanitarian and socio-economic projects with funds with its complete legal ownership, which are clean; legitimate; of non-criminal; of commercial origin and do not contravene any of the following laws – i.) the drug trafficking act of 1986 ii.) the criminal act of 1988 iii.) the prevention of terrorism (temporary provisions) act of 1989 iv.) the criminal justice (International Corporation) act of 1990 v.) the criminal justice act of 1993 vi.) the anti-terrorism act and the patriot act i and ii, and/or do not result from any other illegal or criminal activity.
In our opinion, the Governmental authorities interested in economic and social development projects have to employ Project Financing techniques to control achievement costs and to have guarantees about project fulfilment, for which it is important to own adequate financial means to gain access to the capital markets. These options are influenced by the needed economic resources of the nation. In addition, the access to the capital markets has a cost depending on the project’s quality (economic, financial and managerial sustainability); the country rating; the loan interest and the loan duration; where in most cases the loan has to be guaranteed by the sovereign debt.
In our opinion, the Governmental authorities interested in economic and social development projects have to employ Project Financing techniques to control achievement costs and to have guarantees about project fulfilment, for which it is important to own adequate financial means to gain access to the capital markets. These options are influenced by the needed economic resources of the nation. In addition, the access to the capital markets has a cost depending on the project’s quality (economic, financial and managerial sustainability); the country rating; the loan interest and the loan duration; where in most cases the loan has to be guaranteed by the sovereign debt.
With a strong knowledge and experience to deal with such issues, we are aware of the possibility that some projects of governmental interests could not be profitable, beyond the ability of refunding the debt. So the group is available to outline methods and procedures to avoid this risk, suggesting suitable solutions by adopting engineering structure that can guarantee the project’s bankability, without additional duties for governmental authorities and the removal of duties that usually limit nearly all project financing activities.
We at VAAMAA FOREX along with The Pintus Group are keen to extend a helping hand for the implementation of such projects, for the benefit of our nation, India, so that such projects can be undertaken, complying with all international laws without overloading the state’s coffers; without accessing to direct financing on the capital markets, removing duties as those risks that are incidental to a standard investment process, by means of project financing techniques.
