Conventional Dredger Construction Project
Status
Price Per Share
$99
Earning Monthly
$ 14.85
Fix Profit
$13.365
Description
The construction/fabrication of a conventional dredger used for mining sand minerals from the river for commercial purpose. The dredger is inserted in to a river where it is used to excavate sand (sand sharp) from the river which is bought by construction companies, individual and block industries. This sand is used for construction of bridges, houses, molding of blocks and sand blasting of rusted irons and pipeline. This minerals is on high demand and has good economic value due to its density.
Prospects
Dredging is a lucrative business like every other business when handled and managed professionally. It is a mining technique which allows the excavation of sand mineral for construction and engineering purpose. Dredging is a mechanical way of excavating sharp sand from the river, this sand is said to be sharp due to its density and is widely used for construction. The operation techniques involves a suction pump, a pump, a Lister generator, a gear system, floaters and base floaters and winch which is a simple pulley. This equipment make up a dredger. We intends to be a major producer and suppliers of the sand mineral in 5 years and also gravel. The mechanical operations by our technology is easy to maintain and repairs should the system fail is easy to undertake since the parts are easily and readily available in the market.
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