Unlocking New Markets Together: A Partnership Built on Trust
Overview of the JV Proposal
At Metals Global Trading, we see potential where others see scrap. Our joint venture proposal is simple yet game-changing: together, we tap into the valuable market for salvaged car engines from end-of-life vehicles. With MGT as your dedicated partner on the ground in Senegal, we offer our expertise, local market knowledge, and a streamlined process to turn salvaged engines into high-demand products. Our role is clear, efficient, and opportunity-rich, handling the complete sales cycle from import to distribution.
How it Works
- Preparation and Shipment: As our joint venture partner, you're in charge of organizing and shipping containers filled with carefully selected engines after collection and reclamation of engines from damaged or ELV.
- Arrival and Import: Once the shipment reaches Senegal, MGT handles all locall processes, from customs clearance to warehousing, marketing and sales.
- Customs Warehouse for Secure Storage: To ensure the safety and security of the car engines and parts upon arrival in Senegal, MGT uses a Customs Warehouse facility. Goods are stored at the Port of Dakar under the supervision of Senegalese Customs, ensuring each item is well-documented and protected from theft, damage, or misappropriation. Engines remain securely stored until they're fully paid for by local buyers.
- Direct Payments to Partner's European Bank Account: All payments from local Senegalese buyers will be made directly to the JV partner's European bank account before goods leave the Customs Warehouse. This direct payment arrangement provides transparency and ensures that funds are securely transferred without delay.
- Sales and Distribution: Our team takes the lead, connecting with our network of buyers to ensure rapid sales. Proceeds are paid promptly and directly to our partner.
Benefits for Partners
Partnering with MGT means:
- Low-Risk Entry to a New Market: With MGT managing local distribution and sales, you can enter a high-demand market without the need for on-the-ground operations.
- Revenue Growth: By extending the lifecycle of these engines, you're turning excess into profit.
- Direct Payment Assurance: With payments made directly to your European bank account, you have full control and confidence in the financial process.
- Security Through a Customs Warehouse: All goods are stored in a secure facility overseen by Senegalese Customs, ensuring full transparency and protection.
- Established Relationships in Senegal: MGT has strong , long-standing relationships with local car parts dealers, distributors, and government entities, providing immediate access to a trusted sales network.
- Guaranteed Demand: The demand for used car engines and parts in Senegal is robust and growing, ensuring a steady and reliable market.
- Environmental Impact: By salvaging and repurposing engines, you're contributing to sustainability efforts, making this joint venture both profitable and impactful.
Market Insights
Here's what we know: car engines are in high demand in Senegal, particularly for brands and models popular on West-African roads. Our local market experience tells us that repurposed car parts are not only valued but essential in a region where reliable, cost-effective engine solutions are highly sought after. Working with MGT gives you direct access to a proven market that's ready to buy, and buy quickly.
Logistics Managed by Partner
We know that logistics is everything in this business. In this joint venture, we ask our partner to take the lead on logistics, covering cost and handling shipping from Europe to Senegal. From the moment those containers reach Senegalese soil, MGT steps in - using our local connections, facilities, and understanding of the market to get these valuable parts where they're needed. Your role? To make sure those shipments arrive, and let us handle the rest.
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