Originally Posted by
moimoi
US$45M estimated by RAK, is potentially required to get the factory thru to break even position operationally.
The problem in a nutshell is that while the machinery in the factory is operating at close to 100% of capacity, only 20% of the factory is being utilised and RAK doesn't have the dough to put in more machines.
It seems Chengdu is one of surely only a few large cities in the world, where a brand spanking 12,000 sqm state of the art factory, is worth less than half of what you paid to build it, once its complete. Go figure...