COMPETITIVENESS SUPPORT FUND (CSF) PAKISTAN

FoodWorks has started work as Agro-processing and Food Sector Advisor to the CSF in Islamabad, Pakistan. The Fund is established under the auspices of the federal Ministry Of Finance and USAID at over $20 million of start-up capital. The money is to be spent via three windows on Technical Assistance, Matching Grants and Business Incubation for SMEs. Chairman of CSF is Minister of State for Finance, Mr. Omar Ayub Khan and the Fund's Director is Mr.Arthur Bayhan. CSF prime objective is to increase the competitiveness of Pakistan against World Economic Forum benchmarks. Geoff Quaretrmaine Bastin is travelling extensively throughout Pakistan to develop a policy-specific report on the food industry that will be implemented at Federal/Presidential level. The study will be completed in early february 2007. For more information on the CSF check out the website at http://www.competitiveness.org.pk

BIO WORKS CO.LTD.

FoodWorks is partnered with Bio Works Co. Ltd in an arrangement whereby FW provides economic and financial analysis of projects while Bio Works provides expert services in science and technology. Bio-Works Co. Ltd, in collaboration with Inovata AB, produces chromatographic separation media in Sweden that are basic tools for lifesciences, food and beverage industries and the environment. Via its current work for the Competitive Suppport Fund (CSF) in Pakistan, FoodWorks has established a working relationship with the Federation of Asian Biotech Associations (FABA) and the Pakistan National Commission on Biotechnology. Possible projects include production of whey protein isolates, the use of ultra filtration in the juicing industry and the production of health food supplements. All are being considered under the work for CSF.

CONSULTING IN CENTRAL ASIA

with FoodWorks Company Limited

FoodWorks and UBI Consulting are affiliated companies specializing in a range of consulting services targeted to the Central Asian and Former Soviet Union countries. In particular we are working in Afghanistan, Kazakstan, Kyrghyzstan, Uzbekistan, Tajikistan and Turkmenistan.

UBI Consulting LLC is an Uzbek professional group providing services to customers across the public and private spectrum. The company was established in response to the increasing rate of change in international development in Uzbekistan and other countries of Central Asia. UBI specializes in strategic studies, feasibility studies, and evaluation activities and project experience. The goal of UBI Consulting is to provide quality value added services and products through prompt, innovative, client oriented approaches with experienced technical staff and time tested partnerships with peers and clients. Also UBI Consulting provides advisory services to engineering and consulting companies in their acquisition of projects funded by the International Financial Institutions. For more information on UBI contact Jamshid Ganiev on jamshid_ganiev@ubi.uz or look at our website at http://ubi.uz/index.htm