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Dear Sirs,
We wish to state that the amount of our investment will be around 2 to 2. 5 million US dollars, partly in the form of cash and partly in equipment. As to the project site, we agree with you because Guangzhou offers better conditions for shipment, transportation, communication and banking. This city will be especially suitable for exporting glass after the factory is completed and starts production.
As joint venture involves complicated procedures, especially in the legal aspects, we should appreciate your furnishing us with more concreted detail so as to enable us to proceed with the matter further.
If you think a face-to-face discussion will help clarify and settle any question existing between us, we are prepared to send our Assistant Manager, Mr. Johnson, and 2 experts to Guangzhou to call on you in person, so that problems can be settled on the spot, and agreement can be reached at early date.
We await with keen interest of your comment and sincerely hope that our proposed talk will yield fruitful results to our mutual advantage.
Yours sincerely
John Smith
General Manager
Smallest amount of investment: around (46) .
Investment forms: in (47) .
Project site: (48) .
Purpose of the letter: a (49) discussion
The position of Mr. Johnson (50) .

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cash and equipment
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