Ansar Financial Group companies were planning to develop about 186 Acre land that they bought in the County of Strathmore, about 20 kilometres east of Calgary, on the Trans Canada Highway. This land has been designated by the County for future Industrial/Commercial use and an Area Structure Plan for development known as Ansar Industrial Park has already been submitted for approval by the County.

Once approved, it is expected that this land will be developed in 4 to 5 phases and is expected to have a number of between 2 and 5 acre lots suitable for various size companies/business uses. Normally, depending on the location and prevailing market conditions, the value of raw land increases by 2 to 4 times once an Area Structure Plan is approved, the land is subdivided by the Municipality and is ready for development.

This project will be done through a newly incorporated Alberta joint venture company known as A Fin Investments Ltd. AFDC will own 49% of this company and the remaining 51% will be owned by three other Ansar Financial Group companies.

The initial Project Cost will be $5 Million that includes the cost of land and Area Structure Plan approval process. The investment from AFDC will be in the amount of $2,450,000, 49% of $5 Million. The Project will be developed in four or five phases and each phase will require additional investment between two and three million dollars for building roads and bringing in the services. The income from this project is expected to flow in two to three years once sales are completed for each phase. For this reason, this is considered as a long-term investment project.