Individual investors, who would benefit from a lower rate, contributed less than 10 percent.
Its investors contributed an additional $7 million in 2001.
"Now we recognize how much foreign investors can contribute to the dynamism of our wine industry."
The three investors had together contributed $280,000 of the show's $1.3 million capitalization.
In these cases, too, investors must contribute the $2,000 by April 15 to qualify.
The program's budget for the first year was $10 million, of which investors contributed $2.5 million.
Smiley's seven investors would contribute $109.5 million, the newspaper said.
They say he has done little to induce businesses and large investors to contribute to developing the east.
And by setting up a special investment vehicle which big private and public investors, including countries such as China, could contribute to.
Unidentified investors will contribute $3.5 million of outside capital.