Project name

Fenghua No. 2 Water Works

Cooperation form

Equity JV or contractual JV

Project description

Production scheme
Construction plan
Market analysis
Operation scale
Sales forecast

    Project scale ： water supply capacity being 150,000 ton a day.
   With urban economic growth, population increase and general living standard improvement comes a fast increasing demand for tap water. In the next few years, the present water supply capacity of 80,000 ton a day will fall short the demand. The project intends to acquire a land of 150 mu, where will be built Fenghua No.2 Water Works with a capacity of 300,000 ton a day. The project is a proactive effort in answer to the needs for water from economic development and domestic use.

   Annual sales is forecasted at RMB200 million and annual profit at RMB4 million.

Equipment import & material supply

Investment estimate & cost efficiency

Total investment

USD27 million

Registered capital

USD10.8 million

Annual sales

RMB200 million

Anticipated means of investment from foreign partner

Annual profit

RMB4 million

Foreign exchange

Technology

Equipment

Brand name

Others

Internal return rate

a

Payback period

8.5 yrs

Basic facts of Chinese partner (ownership, total and fixed assets, current products and sales, current equipment and technology, support facility, etc.)

    Founded in March 1975, Fenghua Water Supply Corporation is the only urban water supplier in Fenghua city. Currently the company operates two water works respectively in Qiujiashan and southern outskirts of the city. It employs 164 people and has total assets of RMB 60 million. Its water supply covers an area of more than 30 sq. km, where are installed total 7000 master water meters.

Project location & geographic advantage

   The project is located in Fenghua city, where there is the brisk economy, well developed service industry and high living standard, hence the fast growing demand for water.

Project status quo

Project proposal approved and FS being prepared

Project data available

   Project proposal

Organization to contact

Fenghua Water Supply Corporation

Person to contact

Cheng Yong

Address

1-6 Nanshan Road, Daqiao Town, Fenghua, Zhejiang

Postcode

315500

Telephone

0086-574-88916603

Fax

0086-574-88916503

E-mail

Website