宁波市对外经济贸易合作局

 

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PROPOSED PROJECTS FOR INTERNATIONAL ECONOMIC & TECHNICAL COOPERATION IN NINGBO IN 2005

Industry: service (tourism)

March 10, 2005      

Project name

Bridge-Side Tourist Fishing Village

Cooperation form

Equity JV

Project description

Production scheme
Construction plan
Market analysis
Operation scale
Sales forecast

   Project scale: covering a land area of 4200 mu.
   Pingyuan Reservoir in Xiaocaoe Town of Yuyao was built by reclaiming the tideland in Hangzhou Bay. Now the reservoir contains artificial isles of over 300mu in area. Various species of fish are raised here. The reservoir and isles are ideal tourist resources. In order to exploit the benefit from Hangzhou Bay Bridge and local business, we intend to introduce capital and involve tourist service firms to participate in the development of Bridge-side tourist fishing village.
   Annual operating income is forecasted at RMB 400 million and annual profit at RMB 800 million   

Equipment import & material supply

   

Investment estimate & cost efficiency

Total investment

USD30 million

Registered capital

USD10 million

Annual sales

RMB400 million

Anticipated means of investment from foreign partner

Annual profit

RMB80 million

Foreign exchange

Technology

Equipment

Brand name

Others

Internal return rate

30.4%

a

 

 

 

a

Payback period

2.5 yrs

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

   The Investment Promotion Office of Xiaocaoe Town in Yuyao is responsible for investment promotion and related service for the project.    

Project location & geographic advantage

   The project is conveniently located by the side of Yuyao Avenue and national highway No. 329, 65km from the airport, 8km from the prospective Hangzhou Bay Bridge and 2km from the wharf.
   

Project status quo

   Reservoir and artificial isles already built    

Project data available

  Project location map, etc.

Organization to contact

Investment Promotion Office of Xiaocaoe Town

Person to contact

Yan Banghuai

Address

Langhai Road, Xiaocaoe Town, Yuyao, Zhejiang

Postcode

315475

Telephone

0086-574-62080864

Fax

0086-574-62080864

E-mail

 

Website

 


Ningbo Foreign Investment Development Board
Add:18/F, 190 lingqiao Road, Ningbo, China
Code:315000
Tel:86-574-87315792(NO.1 DEPT),87313267(NO.2 DEPT),87322285(NO.3 DEPT)
Fax:86-574-87315992,87315873
E-mail:service@ningbochina.com, invest@ningbochina.com
Website:Http://www.ningbochina.com

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