PROPOSED PROJECTS FOR INTERNATIONAL ECONOMIC & TECHNICAL COOPERATION IN NINGBO IN 2005 |
Industry: service (tourism) |
March 10, 2005 |
Project name |
Sunhu Holiday Resort |
Cooperation form |
Equity JV or contractual JV |
Project description |
Production scheme
Construction plan
Market analysis
Operation scale
Sales forecast |
Project scale: covering land area of 500m and water area of 107 hectares as planned.
In overall utilization of the beautiful Sunhu Reservoir and surrounding hills and with support from necessary infrastructure, the project intends to build a comprehensive scenic tourist resort that combines the functions of sightseeing, leisure, meeting, recreation and national defense education, a “backyard” or “amusement park” of Ningbo. The scope of project includes the fun fair scenery, Sunhu water world, training camp, national defense education base, Sunhu conference center, Sunhu maple garden and so on.
Annual operating income is estimated at RMB 130 million and annual profit at RMB 40 million by year 2010. |
Equipment import & material supply |
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Investment estimate & cost efficiency |
Total investment |
USD13.3 million |
Registered capital |
USD5.4 million |
Annual sales |
RMB130 million |
Anticipated means of investment from foreign partner |
Annual profit |
RMB40 million |
Foreign exchange |
Technology |
Equipment |
Brand name |
Others |
Internal return rate |
31.52% |
a |
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Payback period |
6 yrs |
Basic facts of Chinese partner (ownership, total and fixed assets, current products and sales, current equipment and technology, support facility, etc.) |
The Tourism Bureau of Jiangbei District is responsible for investment promotion for the project. |
Project location & geographic advantage |
The project is located in Jiangbei District of Ningbo, just out of the busy downtown area, but with direct access to downtown Ningbo via Jiangbei Avenue and Ningbo-Yuyao highway. The prospective tourist highway leading to Baoguo Temple will pass by the site on the south. |
Project status quo |
FS, layout design and land acquisition already completed. |
Project data available |
FS and layout design |
Organization to contact |
Tourism Bureau of Jiangbei District |
Person to contact |
Zhu Zhijun |
Address |
24-2 West Caoma Road, Jiangbei District, Ningbo |
Postcode |
315020 |
Telephone |
0086-574-87640026 |
Fax |
0086-574-87640026 |
E-mail |
jbtour@mail.cbptt.zj.cn |
Website |
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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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