Project name

Large Supermarket and Mart in Yuyao

Cooperation form

Equity JV or contractual JV

Project description

Production scheme
Construction plan
Market analysis
Operation scale
Sales forecast

   Project scale: large supermarket and mart occupying land area of 40mu.
   The project will involve development of three functional areas: farm produce mart, large supermarket and activity center, with total building area of 40,000 square meters. The residents of Yuyao generally have good income and modern consumption ideas. For the last few years, the city's retail volume of social consumer goods has stayed among the top few in the province, and has increased by a two-digit percentage year on year. We intend to introduce internationally reputed supermarket operator to participate in the development of this project. The supermarket operator must be one of fair scale, with complete range of goods and standardized management. This will help promote the scale and standard of the city's commerce and meet the growing demand for consumer goods in the eastern new district of the city.
   Annual operating income is forecasted at RMB 120 million and annual profit at RMB 15 million.   

Equipment import & material supply

Investment estimate & cost efficiency

Total investment

USD10 million

Registered capital

USD6 million

Annual sales

RMB120 million

Anticipated means of investment from foreign partner

Annual profit

RMB15 million

Foreign exchange

Technology

Equipment

Brand name

Others

Internal return rate

19.63%

a

a

a

Payback period

3.56 yrs

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

   Founded in 1992, Yuyao Economic Development is one of the provincial-level economic development zone approved by Zhejiang Provincial Government. The Zone is made up of three blocks, respectively located in the west, south and east of urban Yuyao, occupying a planned area of 23.12 sq. km. The newly developed Eastern New District, covering 9.1 sq. km, has all functional facilities for industry, residence, commerce, leisure, warehousing, culture, education, health, roads and squares. It has a greens coverage rate of more than 40%, suitable for building an eco-type community and green industry park. The Administrative Committee of Yuyao Economic Development Zone, a competent organization under the municipal government, is charged with the development and management of the Zone.      

Project location & geographic advantage

   The project is advantageously located in the northwest of urban Yuyao, close to China Light Industry City and China Plastic City, crossed by the extension of expressway and the city's main roads. The East City New District will put in RMB 1 billion to build the infrastructures like road, power supply, communication, sewage, water supply facility and land leveling.

Project status quo

   Land acquisition completed   

Project data available

Investment promotion material

Organization to contact

Administrative Committee of Yuyao Economic Development Zone

Person to contact

Yan Weiming

Address

335 Ziling Road, Yuyao, Zhejiang

Postcode

315400

Telephone

0086-574-62610063

Fax

0086-574-62610088

E-mail

devez@A-kaifaqu.com 

Website

www.A-kaifaqu.com