PROPOSED PROJECTS FOR INTERNATIONAL ECONOMIC & TECHNICAL COOPERATION IN NINGBO IN 2005 |
Industry: service (commerce) |
March 10, 2005 |
Project name |
Building Material Mart in Fenghua |
Cooperation form |
Equity JV |
Project description |
Production scheme
Construction plan
Market analysis
Operation scale
Sales forecast |
Project scale: planned land area being 150mu.
The proposed building material mart will have total building area of 37,000 square meters, including 32,000 square meters for light-steel sheds, 42,000 square meters for shops and 700 square meters for supporting services, complete with information center, monitoring equipment, fire fighting equipment and greeneries, with total land area of 150mu. An investor is sought for joint development of the project.
Annual operating income is forecasted at RMB 20 million and annual profit at RMB 6 million. |
Equipment import & material supply |
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Investment estimate & cost efficiency |
Total investment |
USD6.8 million |
Registered capital |
USD3.4 million |
Annual sales |
RMB20 million |
Anticipated means of investment from foreign partner |
Annual profit |
RMB6 million |
Foreign exchange |
Technology |
Equipment |
Brand name |
Others |
Internal return rate |
11.58% |
a |
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Payback period |
8 yrs |
Basic facts of Chinese partner (ownership, total and fixed assets, current products and sales, current equipment and technology, support facility, etc.) |
The Market Development Center, an organization directly under Fenghua Municipal Government, is responsible for investment promotion for the project. |
Project location & geographic advantage |
The project is conveniently located close to urban Fenghua, 25km from Ningbo international airport, 45km from Ningbo Port, 35km from Ningbo railway station and 9km from entrance to the State Coastal Expressway. |
Project status quo |
At preparatory stage |
Project data available |
Project proposal |
Organization to contact |
Fenghua Market Development Center |
Person to contact |
Yu Zhiwei |
Address |
117 Taoyuan Road, Fenghua, Zhejiang |
Postcode |
315500 |
Telephone |
0086-574-88501688 |
Fax |
0086-574-88501696 |
E-mail |
Yzw0505@163.net |
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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