THE PROPOSED PROJECTS FOR INTERNATIONAL ECONOMIC
AND TECHNICAL COOPERATION IN NINGBO IN 2001

Ser. No: 008 Industry: Infrastructure
March, 2001
Project Title
Duantang Bus Station, a Hub of Communications for Ningbo Road System
Cooperation
Form
Joint Venture

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
The scale of construction: Duantang Bus Station covers an area of 10.658 ha. with construction of 25,000 sq.ms.
With the approval of the Ministry of Communications and Ningbo People Government, Duantang Bus station, a hub of communications for Ningbo road system, is one of main bus stations for Shanghai-Hangzhou-Ningbo expressway and the great road along the coastal line. Its total area is measured to be 10.657 ha. with construction of 25,000 sq.ms. The project includes a waiting room for the bus station, offices of the passenger transport company for the bus station, parking lot workshops for repair, oiling station and other necessary facilities. After put into service, it can receive passengers for 28,000 person-time daily.
It is predicted to make 24.52 million yuan in annual business income with the annual profit of 903,000 yuan.

Equipment Tobe Importedand Rawmaterials to Be Supplied

-

Estimated Investment and Benefit Analysis

Total
Investment
USD
12 million
Registered
Capital
USD
5 million
Annual
Salesincome
RMB24.52million
Investment Form of Foreign Partner
Annual
profit
RMB 9.03 million
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
20 percent
¡Ì
-
-
-
-
Recovery
Periodof
Investment
10 years

Present Status of Chinese Partner(Current Ownership, Total Assets and Fixedassets, Present Products and Sales, Present Equipment Andtechnology and Facilities, etc.)

Ningbo Road Transport (Group) Corp., Ltd., a state-owned group company, can be provided with the total assets of 250 million yuan, including the fixed assets of 142 million yuan. The scope of its business includes the passenger and freight transport service, through transport service, container transport service, automobiles and their parts maintenance, emergency service, tourism, lodging, oil operation, automobile parts supply, education for automobile control, etc..
Location Advantage
Located at the junction of road system, Duantang Bus Station is the largest and most perfect passenger collection and dispersion centre in Ningbo.
Process of The Project
Main part of the project started to be built on Sept.2000.
Document
Savailable
The approval of project proposal, and preliminary design.
Chinese Partner to Contact
Ningbo Road Transport (Group) Corp., Ltd.
Person to
Contact
Zhen Xinmin
Address
40 Lingqiao Road, Ningbo, Zhejiang,China
Post Code
315010
Telephone
0086 - 574 - 87190128
Fax
0086 - 574 - 87305004
E-mail
nbgyjt@nauk.nbptt.zj.cn
Website
-

Municipal Liaison Department: Ningbo Municipal Commission of Foreign Trade and Economic Cooperation
(Ningbo foreign Investment Development Board)
Address: 190 Lingqiao Road, Ningbo 315000, P.R.China
Telephone: 86-574-87327023(Information Liaison Dept.), 87315735(The First Sector Dept.), 87310671(The Second Sector Dept.)
Fax:86-574-87315992, 87327429
E-mail: xmb@ningbochina.com
Website: www.ningbochina.com