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

Ser. No: 047 Industry: Service Industry
March, 2001
Project Title
Landmark(Ningbo) Fairyland
Cooperation
Form
Joint Venture or Cooperation

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
The scale of construction: a total investment of 100 million US dollars and its phase-1 project covering an area of 900,000 sq.m.. The project is intended to build a wonderful park by means of high technology. It is planned that the park would be composed of the dreamy, modern and future castles with necessary facilities concerned. The park would make full use of modern technology to build a modern large fairyland for entertainment, complete with tourism, entertainment, recreation, and science and education. The tourist source is aimed at the delta area of Yangtse River, radiating from there into the whole East China.
It is predicted that the annual business income would be 200 million yuan with the annual profit of 100 million yuan.

Equipment Tobe Importedand Rawmaterials to Be Supplied

Intended to import a part of facilities for entertainment.

Estimated Investment and Benefit Analysis

Total
Investment
USD
100 million
Registered
Capital
USD
35 million
Annual
Salesincome
RMB200 million
Investment Form of Foreign Partner
Annual
profit
RMB100 million
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
15 percent
¡Ì
¡Ì
¡Ì
-
-
Recovery
Periodof
Investment
8 years

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

The Administrative Commission of Ningbo ETD Zone is the governmental organs. Its contribution shall consist of land and infrastructure, representing about 12 percent of the total investment.
Location Advantage
Located at Ningbo ETD Zone, the fairyland is 28 Km from Ningbo City proper and about 40 Km from Lishe airport in Ningbo. Right next to Beilun port, it is rich in tourist source from the surrounding areas, including Mount Putuo, Xikou and the remains of the Hemudu Culture.
Process of The Project
(a)The general design of the park and its feasibility study on economic analysis have been completed; and (b)14.5 percent of the contribution is practicable.
Document
Savailable
General design scheme, feasibility study on economic analysis and general planned map of the project.
Chinese Partner to Contact
The Administrative Commission of Ningbo ETD Zone
Person to
Contact
He Jianwu
Address
Changjiang Mansion, Mingzhou Road, Beilun District, Ningbo, China
Post Code
315800
Telephone
0086 - 574 - 66876808 , 66885332
Fax
0086 - 574 - 66885325
E-mail
webmaster@netd.com.cn
Website
www.netd.com.cn

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