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

Ser. No: 049 Industry: Service Industry
March, 2001
Project Title
Development of Daxie Industrial Park
Cooperation
Form
Joint Venture or Cooperation

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
The scale of construction: the industrial park is to be developed on an area of 1 sq.km. in the southwestern part of Daxie Island.
The project includes the infrastructure in the industrial park such as roads, water supply and drainage, and power. It would provide all enterprises with the industrial land in plots where there exist the more complete infrastructure in order to build a new industrial park. It is intended to develop the technology-intensified/capital-intensified light-weight industry, high-tech industry and ordinary enterprises to form an industrial park. Its main sectors include petrochemicals, communication system, electronic components and devices, computers and a complete set of electronic and electrical industry, precision instruments, medical apparatus and instruments, light wares, biological engineering and other new technology, high-grade food and beverage production, and others.

Equipment Tobe Importedand Rawmaterials to Be Supplied

-

Estimated Investment and Benefit Analysis

Total
Investment
USD
48 million
Registered
Capital
USD
16 million
Annual
Salesincome
RMB zero
Investment Form of Foreign Partner
Annual
profit
RMB zero
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
percent
¡Ì
¡Ì
¡Ì
-
-
Recovery
Periodof
Investment
years

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

CITIC Daxie Development Company, a wholly-owned subsidiary company under China International Trust & Investment Corporation (CITIC), was established on Jan.11, 1994 with the approval of State Economic and Trade Commission. Its main task is to develop land in plots on Daxie Island on behalf of CITIC.
Location Advantage
The project site is situated in the southwest of Daxie Island with the Huangzhi River to the west opposite Beilun District across the sea, and the commerce and trade centre on Daxie Island to the south. The highway along the seacoast and the island-surrounding road run through the park.
Process of The Project
Now under preparation
Document
Savailable
The description of the project
Chinese Partner to Contact
The Investment Promotion Bureau of Ningbo Daxie ETD Zone
Person to
Contact
Zhou Jiaping
Address
Daxie ETD Zone, Ningbo, China
Post Code
315812
Telephone
0086 - 574 - 86768969
Fax
0086 - 574 - 86768433
E-mail
citicdx@mail.nbptt.zj.cn
Website
www.citic-daxie.com

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