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

Ser. No: 050 Industry: Service Industry
March, 2001
Project Title
Development of Ningbo Wantou Peninsular Recreation Area
Cooperation
Form
Joint Venture

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
The scale of construction: to develop and build the Wantou Peninsular recreation area, complete with tourism, entertainment and recreational facilities.
Fine buildings and modern facilities will be erected in the area, including a high comfort hotel, a swimming certre, an entertainment centre on water, a tennis court, a charming golf links, villas, apartments and other infrastructure concerned. After completed, the tourist area will be rich in tourist source. Depending upon Shanghai, Hangzhou and Ningbo, it would radiate from here into the whole country. It is anticipated that the annual business income would be 150 million yuan with the annual profit of 30 million yuan.

Equipment Tobe Importedand Rawmaterials to Be Supplied

If investors would like to make an investment in our area, they can choose their projects with interest according to the general plan of the area. Except for this, investors can pick it up at their will, and then, what they like will be listed in the general plan after evaluation of the chosen site.

Estimated Investment and Benefit Analysis

Total
Investment
USD
30 million
Registered
Capital
USD
12 million
Annual
Salesincome
RMB
150 million
Investment Form of Foreign Partner
Annual
profit
RMB
30 million
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
8 percent
¡Ì
-
-
-
-
Recovery
Periodof
Investment
15 years

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

The Chinese partner is the Enterprise Investment Service Centre of Jiangbei District in Ningbo.
Location Advantage
The peninsular is 3 Km away from the passenger wharf in Ningbo and 35 Km away from Beilun port, thus getting access to various ports of the country. Only 7 Km from Ningbo city proper, it stands opposite Yaojiang Park and the Zoo across the river, enjoying a convenient transport service.
Process of The Project
The project is now under preparation
Document
Savailable
The description of the project
Chinese Partner to Contact
The Foreign Investment Service Office of Jiangbei District, Ningbo
Person to
Contact
Shao Guoqiang
Address
Lane 61, Xinma Road, Jiangbei District, Ningbo, China
Post Code
315020
Telephone
0086 - 574 - 87665802
Fax
-
E-mail
jbinvest@mail.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