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

Ser. No: 057 Industry: Service Industry
March, 2001
Project Title
Ningbo Baoguo Temple Park
Cooperation
Form
Joint Venture

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
The scale of construction: a total investment of 10 million US dollars.
Baoguo Temple is one of the first important cultural sites under the state protection in Ningbo. It boasts "the beamless hall", the oldest and most complete wooden architectural structure south of Yangtse River in North Song Dynasty(1013 A.D.), and the ancient architectures of different styles in various periods of our country. The Baoguo Temple Park, covering 73 hectares, is well endowed with natural resource of the mountain forests. The project is to take advantage of rich cultural heritage, scenic attractions and excellent ecoenvironment to expanse and increase some scenic spots on the subject of the ancient architecture sightseeing and the Buddhist culture east of Zhejiang Province.Efforts are made to achieve the harmony of religion, architecture and gardening, thus resulting in the prefectural speciality of scenic wonder with sightseeing, recreation and holiday. After completed, it would receive over 1.5 million tourists annually. ¡¡¡¡It is anticipated that the annual business income would be 45 million yuan with the annual profit of 17 million yuan.

Equipment Tobe Importedand Rawmaterials to Be Supplied

-

Estimated Investment and Benefit Analysis

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

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

Ningbo Baoguo Temple Park was first built in 1970's. It has so far had the functions of tourism, recreation and sightseeing, with an annual tourists of 800,000. Its gross business income has exceeded 10 million yuan.
Location Advantage
13 Km from the wharf, 15 Km from the airport and 10 Km from expressway.
Process of The Project
Part of the park completed.
Document
Savailable
Project proposal and feasibility study
Chinese Partner to Contact
Ningbo Baoguo Temple Park
Person to
Contact
Yu Lulong
Address
Jiangbei District, Ningbo, China
Post Code
315033
Telephone
0086 - 574 - 87586317
Fax
0086 - 574 - 87586317
E-mail
baoguo@163.net
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