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

Ser. No: 058 Industry: Service Industry
March, 2001
Project Title
Scenic Spot for Tourism at Siming Mountains
Cooperation
Form
Joint Venture or Wholly Foreign-funded

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
Construction scale: total planned area of 130 sq.km.
There are rare stones, secluded valley, beautiful lake, magnificent waterfalls and plenty legends in the area. With a strong flavor of rural life in east Zhejiang province, it will be built into one of the best natural ecological scenic spots for tourism in east China. It is planned to construct five scenic spots: 1. Siling scenery, including Siming family house, red mountain and water, persimmon wood, Shiling valley, hundred-animal beach, dragons gathering, etc. 2. Sichuangyan scenery; 3. Black-dragon pond scenery; 4. Wood-pigeon rock scenery. 5. Yangtian lake scenery. The potential customer source is mainly from Zhejiang province, Jiangshu province, Shanghai and East China area. The admissions to the scenic spot will total 500,000 person times upon completion.
The annual income is estimated to be 50 million yuan and the annual profit 10.38 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
50 million
Investment Form of Foreign Partner
Annual
profit
RMB
10.38 million
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
15%
¡Ì
-
-
-
-
Recovery
Periodof
Investment
6 years

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

Yuyao Tourism Bureau is a government department administrating tourism.
Location Advantage
The location of the project is 50 km from Yuyao, and 30 km from Xikou scenic spot.
Process of The Project
According to the information about Shanghai tourist market, Shanghai travel agencies consider that the natural scenic spot in Siming mountain, especially in Siling scenery, is of great value for development and have a strong appeal to Shanghai citizen.
Document
Savailable
Material for investment promotion
Chinese Partner to Contact
Yuyao Tourist Bureau
Person to
Contact
Fan Lishu
Address
218, South Binjiang Rd., Yuyao, Zhejiang
Post Code
315400
Telephone
0086-574-62723345
Fax
0086-574-62704108
E-mail
-
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