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

Ser. No: 059 Industry: Service Industry
March, 2001
Project Title
Agricultural Tourism & Holday Resort Zone at Xikou
Cooperation
Form
Wholly Foreign-owned Firm

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
The scale of construction: covering an area of 33 hectares.
Xikou scenic spot, a national scenic attraction, is well endowed with the natural and human scenery. Located at the golden route for tourism in the east of Zhejiang Province, the project site is intended to build the agricultural tourism and holiday resort by the use of rich tourist source and plant view in Xikou, with the result that it would become a multifunctional resort zone complete with ecological distribution, tourism and holiday.
It is predicted that the annual business income would be 52 million yuan with the annual profit of 20.8 million yuan.

Equipment Tobe Importedand Rawmaterials to Be Supplied

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Estimated Investment and Benefit Analysis

Total
Investment
USD
9 million
Registered
Capital
USD
4.5 million
Annual
Salesincome
RMB
52 million
Investment Form of Foreign Partner
Annual
profit
RMB
20.8 million
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
27.5 percent
¡Ì
-
-
-
-
Recovery
Periodof
Investment
3.6 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 Xikou Scenic Spot in Fenghua City takes charge of seeking for foreign investment and preparing for the project. Overseas investors are welcome to our place for investment and development in a joint way.
Location Advantage
Located at the Xikou Scenic Spot, the project site, 23Km from Ningbo airport and 25Km from Ningbo-Jinhua expressway under construction, has a convenient transport service. It is well endowed with the tourist resource and the favourable investment climate.
Process of The Project
Seek for foreign investment
Document
Savailable
The planned plane map and feasibility study
Chinese Partner to Contact
The Administrative Commission of Xikou Scenic Spot in Fenghua
Person to
Contact
Shang Gong Mingfei
Address
Dongjiao Development Zone, Daqiao, Fenghua, Zhejiang, China
Post Code
315502
Telephone
0086 - 574 -88859061
Fax
0086 - 574 - 88859062
E-mail
xikouwl@mail.fh.zj.cn
Website
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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