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

Ser. No: 062 Industry: Service Industry
March, 2001
Project Title
Complex Development of Tourism & Holiday Resort at the Jiulonghu Lake
Cooperation
Form
Joint Venture or Wholly Foreign-Owned Firm

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
The scale of construction: to construct recreational facilities for holiday and make comprehensive exploitation of mountain forest and aquatic resources.
Hemmed in on four sides by ranges of hills, the tourism and holiday resort at the Jiulonghu Lake boasts a garden environment with the blue water around it. Some facilities for tourism such as the high-grade hotels were built there. The project is intended to make a further plan on villas, the holiday village and others, and beautify its environment by the aquatic breeding and the mountain forest plantation for the better economic results. By doing this, can it become the tourist attractions for holiday in Ningbo.

Equipment Tobe Importedand Rawmaterials to Be Supplied

-

Estimated Investment and Benefit Analysis

Total
Investment
USD
2.3million
Registered
Capital
USD
1.61 million
Annual
Salesincome
RMB Zero
Investment Form of Foreign Partner
Annual
profit
RMB Zero
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
percent
¡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.)

The Agricultural Bureau of Zhenhai District is responsible for seeking after the foreign investment.
Location Advantage
The Jiulonghu Lake, i.e., the crossroads reservoir, covers an area of 1,580 mu with the water storage of 20.3 million cubic metres. The lake is surrounded by roads. On an area of over 500mu are planted the cash crops. It is 15Km away from the downtown Ningbo, enjoying a convenient transport service.
Process of The Project
Seek for foreign investment.
Document
Savailable
The description of the project.
Chinese Partner to Contact
The Agricultural Bureau of Zhenhai District
Person to
Contact
Hong Yuejun
Address
91,Shengli Road, Chengguan Town, Zhenhai District, Ningbo, China
Post Code
315040
Telephone
0086 - 574 - 86275360, 86275412
Fax
0086 - 574 - 86275412
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