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

Ser. No: 073 Industry: Building Materials
March, 2001
Project Title
Large-diameter Plastic Tubing & Their Fittings
Cooperation
Form
Joint Venture

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
Construction scale: an annual output of large-diameter plastic tubing and their fittings of 10000 tons.
UPVC tubing, whose superiority is beyond comparison with metal tubing, has been widely used for various fields, such as water supply and drainage of urban residents, buildings and chemical industry, farmland irrigation and channel dredging, etc.. The project is planned to introduce advanced production line abroad to produce large-diameter plastic tubing (fittings) for underground water supply and drainage and UPVC core-layer foaming tubing (fittings) for water drainage. This kind of products is in line with national industry guidance. It is anticipated that the domestic demand of plastic tubing may reach 1 million tons by 2010. It may have a good future.
The estimated annual sales income will reach 160 million yuan and the annual profit 25 million yuan.

Equipment Tobe Importedand Rawmaterials to Be Supplied

It is to import advanced production equipment.

Estimated Investment and Benefit Analysis

Total
Investment
USD
7.5 million
Registered
Capital
USD
3.75 million
Annual
Salesincome
RMB
160 million
Investment Form of Foreign Partner
Annual
profit
RMB
25 million
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
36%
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-
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-
-
Recovery
Periodof
Investment
4 years

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

Ningbo Building Materials Group, the former Ningbo Building Materials Industry Bureau, is composed of 10 affiliated industrial enterprises including 4 joint ventures and 6 trading & real estate enterprises, and 1 building material research institute, 1 building material product quality supervision and inspection stop, 1 local building material manage department. The main products are cement, cement pipe, wall & floor brisk, cement pipe-pile, glass fibre, non-metallic mineral, plastic-steel frame of door & window and plastic-aluminium compound pipe.
Location Advantage
Ningbo has a convenient transportation network, composed of Beilun Port, Hangzhou-Ningbo Railway and Expressway, and Lishe International Airport, etc.. It has become the major industrial base in Yangtze River Delta and Zhejiang Province.
Process of The Project
Project proposal submitted for approval
Document
Savailable
Project proposal
Chinese Partner to Contact
The Technology Dept. of Ningo Building Materials Group Co., Ltd
Person to
Contact
Wang Yanping
Address
8th floor, No.16, South Caihong Rd., Ningbo
Post Code
315040
Telephone
0086-574-87725391
Fax
0086-574-87728418
E-mail
nbjc@china.com
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