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

Ser. No: 077 Industry: Agriculture, Forestry, Animal Husbandry, Fishery and Related Industries
March, 2001
Project Title
Ningbo City-like Agriculture Park
Cooperation
Form
Joint Venture, Cooperation or Wholly Foreign-funded

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
Construction scale: total area --- 567 ha., total investment --- 15 million USD.
It is to construct 3 bases and 3 centers: 1. Seed and seed plant base, including the introduction and breeding new strains, such as aquatic products, livestock, fruits, vegetables, flowers & plants; 2. Factory production base of vegetables, melons & fruits and flowers & plants; 3. Garden-style base of fruit production; 4. Livestock and aquatic products cultivating center; 5. Agricultural resort center, including hundred-flower-garden, hundred-fruit-garden, hundred-bird-garden, hundred-joy-garden; 6. Agricultural products processing center, introducing processing techniques and processing technology of eggs, livestock, vegetable and fruit. Upon completion, the city-like agriculture park will become a base for introducing, testing and popularizing famous, special, high-quality and precious varieties, high-new technology, new facilities and new machinery; a base for putting scientific research by agricultural research institutes and colleges and universities into practice and industrialization; and a base of developing city-like agricultural tourist and sight-seeing.
The annual income is estimated to be 96 million yuan and the profit 20 million yuan.

Equipment Tobe Importedand Rawmaterials to Be Supplied

It is to introduce equipment, technology and process for egg, livestock, vegetable and fruit processing.

Estimated Investment and Benefit Analysis

Total
Investment
USD
15 million
Registered
Capital
USD
6 million
Annual
Salesincome
RMB
96 million
Investment Form of Foreign Partner
Annual
profit
RMB
20 million
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
19%
¡Ì
¡Ì
¡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.)

Ningbo Hongda Agriculture Co., Ltd. was established in 1998, based on Hongtang Modern Agricultural Demonstration Zone, which had been one of the first twelve zones of its kind in Zhejiang Province. So far, it has been developed into a comprehensive collective agricultural enterprise composed by a key enterprise, six wholly-funded subsidiaries and four share-holding companies. They are specialized in livestock raising, fruit & vegetable planting, aquatic products breeding, horticulture production, agricultural products processing, seeds and seed-plants cultivating, agricultural tourism and real estate development. The corporation possesses a fixed asset of 30 million yuan and a land of 93 ha. It was awarded as the top agricultural enterprise in Ningbo in 1998 and 1999.
Location Advantage
The location of the project neighbors Baoguo Temple and forest Park, protection relics at state-level, in the east, Sunhu Resort in the north, Yaojiang River, the mother river of Ningbo, to the south and Hemudu Cultural Ruins to the west. It is 7 km from downtown, 10 km from the entrance of Shanghai-Hangzhou-Ningbo Expressway, 20 km from Ningbo airport and 30 km from Beilun deep-water port. Its advantages of convenient transportation provide excellent condition for constructing city-like agriculture park.
Process of The Project
So far, a total of 15 million yuan has been invested in the 1st stage of the project to complete the development of central zone of 107 ha. It has set up 7 scientific research bases such as the space agricultural zone jointly established with Zhejiang University, China Agriculture University. And the infrastructure in the zone has been completed.
Document
Savailable
Overall plan for construction
Chinese Partner to Contact
Ningbo Hongda Agriculture Co., Ltd.
Person to
Contact
Cai Weijie
Address
228, Hongtang zhong Rd. Jinagbei District, Ningbo
Post Code
315033
Telephone
0086-574-87586126, 87586136
Fax
0086-574-87586513
E-mail
hongtang@hongtang.com
Website
www.hongtang.com

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