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

Ser. No: 080 Industry: Agriculture,Forestry, Animal Husbandry, Fishery and Related Industries
March, 2001
Project Title
Vegetable Processing
Cooperation
Form
Joint Venture, Cooperation or Wholly Foreign-owned Firm

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
The scale of production: an annual output of 20,000T fresh-keeping vegetable, 1,000T dehydrated vegetable and 2,000T pickled vegetable in small package.
The project is intended to build a cold warehouse with the capacity of 2,000 tons, a centre for the seedings growth and vegetables breeding on an area of 150 mu, and a moder farming field covering 10,000 mu. About 90 percent of them will go to the international market such as the Southeast Asia ,the Middle East, and other regions in the world. It is now available for export.
It is predicted that the annual sales income would be 160 million yuan with the annual profit of 24 million yuan.

Equipment Tobe Importedand Rawmaterials to Be Supplied

Intended to import the production line for vegetable processing.

Estimated Investment and Benefit Analysis

Total
Investment
USD
4.8 million
Registered
Capital
USD
2.4 million
Annual
Salesincome
RMB
160 million
Investment Form of Foreign Partner
Annual
profit
RMB
24 million
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
40 percent
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-
Recovery
Periodof
Investment
2 years

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

Cixi Vegetables Development Co., Ltd., a stock firm, has the fixed assets of 25 million yuan. The company boasts 200-mu high-tech park by demonstration, and an over-50,000-mu base for production. Various vegetables are purchased, processed and marketed for more than 150,000 tons annually, earning foreign currency through direct or indirect exports by over 10 million yuan.
Location Advantage
Located at Cixi City, the company has a convenient transport service.
Process of The Project
Part of project was built and put into production.
Document
Savailable
Project proposal
Chinese Partner to Contact
Cixi Vegetables Development Co., Ltd.
Person to
Contact
Zhang Jianchang
Address
Zhanghe Town Development Zone, Cixi, Zhejiang, China
Post Code
315300
Telephone
0086 - 574 - 63402516
Fax
0086 - 574 - 63400481
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