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Proposed project: Developing of Limestone
BY 2004-03-18 16:23:50
Name of the proposed project: Developing of Limestone
Description of the proposed project (products,technology and marketing):
Changxingdao Is land has a lot of limestone and the volume has reached 400 million cubic-meters and most of them is uncovered. This is an idle place for building large cement plant for the reasons of large quantity deposition, good quality and easy cuting. The cement will be sold abroad.
Intended mode of cooperation: (*)Equity joint venture (* )Contractual joint venture ( ) Technical introduction ( ) Equipment import () Compensation trade ()Other forms
Total investment : USD 65 millionRegistered capital: USD 25 million
Intended duration of cooperation: 50 yearsProjected time for reimbursement: 6 years
Chinese contribution and structure (in US Dollars): -Total: USD 13 million
-Break down: () Cash (*) Equipment (*) Technology (*) Buildings (*) Land (*) Others
Foreign Contribution Sought and structure (in USD): -Total: USD 52 million
-Break down: (*) Cash (*) Equipment (*) Technology () Others
Project site: New intended site of construction
Project progress:
() A detailed project description
( ) Pre-feasibility study
(*) Feasibility study report
The project is: (* )Encouraged ( )Permitted ( )Restricted by the state
Description of Chinese partner:
Name: Development &construction Co.Ltd. of Changxingdao Economic Development SubareaAddress: Changxingdao Town WFD
Total Capital : USD 0.5 millionRegistered capital: USD 0.3 million
Year of Establishment: 1992Ownership: collective
Tel: 86-411-5637691 5614576Fax: 86-411-5636977
Post Code: 116300Email: wfd@dalian-gov.net
Land Coverage: 10,000 Square MetersLand premises: 3500 Square Meters
Number of staff: 120Average age: 28
Average monthly salaries: RMB 580Number of technical staff: 20
Main products: Developing of project , aquatic productsOutput: 60,000 tons

Technological & operational condition(Industrial technology & product sales): The enterprise is mainly to develop new projects and to cultivate the marine products. There are 20 technicians in the enterprise. The most aquatic products are sold abroad.

Development in the same trade(Including domestic enterprise & enterprise with foreign investment): The benefit of the enterprise has been satisfied since it was set. The aquatic products are mostly sold abroad. The profit will be satisfied if more capital is invested here.
Negotiator of the project: Mr.Wang Qing-xin , Wang Yu , Mou Shan-yu
Tel: 0086-411- 5637691 5614576
Fax: 0086-411-5636977
Email: wfd@dalian-gov.net
(Editor:) (From:Farah)
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