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Construction of standardized buildings
www.odtn.com 2004-11-8 16:37:09

I. Project name: construction of standardized buildings

II. Project to be undertaken by: Yanjiang Development Co., Ltd. of Nanjing Qixia Economic and Technological Development Zone

III. Briefs of project undertaker:

Qixia Economic and Technological Development Zone is located by the Yangtze River to the east of Nanjing urban area, with the golden waterway to its north, the new town of Longtan to its east and new urban area of Xianlin to its south. It is a supporting zone for the national level development zone¨CNanjing Economic and Technological Development Zone, with a planned area of 13.77 square kilometers. At present, the gas¨Csteam combined cycle power plant (3¡Á390MW) of Huaneng Power Development Corporation with an investment of 3.7 billion yuan is under construction, extra large projects such as Huaxin Stainless Steel complex with an investment of USD 900 million and an automobile town with annual production of 300,000 cars are being operated, and the coal-fired power plant (4¡Á900MW) of Huaneng Power Development Corporation with an investment of 17 billion yuan is in the approval process by the State Planning Commission. The development zone is actively attracting projects of modern manufacture and machine building and processing.

IV. Main content of project:

Construction of standard buildings with floor area of 200,000 square meters

V. Expected total investment and expected economic gains of project:

1. Total project investment: 200 million yuan

2. Project construction period: 2 years

3. Expected investment recovery period: 7-9 years

With annual average rental of 120 yuan/m2, the total annual rental for standard buildings of 200,000 m2 will be 24 million yuan.

VI. Preliminary suggestion on cooperation and project progress:

1. Suggestion on cooperation: development and construction in joint venture or cooperative joint venture, with foreign partner providing the capital.

2. Initial period work progress and present status: planning for standard buildings has been completed, and conditions are ready for construction. Foreign investment attraction is under way.

VII. Contact:

Address: Youshan New Village, Qixia Subdistrict of Qixia District, Nanjing

Zip: 210033

Contact person: Xu Xingwen

Telephone: 86-25-85712246

Fax: 86-25-85712010

Editor: By:Yanjiang Development Co., Ltd. of Nanjing Qixia   
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