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Development and construction of China Rainflower Stone Street
www.odtn.com 2004-10-22 16:37:51

I. Project name: development and construction of China Rainflower Stone Street

II. Project to be undertaken by: Hengliang Town People¡¯s Government of Luhe District

III. Main content of project:

The total reserves of rainflower stones at Hengliang Town is over 150 million tons, and the annual tapping capacity is 3 million tons. There are many sales companies and 5 rainflower stone processing villages, where over 500 people of over 100 households are engaged in rainflower stone processing. It is planned to build a specialized market for rainflower stone production, exhibition and selling, as the first one in the country, to integrate economic development and trading and leisure-making, and to promote the joint development of tertiary industry and cultural undertaking.

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

1. Total project investment: 80 million yuan

2. Project construction period: 1 year

3. Expected rate of return: 16%

4. Expected investment recovery period: 6 years

V. Preliminary suggestion on cooperation and project progress:

1. Suggestion on cooperation: joint venture, with the Chinese partner providing land and foreign partner provides capital.

2. Initial period work progress and present status: facilities for water and power supply, roads and telecommunication facilities have been completed.

VI. Contact:

Address: Hengliang Town Subdistrict, Luhe District, Nanjing

Zip: 211515

Contact person: Mr. Li

Telephone: 86-25-57605575

Fax: 86-25-57600003

E-mail: lhhlgov@hotmail.com

Editor: By:Hengliang Town People's Government of Luhe District   
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