| Brief Profiles Of Investment Projects
For China's Agenda 21 |
| Title | DZR Series of Fully Automatic Burners | ||||||||||||||||||||||
| Type | Expansion of production capacity | ||||||||||||||||||||||
| Description | |||||||||||||||||||||||
| Production machinery for a product line including oil pumps, jet nozzles, control electronics, an assembly line and testing center will be installed in the company's plant in Pingba county, Guizhou pronvice. The intent is to produce gas burners, light-oil burners and heavy-oil burners which meet international standards. Another purpose is to provide 100% domestic content. | |||||||||||||||||||||||
| Rationale | |||||||||||||||||||||||
| The market of DZR burners is large, with many industrial, commercial and residential applications. The planned production of 70,000 burners is only 27% of the domestic market. The implementation of the project will help to decrease air pollution and acid rain. The project will increase the degree of added value from these products. | |||||||||||||||||||||||
| Products | |||||||||||||||||||||||
| automatic light-oil, heavy-oil and gas burners: 70,000 units/year | |||||||||||||||||||||||
| Location | Pingba county, Guizhou pronvice | ||||||||||||||||||||||
| Available Information | Pre-feasibility Study, Project Description,Ttechnical Study | ||||||||||||||||||||||
| Total Investment (US$) | 13.1 million |
Foreign Currency (US$) |
7.9 million | ||||||||||||||||||||
Financing |
Co-operation Sought | ||||||||||||||||||||||
| Total Equity (US$) | 6.3 million |
Joint Venture | |||||||||||||||||||||
| Of which Equity Foreign Partner (US$) | 2.3 million |
Equipment Purchase | |||||||||||||||||||||
| Loan (US$) | 4.8 million |
||||||||||||||||||||||
| Others(specify) (US$) | 2.0 million |
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| Indicators of Viability | IRR: 38% | ||||||||||||||||||||||
INFORMATION ON SPONSOR | |||||||||||||||||||||||
| Name | Guizhou Aeroengine Design Establishemnt | Tel | +86-851-3851606 | ||||||||||||||||||||
| Address | P.O. Box 300, Pingba county, Guizhou pronvice | Fax | |||||||||||||||||||||
| Annual Turnover (US$) | 1993 | 1.1 million | 1994 | 1.2 million | 1995 | 1.4 million | |||||||||||||||||
| Year of Establishment | 1968 | No. of Employees | 715 | Ownership | State | ||||||||||||||||||
| Fixed Assets (US$) | 3.3 million | Registered Capital (US$) | |||||||||||||||||||||
| Land (ha.) | 11.35 | Building (m*m) | 16,000 | Equipment (US$) | 2.1million | ||||||||||||||||||
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