Brief Profiles Of Investment Projects
For China's Agenda 21

 

Title Processing Edible Wild Vegetables
Type Expansion and modernization
Description
Two quick-freezing lines and two freshness-preserving lines will be installed for the processing of edible wild vegetables. Two existing dry wild vegetable production lines will be modernized with an automatic computerized control system. The existing production capacity of the company is 1,000 tons of 80 varieties of wild vegetables (details shown in feasibility study report), which will be increased to a total capacity of 5,000 tons per year.
Rationale
The current production of pure, natural, contaminant-free foods can not meet the increasingly expanding demand. The current gap between demand and supply is about 10,000 tons. The wild vegetables are grown on the local mountains and can be easily collected from local farmers, who supplement their income by gathering these materials. High profitability is indicated for the project, which also can help the indigenous people to generate income and alleviate poverty in the mountainous areas.
Products  
The products include 8 types of fresh wild vegetables with production capacity of 4480 tons per year, 10 types of dry wild vegetables with production capacity of 400 tons per year and quick-frozen dehydrated wild vegetables with production capacity of 120 tons per year. In the selected methods of processing the natural organic composition of the foods is largely preserved so that the products have high nutritional value, retain their composition of nutritionally active agents and are free of harmful residues.Nutritional details are available in company studies. These products have good colour, lustre and odor and can be transported at low cost.
Location Longhua county, Chengde city, Hebei province
Available Information Feasibility Study Report
Total Investment (US$)

3.1 million

Foreign Currency (US$)

0.07 million

Financing

Co-operation Sought

Total Equity (US$)

2.15 million

Joint Venture

Of which Equity Foreign Partner (US$)

1.1 million

Compensation Agreement

Loan (US$)

0.95 million

Market Entry

Others(specify) (US$) กกกก กกกก
Indicators of Viability Payback Period: 1.1 years, Return on Investment: 63%

INFORMATION ON SPONSOR

Name Hebei Chengde Longhua Northern Tianshi Company Tel +86-314-7068434
Address 56 Anzhou St., Longhua county; Hebei province Fax  
Annual Turnover (US$) 1993 0.5 million 1994 0.7 million 1995 0.8 million
Year of Establishment 1990 No. of Employees 180 Ownership State
Fixed Assets (US$) 0.58 million Registered Capital (US$)  
Land (ha.) 0.115 Building (m*m) 4800 Equipment (US$) 0.12 million

 


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