China Projects-Real Estate

CP00676 City-Construction Of Travel Resorts

CP00676

City-Construction Of Travel Resorts

Project Scale and Content

It is planned to build the resort villas, entertainment places, scenic spot constructions, tennis courts, swimming pools, and water amusement parks. The scale is supposed to be as follows: scenery tourism place of 621 hectares, tourism facilities of 219 hectares, a water area of 820 hectares and some land for other purposes.

Project features

This is a grand comprehensive tourism service project.

Analysis on Economic and Social Benefits

The fixed asset of the project is RMB 110 million Yuan, among which the recent scenic port construction costs RMB 8.25 million Yuan, recent road facilities need RMB 12.74 million Yuan, and recent capital construction needs RMB 10.2 million Yuan. The project needs circulating fund of RMB 10 million to RMB20 million Yuan. The yearly visitors will amount to 300,000 to 500,000. The yearly output value will exceed RMB300 million Yuan after building up the project. The rate of incestment returns is no less than 35%; investment tax rate is 40%. The payback period of investment of fixed asset is 3 years. The visiting scenic spots and historical sites, aquatic entertainments, angling, sports and fitness, will be offered after the project is built up. 

Investment Estimation

The total investment of the project is RMB130 million Yuan (approximately equal to US$1566 million).

Project progress

“The General Travel Plan of Qi Mountain-Pingtian Lake Cityscape ” has already got approval and has attracted great attention from the society.

Mode of Cooperation

Contractual cooperation or wholly owned by foreign enterprise.

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