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Project of the Construction of the Korla Fragrant Pear Wholesale Market

Industry  Agriculture and animal husbandry  Localit Bayangol Autonomous Prefecture date 2003
 
 

1. The Survey of the Project

Pear is famous local produce with high quality. Korla city is the main centralized planting base of the fragrant pear. At present, the planting area has reached to 300 thousand mu, the annual output is 100 thousand tons. In order to speed up the industrialization of fragrant pear planting, it is vital importance to construct fragrant pear wholesale market. Korla is a key city in the Southern Xinjiang where located in the thoroughfare connecting the Northern and Southern Xinjiang. With advantageous geographical location, the fragrant pear wholesale market will not only bring along the development of the forestry and fruit industry of Bayangol Mongolian prefecture, and also play a important economy-driving role in that of the whole Southern Xinjiang.   

2. The Content of the Construction Project

The market will occupy 150 mu, including a 15000-ton air-conditioned preservation warehouse, trading building, electronic trading system, check and quarantine system, as well as supporting infrastructure of water, electricity, heating supply and road. The total investment is 70 million RMB yuan. 

3.Total Investment of the Project: 109.91 million RMB yuan, including construction investment 106.91 million RMB yuan, fluid working funds at earlier stage 3 million RMB yuan.

4. Profit Analysis

The yield of internal rate of return of total investment after income tax is 17.21%, net cash value after income tax is 33.06 million yuan, the return period of investment after income tax is 7.78 years. The profit margin of the investment is 22.6%.

5. The Condition of the Project Development: the Xinjiang Development Planning Commission has approved the feasibility study report.

6. The Cooperative Way of the Project: joint venture

7. Sponsor: Ku'erchu Horticulture Farm of Korla City, Xinjiang

8. Person and Way in Contact:

Contact Person: Zhang Tao

Tel: 13309969936

Postcode: 841000

 


Sponsored by: Division of Foreign Capital Utilization, Development Planning Commission of the Xinjiang Uygur Autonomous Region
Undertaken by: Economic Information Center of the Xinjiang Uygur Autonomous Region
Tel: 86-991-2824917,2838803
Email:xjdcp@xj.gov.cn