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Project of 30-thousand Mu Ephedra Planting

Industry  Agriculture and animal husbandry  Localit Bayangol Autonomous Prefecture date 2003
 
 

1. Brief Introduction to the Project

⑴ Xinjiang has a advantageous natural condition of ephedra planting;

⑵ Natural ephedrine has a stable and promising demand in both domestic and international market.

⑶ The company already has a annual production capacity of 450 tons ephedrine and 1000 tons ephedrine extract, the wild ephedra supply is decreasing that can not meet the demand of industrial processing.

2. The Address of the Construction Project: Heshuo County, Xinjiang

3. The Scale of Production and Planting Mode

30-thousand mu ephedra planting base, adopt cubic planting mode of wood and grass.

4. Economic Profit Prediction of the Investment

The total investment of the project is 102.23 million RMB yuan (12 million US dollars), including construction investment 99.23 million RMB yuan, circulation funds 3 million RMB yuan. The period of project is 3 years (i.e. from 2002 to 2004). The regular average annual sales income is 66.08 million yuan, average annual net profit is 33.41 million yuan. The return of investment after tax is 6.29 years.

5. The Progress of the Project

45 million yuan has already been invested in the project (including prophase cost), and 6250 mu cubic planting area of ephedra has been finished

6. The Cooperative Mode

⑴ Joint venture or cooperation

⑵ Proportion of investment: foreign investment (foreign capital or capital from the outside of autonomous region) should share 40%

7. Way in Contact:

Address: No.45 Tuanjie Road Urumqi, Xinjiang

Postcode: 830001

Name of Unit: Xinjiang International Industry Co., Ltd.

Department: Enterprise Development Department

Linkman:  Wang Dan   Wang Guoming

Tel: 0991  28708792854443

Fax: 0991  2861579

Email:wangdan@xjgjsy.com



 


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