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The 11th China International Fair for Investment & Trade will be held on September 8, 2007 in Xiamen, China. Aiming at “Attracting FDI” and “Going Global”, the CIFIT will be featured by the follow...
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  • Key Investment Attracting Project of Xiamen Matchmaking Symposium Held
  • Give us a break from the `China-threat'
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    Project Description
    Project Title: Transfer of 20% of the capital contributed of The Yellow Mountain – Quzhou - Nanping Express Way at Quzhou Section
    Organizer/Firm: Quzhou Traffic Investment Corporation Ltd.
    Country: China
    Business Field: Other
    Ownership: Other
    Organizer Business Introduction:

    2006 Annual Net Sales(USD):
    2005 Annual Net Sales(USD):
    Project Interest: Buy/Sell
    Project Location: China
    Financial Specifications: USD 77,360,000
    Loan Needs(USD): USD 77,360,000
    Project Summary:

    The Yellow Mountain – Quzhou – Nanping Express Way (Zhejiang Section) starts at Xi Kengkou of Kaihua County, which is at the joint point of Anhui and Zhejiang provinces. It goes through Kaihua, Changshan, Kecheng, and Jiangshan city, and ends at Shapai at the the borders of Zhejiang and Fujian provinces. With the standard express way design of four traffic lanes, the total length of the express way is about 160 kilometers, of which, it is divided into The Yellow Mountain – Quzhou Section and Quzhou – Nanping Section by Hu – Rui Way. With their road width to be 26 and 24.5 meters, respectively, the designed speed of Quzhou – Nanping Section is 100 kilometers/hour, while that of Quzhou – The Yellow Mountain Section is 80 kilometers/hour.

    Quzhou Traffic Investment Corporation Ltd. has 20% stochshares of The Yellow Mountain – Quzhou – Nanping Express Way. After the local State Capital Administrative Department and the board meeting of The Yellow Mountain – Quzhou – Nanping Express Way Corporation Ltd. have decided to agree to the transfer, and having been approved by the related functional departments of the country, it is determined to transfer through the way of public licensing (The detailed price shall be the selected price in the licensing).

    The project has started its construction in October, 2005, and Quzhou – Nanping Section shall be completed and open to traffic before the end of 2008.

    Risk and Profit Analysis: ⑴ The inner financial interest rate of The Yellow Mountain – Quzhou Section is 4.25%, which is higher than the financial datum cash exchange rate of 3.27%. Its investment recycling time shall be 19 years, which is shorter than the business term (the business term of an express way is usually 25 years). ⑵ The inner financial interest rate of Quzhou – Nanping Section is 6.41%, which is higher than the financial datum cash exchange rate of 3.27%. Its investment recycling time shall be 16.4 years.
    This project has been hit : [ 1108 ].
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