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Yangchangwan Coal Mine project
2002-04-29
Name of Chinese partner:Lingwu mineral bureau
Project description: The project is to construct Yangchangwan Coal Mine
Project background: Lingwu mineral bureau, set up in 1995 with a registered capital of 32.65 million yuan (US$3.93 million), is engaged in coal, activated carbon, coal machine, licorice root and ephedrine production.
Total investment: 1.11 billion yuan
Economic benefits forecast:
Construction period: 4 years
Payoff period: 9 years
Annual income: 528.98 million yuan
Investment profit rate: 15.64 percent
IIR: 15.77 percent
Pattern of cooperation: joint venture, or contractual joint venture
Person to contact: Hui Fuji
Tel: +86-951-6960551
Fax: 86-951-6960359
Address: Lijiaxinzhuang, ciyaopu town, Lingwu city, Ningxia Hui Autonomous Region
Post code: 751411
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