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Thermoelectricity

By Harold Gonzalez,2014-11-04 07:55
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Thermoelectricity

    Cooperation projects for foreign investment

    Liaoning China

A. Basic Construction

    B. Industrial Park Construction C. Machinery Process

    D. Electronics

    E. Chemical Industry

    F. Environmental Protection G. Tour and Service

    H. Agricultural Process I. Medicine

    A. Basic Construction

    ?General berth project of 50 thousand to 70 thousand tons of capacity in the

    common port area

I. Introduction

    1. The necessity of construction: the construction of Changxing Island Seaport Industrial Area is not only an important move, expanding the functions of Dalian seaport, speeding up the construction of the northeastern Asia international shipping center, and acting as a platform to attract northeastern inland traditional industries and international resources to Dalian area, but also functions as an important guarantee for the sustainable development of Dalian seaport. The starting general berth project with 50 thousand to 70 thousand tons of capacity is aimed at creating a basis for the development of Changxing Island Seaport Industrial Area, providing transportation for the large amount of materials needed in constructing the Area, the import of some raw materials at the starting phrase of production and the export of finished goods.

    2. The main contents of the project and the amount of investment: the project consists of one general berth of 50 thousand tons of capacity, two general berths of 70 thousand tons of capacity and their related establishments. The coastline is 785 meters in length, with a 2,026-meter revetment. The yard space is about 305 thousand square meters and the area of auxiliary buildings is 14.36 thousand square meters. The budgetary estimate of the project is 1.65 billion yuan. 3. The analysis of economic benefit and prediction of market prospect: the yearly throughput by project design is 3.5 million tons, and the actual yearly throughput will be 6.6 million tons. The taking will be 0.33 billion yuan and the internal financial income will be 10.44%. The balance point of profit and loss is 49.9%, with very low risks.

    4. Mode of cooperation: joint venture or cooperative business operation. 5. Location, transportation and communication: the project is located at the south bank of Hulushan Bay in Changxing Island. Shenyang-Dalian freeway and the branch of Harbin-Dalian railway go directly to the Area. Communication facilities are perfect.

    6. Investment terms and proportions by the two sides: China invests with the existing assets evaluation, and the foreign party is to invest with cash. 7. Planned introduction of technology and equipment: capital and equipment are to

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be introduced to China.

    8. Project situation: 2 square kilometers of cofferdam project is completed, and large-scale backfill is being carried out at present.

    9. The construction period and recovery period of investment: the construction period is 2 years and recovery period of investment 11 years (construction period included).

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    ?Dock of 300 thousand tons of capacity for crude oil and oil tank area

I. Introduction

    1. The necessity of construction: with the rapid development of China’s economy, especially after China entered WTO, large-scale crude oil import has become a necessity. Dalian is an important storing and processing base of crude oil in China, and has a great demand for imported crude oil. Around the Bohai Bay, the northwest part of Changxing Island has a very favorable deep water coastline which makes it the best place to construct deep water berths of over 300 thousand tons of capacity. The land area at the backside is vast, suitable for the establishment of an “integrated petrol processing” petrochemical industrial park. In the first phase, berths of 300 thousand tons of capacity and the ralated oil tank area will be constructed, so as to function as a crude oil storing and transporting place and a distribution center.

    2. The main contents of the project and the amount of investment: a crude oil dock of 300 thousand tons of capacity, the length of the berth being 520 meters, land area 198 thousand square meters, backward displacement of levee 780 meters and dyke approach 1.3 thousand meters. It will receive and unload 20 million tons

    3of crude oil per year. There will be another eight 100 thousandm oil tanks, with a

    3capacity of 800 thousand m at the same time. The budgetary estimate of the

    project is 1.2 billion yuan.

    3. The analysis of economic benefits and prediction of market prospect: expected return rate: 10.3%

    4. Mode of cooperation: Wholly foreign owned enterprises.

    5. Location, transportation and communication: the project is located at the northwest bank of Hulushan Bay in Changxing Island. Shenyang-Dalian freeway and the branch of Harbin-Dalian railway go directly to the Area. Communication facilities are perfect.

    6. Investment terms and proportions by the two sides: the Chinese government provides the resources and related conditions.

    7. Planned introduction of technology and equipment: capital and equipment are to be introduced to China.

    8. Project situation: prophase planning has been completed.

    9. The construction period and recovery period of investment: the construction period is 2 years and the expected recovery period of investment is 10 years.

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    ?205B Berth Project for General Loose-Stock in the Second Dock Basin of

    Jinzhou Port

Project category: Infrastructure

    Industry classification: Basic industry

    Content: According to the traffic capacity, the throughput of the loose-stock in Jinzhou port in 2010 will reach 16 million tons. However, the present design for the loose-stock berth confines the discharge capacity at 12.35 tons, which certainly cannot meet the need of the development of Jinzhou port. By 2010, the market gap in dealing with the loose-stock of Jinzhou port will be enlarge to 3.65 million tons, which presents a prominent contradiction between the current capacity and the actual amount of cargos.

    Estimated investment and source of fund: not available for the moment

Market analysis:

    No. Title of Index After-Tax

    1 Net present value (I=8%, ten thousand RMB) 1852

    2 Internal rate of return (%) 8.98

    3 Recovery period of investment (year) 10.45

    Development condition: It is expected to build a 5-ton loose-stock berth in the second dock basin. The discharge capacity is estimated as 1.95 million tons per year, which includes 1.45 million tons of coal and 0.5 million tons of metallic ore.

    Analysis of economic benefits: The total investment volume is 31.15 million US dollars. The yearly throughput will be 1.45 million tons of coal and 0.5 million tons of metallic ore respectively.

    Introduction on project manager: Jinzhou port is the only international commercial port which is completely opened to the outside world along the 400-kilometer coastline of northwest Bohai in China; it is the regional pivotal port in the north that Liaoning provincial government has paid great attention to. Jinzhou port was constructed in October 1986, and the official navigation time began in October 1990, and was approved as the first category open port of commerce in December the same year. In January 1993, Jinzhou port transformed itself into the first port in China that was managed through share-holding system with the government

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    administration separating from the business management. The A share and B share of Jinzhou port were put into the market in Shanghai Stock Exchange respectively in May 1998 and June 1999. In December 1998, Jinzhou port took the lead in getting the authentication of ISO9002 as a whole in the industry. Jinzhou port has been adopting the scientific management and standard way of operation since its establishment. By far, there are altogether twelve operational berths, among which there are four berths for oil and chemical industry, seven for loose-stock, and one is specialized as the container’s berth with its annual capacity 200 thousand TEU per year. The designed throughput of Jinzhou port is 23.85 million tons per year. In 2004, the throughput broke through 24 million tons, that is to say it achieved one year ahead the development objective “Work Hard for a Better Port during Tenth-Five Years” which was put forward in the first year of “tenth five-year plan”;

    it was sixteen years earlier to fulfill the planned objective than it expected at the initial period of port construction. Moreover, the indexes like net profit and the profit margin on net assets all reach the highest point compared with its same historical period, with the profits and taxes over ten thousand respectively.

Project progress: Looking for potential partners

    Way of cooperation: Joint-venture

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    ?206B Berth Project for General Loose-Stock in the Second Dock Basin of

    Jinzhou Port

Project category: Infrastructure

    Industry classification: Basic industry

    Content: According to the traffic capacity, the throughput of the loose-stock in Jinzhou port in 2010 will reach 16 million tons. However, the present design for the loose-stock berth confines the discharge capacity at 12.35 tons. By 2010, the market gap in dealing with the loose-stock of Jinzhou port will be enlarge to 3.65 million tons, which presents a prominent contradiction between the current capacity and the actual amount of cargos.

    Estimated investment and source of fund: not available for the moment

Market analysis:

    No. Title of Index After-Tax

    1 Net present value (I=8%, ten thousand RMB) 3373

    2 Internal rate of return (%) 9.71

    3 Recovery period of investment (year) 10.01

    Development condition: It is expected to build a 5-ton loose-stock berth in the second dock basin, according to the estimation on throughput progress and the analysis on the type of different ships. The discharge capacity is estimated as 1.95 million tons per year, which includes 1.45 million tons of coal and 0.5 million tons of metallic ore.

    Analysis of economic benefits: The total investment volume is 31.74 million US dollars. The yearly throughput will be 1.75 million tons of coal and 0.25 million tons of groceries respectively.

    Introduction on project manager: Jinzhou port is the only international commercial port which is completely opened to the outside world along the 400-kilometer coastline of northwest Bohai in China; it is the regional pivotal port in the north that Liaoning provincial government has paid great attention to. Jinzhou port was constructed in October 1986, and the official navigation time began in October 1990, and was approved as the first category open port of commerce in December the same year. In January 1993, Jinzhou port transformed itself into the first port in

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    China that was managed through share-holding system with the government administration separating from the business management. The A share and B share of Jinzhou port were put into the market in Shanghai Stock Exchange respectively in May 1998 and June 1999. In December 1998, Jinzhou port took the lead in getting the authentication of ISO9002 as a whole in the industry. Jinzhou port has been adopting the scientific management and standard way of operation since its establishment. By far, there are altogether twelve operational berths, among which there are four berths for oil and chemical industry, seven for loose-stock, and one is specialized as the container’s berth with its annual capacity 200 thousand TEU per year. The designed throughput of Jinzhou port is 23.85 million tons per year. In 2004, the throughput broke through 24 million tons, that is to say it achieved one year ahead the development objective “Work Hard for a Better Port during Tenth-Five Years” which was put forward in the first year of “tenth five-year plan”;

    it was sixteen years earlier to fulfill the planned objective than it expected at the initial period of port construction. Moreover, the indexes like net profit and the profit margin on net assets all reach the highest point compared with its same historical period, with the profits and taxes over ten thousand respectively.

Project progress: Looking for potential partners

    Way of cooperation: Joint-venture

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?Thermoelectricity Plant Project

    According to environment evaluation request of Dalian Huayuankou Industry

    Park, we are planning to found a 300MW Thermoelectricity Plant with investment

    of $ 120 million. This project enjoys preferential policies and 5 years to earn back

    investment. The Industry Park has already had 23 companies, and the total

    investment is nearly $ 1 billion. This project has a good market future and now it is

    seeking for wholly foreign-owned and Chinese-foreign equity cooperation partners.

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    ?Panjin oil filling dock construction

I. Content

    Lying in the central part of the economic circle of LiaoDong bay around Bohai, Panjin industrial park of shipbuilding, which is separated by Liao River from Yingkou citythe second largest port city of the Northeast, is by far one of the five important coastal development areas approved by Liaoning provincial government, namely “Five Points, one Line”. In the profundal zone of the west water channel at the estuary of Liao River, right out of Panjin industrial park of shipbuilding, it is intended to construct two abutment berth weighing 50 thousand tons, a connecting bank by land bridge, lay heat-preservation oil pipes, build a 120

    cubic meters storage and transportation oil house and other assistant production facilities, with the aim of yearly oil processing capacity coming to 8 million tons. And all of these require a total investment of 450 million RMB.

II. Prospect

    With the seating of Liao River oil field, Panjin city is the important petrochemical base of Liaoning province. Lying in the central area of Liao River delta, it has a spacious room and enjoys an advantageous geographical location. It is necessary to import large amount of oil for the economic development of Panjin city and its around areas, and also there is a considerable size of crude oil to export every year. According to the above analysis, the annual amount of oil transportation will exceed 10 million tons if Panjin port is built. Therefore, it is necessary and feasible to construct the offshore wharf near Panjin port.

III. Favorable policies

    Panjin industrial park of shipbuilding has currently been brought into the developing strategy of “Five Points, One Line” approved by Liaoning provincial

    government. Therefore, investors can enjoy those favorable policies supported by the development strategy. And there are even more privileges in land using, and acquiring interest subsidiary loans.

IV. Mode of cooperation

    Joint-venture: China provides the supporting facilities, while the foreign cooperator is responsible for the capital financing.

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