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Pulp tree growing and papermaking project
2002-04-27
Name of Chinese partner: Ningxia Meili Paper industry Co Ltd
Project description: The project, located at Northwest China's Ningxia Hui Autonomous Region, is to plant poplar, install a mechanic and chemical pulp processing production line, and produce high quality white-coated cardboard.
Project background: Ningxia Meili Paper industry Co Ltd, established in 1958 with a total asset of 1,054 million yuan, is one of the largest paper manufacturers in China.
The construction period is 5 years, .
The preparatory work has been evaluated and approved by experts. The project has been approved by Ningxia Government, and been submitted to the National Planning Commission.
Total investment: 4,163.17 million yuan (US$499.70 million)
Economic benefits forecast:
Annual sales income: 3,858.25 million yuan
IRR: 21.32 percent
Pattern of cooperation: joint venture, or cooperative joint venture
Person to contact: Kun Fanyi, Ma Yunsheng
Tel: +86-953-7679335
Fax: +86-953-7679216
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