Type of Project: Agriculture

Name of Project:

Project of Processing and Comprehensively Utilizing Aquatic Products

Project Content: Plan to process aquatic products and utilize comprehensively with capacity of 4,200 t/y.

Construction Condition: Main products are four carps, turtles, crabs and other special aquatic products. The products are very marketable both at home and over the international market.

Investment & Composition: Total investment amounts to US$ 5.74 million, of which, fixed assets account for US$ 4.76 million and working capital for US$ 1.18 million. Plan to introduce US$ 3 million of foreign investment.

Economic Benefit Evaluation: Annual sales volume of US$ 9.4 million, profit of US$ 2 million, tax and added-value of US$ 0.37 million, and investment payoff term of 5 years.

Project Status: The project has been approved by Hubei Provincial Planning Commission.

Mode of Cooperation: Joint venture, exclusive investment or cooperation.

Introduction to Sponsor: The sponsor covers an area of 128,000 mu including 108,000 mu of water surface. It mainly engages in aquaculture, feed processing, architecture, chemical, and land or water transportation.