Type of Project: Agriculture

Name of Project:

Project of Developing Ecological Forestry

Project Content: It is to develop economic forest and sand-break forest and wood products processing.

Construction Condition: With hills and low mountains as its major landforms, the locality has mild climate, obvious four seasons and plentiful rainfall. Local residents take high spirit with planting trees. Convenient traffic transportation.

Investment & Composition: Total investment amounts to US$ 13 million. Plan to introduce US$ 5 million of foreign investment.

Economic Benefit Evaluation: Annual output of US$ 30.23 million, profit and tax of US$ 2.42 million, and investment payoff term of 4 years.

Project Status: Already delivered to the provincial Planning Commission for approval.

Mode of Cooperation: Joint venture, solely foreign-invested venture or cooperation.

Project Sponsor: Forestry Bureau of Xiaochang County, Hubei