Type of Project: Agriculture

Name of Project:

Project of Constructing Spiral Blue Green Alga Production Base

Project Content: Spiral blue green alga is a kind of alga with a special nutrition. It has medical effects of curing diseases and keeping fit. Plan to import equipment and investment to construct a production base of processing alga powder of 50 t/y.

Construction Condition: With rich underground thermostat, the locality is suitable to breed spiral blue green alga. China Science Institute supplies the technology and experts. The power supply and associated facilities are completed. The products are very competitive in domestic and international markets.

Investment & Composition: Total investment amounts to US$ 1 million, of which, fixed assets account for US$ 0.9 million, working capital of 0.1 million. Plan to introduce US$ 0.49 million of foreign investment.

Economic Benefit Evaluation: Investment profit rate of 51.77%, and payoff term of 3 years.

Project Status: The project has been approved.

Mode of Cooperation: Joint venture or cooperation.

Introduction to Sponsor: Institute of Agricultural Science, Xiaogan City has 40 years' experience of studying underground thermostat utilization.