Type of Project: Foodstuff & Light Industry

Name of Project:

Project of Processing of High Grade Polished Glutinous Rice

Project Content: Plan to introduce equipment and capital to process high grade polished glutinous rice of 10,000 t/y.

Construction Condition: The locality produces abundant glutinous rice and takes advantage of convenient transportation. The products are very popular over the market.

Investment & Composition: Total investment amounts to US$ 4.5 million. Plan to introduce US$ 3 million of foreign investment.

Economic Benefit Evaluation: Annual output volume of US$ 12 million, profit and tax of US$ 3 million.

Project Status: The project has been approved.

Mode of Cooperation: Joint venture or cooperation.

Introduction to Sponsor: Xinyan Town Food Industry Company of Hanchuan City is a specialized food factory making ground Yuanxiao Powder. It covers an area of 20,000 sq. meters, workshop of 5,400 sq. meters. Pillar product, Yanlian brand Yuanxiao powder is honored top-quality product of Hubei Province.