Type of Project: Foodstuff & Light Industry

Name of Project:

Project of Producing Instant Rice

Project Content: Plan to build 18 processing lines of instant rice with capacity of 208 million boxes.

Construction Condition: With advanced technology and equipment the sponsor has already built 2 processing lines of instant rice. Sufficient local raw materials such as rice, vegetables, and meat. Products have been sold all over China and enjoy a bright future.

Investment & Composition: Total investment amounts to US$ 15.6 million, of which, US$ 10 million of foreign investment to be introduced.

Economic Benefit Evaluation: Annual sales volume of US$ 113 million, profit of US$ 11.95 million, tax of US$ 4.63 million.

Project Status: The project has been approved already.

Mode of Cooperation: Joint venture or cooperation.

Introduction to Sponsor: Hubei Tianjia Food Co. Ltd., is a newly built professional enterprise for food production. It enjoys good marketing and strong competition.