Natural Resources
Natural Resources
Wanzhou is located in the East of Chongqing Municipality and at the centre of the Three Gorges Reservoir Area. It consists of 3 Administrative committee such as Longbao. Tiancheng. Wuqiao, 14 subdistrict office and 77 township with the area of 3,458 Km2 and the population of 1.64 million. Wanzhou, known as "Eastern Gateway to Sichuan", has been the goods delivering and gathering place and the water and land traffic hub of Eastern Sichuan. Western Hubei, Southern Shanxi and Northeastern Guizhou. Through the thousands of years change and hard struggle of the labour people, WanZhou has been developed into one of ten largest ports along the Yangtze, an important industrial and commercial city on the upper reaches of the Yangtze, and been once named the same importance as Chengdu and Chongqing.
Resettlement and reconstruction of the Three Gorges Project and the counterpart support to Wanzhou from the developed provinces and cities across the country, make Wanzhou the world known attactive areas for investment, and bring the new vigor to the development of the old and young Wanzhou. The Wanzhou people emphesize the importance of development and look forward to the development strategy across the century by constructing famous brand belt tourism economic belt high effeciacy agricultural belt in the reservoir area. By 2010, Wanzhou will be built into the water and land communication hub at the connection of the upper and middle reaches, the base of tourism service in the Yangtze Gorges Reservoir Area a modern industrial and commercial city open to the outside , a new city of resettlers with the characteristic of the mountains and waters gardens; the second largest metropolis of Chongiqng Municipality. The Wanzhou people, with warm warmth satisfactory environment and open policy, good service, cordially welcome friends at home and abroad to come to Wanzhou for sightseeing, investment, development.
The western region involves 10 provinces and autonomous regions (including Chongqing Municipality), covering some 56 percent of China's territory and accounting for 50 percent of verified deposits of minerals. Chongqing was approved to become a province level municipality (one of the province level municipalities directly under the Central Government in China). Chongqing, as the only in Central and Western China, is now facing a new period for great change, restructuring and development.
In 1992, construction of the Three Gorges Dam was about to start. The economic potential in the Wanzhou district are most abundan t of mineral resources especially the Natural Gas and Salt. The local Government was estabelish the project in 1993 (Vinyly Chloride Monomer Plant) supporting by China National Chemical Construction Corporation with approval by Central of the Government a l l the legal documents including import Machines and equipements buying from John Brown Engineers & Constructors B.V. the Licensee the process design package, technical documentation, licenses and know-how, and technical services, with a capacity production of 60,000 metric tons/year. The Government invested to the Project in amount of RMB 1,200 Million (i.e. USD 145 Milion) in view of the project, the infrastuture has been completed about 85%.
Along with the present development, natural gas resources exploration and development, sino-foreign joint venture and cooperation of petrochemical, and investment and financing activities at home and abroad. It also engages in exploration design, engineering construction diversified operations and services, there area great restrictions on both natural gas producing and consuming. It will be another persupposition whether the pipeline of natural gas can be constructed as soon, which decides whether the market can be developed rapidly or not.
"We need foreign capital and technology to create more jobs restructure industries, reform State-owned enterprises and so on,"
Nature of Business: Manufacture of Vinly Chloride Monomer
Business Assets : More than 2300 mu of land including Natural Resources, Infrastructure, and Import Machines & Equipments (Was RMB 1,200 Million - i.e.. USD 145 Million) Purchase of Business in USD 25 million.
Estimate Working Capital in: USD 85 Million
Finance Purchase of Business in: USD 30 Million. Including: New Company Registration, refinance existing Loan and Debits and all preparation Job.
Estimated Annual Income in: USD 31,984,210 after Taxation.
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