¢ñ. Project Name£ºAnnual production of 100,000t of UPVC & PE Pipes and Fittings.
¢ò. Industrial Category: Industry.
¢ó. Type of Construction: New Construction Project
¢ô. Construction Period £º
¢õ. Construction Scope and Scale
To construct a production line for the annual production of 70,000 tons of UPVC pipes and 10,000 tons of fittings and 20,000 tons of PE pipes, with an annual production value of 1.5 billion Yuan.
¢ö. Project Site: Nanning Aluminum Industrial Park
¢÷. Construction Conditions£ºFor the Park, traffic and transportation conditions are very convenient and communications are developed. And there are complete infrastructures including improved water and power supply facilities and other supporting facilities fully satisfying the need of the project construction.
¢ø. Total Investment and Capital Composition£ºThe total investment is 300.00 million Yuan, of which, fixed assets investment accounts for 270.00 million Yuan, dividing into two phases and 120.00 million Yuan for the 1st phase with current capital at 30.00 million Yuan.
¢ù. Capital Source£ºTo be introduced.
¢ú. Pattern of Cooperation: Joint venture or sole investment
¢û. Analysis on Market and Anticipated Economic Benefits
¢¡. Analysis on Market
Compared with the traditional galvanized pipes, UPVC and PE pipes have obvious advantages in corrosion-resistance, anti-aging, leakage-resistance, fluid resistance, end-cleanup, and specifications and so on. According to the national development plan of ¡°Gas Transmission from the West to the East¡±, it is anticipated that by the year 2004, the total mileage of fuel gas pipelines already laid will reach 20,000 km, resulting in a need for pipes made of polyethylene for about 350,000 tons annually. According to the prediction of the Ninth Five-year Plan for Construction Sector and the Guideline for the Perspective Goals for the Year 2010 issued by the Ministry of Construction, by the year 2016, the demand for pipes in construction and reconstruction of residential buildings, business offices and existing hotels together with the demand in such areas as municipal engineering, hydraulic engineering, electric power industry and blue water culturing, etc., will provide the project with endless market opportunities for the project.
¢¢. Anticipated Economic Benefits: It is estimated that after the project reaching the productive capacity, the annual production value will be 1,500.00 million Yuan, the rate of return on investment 13%, the internal rate of return 12% and investment recovery period 6 years.
¢ü. Progress of Preparation Work: The Feasibility Study Report has been completed.
XIII. Project Competitive Advantages
The project is entitled to the preferential polices for the Western Development as stipulated in On the Measures of Preferential Policies for the Western Development published by the State Council and related preferential policies by Guangxi, Nanning as well as for Nanning Economic and Technological Development Zone.
XIV. Project Owner£ºThe People¡¯s Government of Jiangnan District, Nanning
XV. Contact
Contact Person: Yan Hongxiu
Address: No. 136, Baisha Ave. Nanning
Zip Code: 530031
Telephone:86-771-4882391 4882382 4882386
Fax: 86-771- 4882386
Email:
fnjjy@tom.com Website:
http://www.jiangnan.gxi.gov.cn 
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