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¢ñ. Project Name: Processing of Aluminum Section Bars with an Annual Output of 6,000 Tons ¢ò. Industrial Category£ºIndustry ¢ó.Type of Construction£º New Construction Project ¢ô. Construction Period£º ¢õ. Construction Scope and Scale The project is intended for the construction of a processing line of aluminum section bars with an annual output of 6,000 tons. The main scope includes technological design of production device, type selection of equipment, civil works, installation and construction of supporting facilities. ¢ö. Project site: Yiling Industrial Zone, Wuming County. ¢÷. Construction Conditions ¢¡. Supporting facilities such as traffic, communications, water supply and power supply The project site is located inside the Yiling Industrial Zone, 20 km away from Nanning Railway Station, 23 km away from Nanning Yongjiang Wharf, and about 150- 200 km away from Pingxiang City. The traffic and transportation are very convenient; the facilities of water and power supply and communications are enough for building factory. ¢¢. Materials and supporting conditions for the project The project has an annual output of 6,000 tons of colored aluminum section bars, requiring a total of 6,928 tons of raw aluminum ingot, which can be purchased from Pingguo Aluminum Plant. Pingguo Aluminum Plant is the biggest aluminum industry base in Guangxi. Wuming County is adjacent to the plant, with a secondary road straightly reaching the raw material base. ¢ø. Total Investment and Capital Composition Total Investment is 60.38 million Yuan, of which, fixed assets investment takes up 29.98 million Yuan and current capital takes up 30.40 million Yuan. ¢ù. Capital Source£ºTo be raised by the owner, loaned or introduced. ¢ú. Pattern of Cooperation£ºSole investment or joint venture or cooperation. ¢û. Analysis on Market and Anticipated Economic Benefits ¢¡. Analysis on Market £ºAluminum and its processed materials are so characterized by high intensity, strong corrosion resistance, easy shaping with attractive surface that are extensively used in aviation and household appliances. With fast economic growth in our country, the consumption of aluminum also rapidly rises and our country has become one with the fastest growth in consumption. Nevertheless, domestic output of aluminum was 3.40 million tons in 2002 and the per capita consumption was less than 2 kg per, while that of the developed countries reached 25 kg and the per capita average was over 5 kg for the whole world. Therefore there is still large room for development in aluminum consumption in China. ¢¢. Anticipated Economic Benefits£ºThe annual return on investment is 33.81 million Yuan. ¢ü. Progress of Preparation Work£º The Project Proposal has been completed and approved. XIII. Project Competitive Advantages Investment preferential policy provided by Wuming County is applicable. XIV. Project Owner£ºAdministrative Committee of Yiling Industrial Development, Wuming XV. Contact Contact Person: Xie Guoyou Address: Dingluo Business Residential Area, Wuming County, Guangxi. Telephone: 86-771-6212288
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