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¢ñ. Project Name: Industrialization of Milch Buffalo ¢ò. Industrial Category: Agriculture ¢ó. Type of Construction: New Construction Project ¢ô. Construction Period: ¢õ. Construction Scope and Scale To establish county-level buffalo dairy technical development service centers and township-level integrated service stations; to establish 700 demonstration households for buffalo breeding and milking, 100 village-level hybridization stations and plant 6500 mu of grazing pasture. ¢ö. Project Site: Wuming County ¢÷. Construction Conditions A buffalo dairy development technique service center has been established. Now there are more than 400 milch buffalos in Wuming County, with sufficient grass supply within the Project site and convenient transport, guaranteed water and power supply and well developed communication networks. ¢ø. Total Investment and Capital Composition: RMB 40.66 million ¢ù. Capital Source: RMB12.13 million will be raised by the project owner and RMB28.53 million will be introduced. ¢ú. Pattern of Cooperation: Sole investment, joint venture, or co-operation ¢û. Analysis on Market and Anticipated Economic Benefits: ¢¡.Analysis on Market With the living standard constantly improved, milk demand is growing steadily, especially the ¡°School Milk¡± scheme launched by the State will be fully implemented, and demand for milk will be greatly increased in the southern market. The Project has a bright prospect. ¢¢.Anticipated Economic Benefits After completion of the Project, fresh milk production will reach 4132t yearly. The production value will be RMB 20.66 million with an annual profit of RMB9.25 million£¬internal rate of return at 25.15%£¬and the investment recovery period is 4.3 years. ¢ü. Progress of Preparation Work: The Project Proposal has been completed and submitted for approval. XIII. Project Competitive Advantages ¢¡.Preferential Policies Applicable to the Project The Project is entitled to various State, Provincial, and Nanning preferential policies, and enjoys various preferential policies of Wuming County as well. ¢¢. Other Advantages Basis breeding technique has been mastered for breeding of milch buffalos, which ranks at the top in Guangxi. Farmers are enthusiastic in milch buffalo breeding. The advantageous physical geographic conditions in Wuming County are extremely in favor of milch buffalo growing and breeding. The site possesses good transport conditions and is close to central cities. XIV. Project Owner: Buffalo Dairy Development Technique Service Center of Wuming County has undertaken a number of national and provincial milch buffalo development projects in the past 10 years and has mastered good basis technique. It has certain capacity in management and organization in terms of technical guidance, consulting service, technique training, buffalo crossbreed, resource development, material supply, and scientific information. XV. Contact Contact Person: Huang Wenying Tel: 0771£6222146
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