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Investment Opportunities

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Fuchuan Navel-Orange Producing Base

1. Market Prospects:

The navel orange imported from America, Japan, etc. is not yet widely grown in our county. In Guangxi, it is grown only on a small scale in Fuchuan and Ziyuan counties. In recent years, the demand of navel oranges has exceeded the supply. The implementation of the project will gradually ease the shortage of navel oranges. Therefore, the market prospects are very good.

2. Construction Scale and Contents of the Project:

To build a 15,000-mu demonstration base of high-yield and high-quality navel oranges.

3. Construction Conditions:

Fuchuan has a tropical monsoon climate with an average annual temperature of 19.2 0C. Its land resources and soil conditions are favorable for the orange growth. Moreover, it has good transport and telecommunication facilities.

4. Total Investment: USD 9,940,000.00, of which USD 5,000,000.00 is foreign capital to be used.

5. Mode of Cooperation: Equity joint venture or cooperation

6. Construction Place: Fuchuan County

7. Progress of the Project Preparations: The project proposal report being worked on.

8. The Local Government 's Preferential Policy Applied to the Project:

8.1 The foreign businessmen investing in the transformation of barren hills and slopes and the improvement of low-yield forests and fruits can inherit the right of use, or subcontract during its contract period of 30-50 years. They will be properly refunded their paid tax of special local products by the financial department for the five years; given a reduction of electric capacity-increased fees and will pay less electric charges than the local people of the same trade.

8.2 The prefecture gives its prior support for telecommunications, labor power employment, etc. to the joint-venture enterprise.

9. Project Sponsor: Bureau of Fruits, Fuchuan County

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