Linxi County to Invite Bid for Bearing Ball Plant

Resource from: cbcc-yinx Likes:3151

Mar 02,2006

Project: Bearing Ball Plant Project Detail: Designed Capacity of the plant is 10,000 tons of various steel balls; budgeted investment $6 million, including $4.2 million for facilities investment, $1.2 million for infrastructure building and land investment and $600,000 for circulating fund. Investment Environment: Geographically convenient, Linxi county is known as "China Bearing County". There are over 10,000 bearing enterprises there, employing approximately 60,000 people. Next to Linxi county is another large bearing base, Linqing city whose annual output of bearings exceed 300,000 tons. However, no ball plant have been built in nearby areas. So building a scaled ball plant in Linxin will be profitable. Prospective Profit: Annual output value plant will hit 100 million yuan, create tax payment 32 million yuan, profit reach 26 million yuan after the plant's building. All investment will be back in one year and a half. Investment Form: Any form of investment, including foreign fund, joint venture or partership. Contact: Pingxiang Merchant Bureau wj@hebiic.gov.cn

(cbcc-yinx)

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