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红河蒙自工业园区先进装备制造业项目Advanced Equipment Manufacturing Industry Project in Mengzi Industrial Park,
发布时间:2017-07-12 17:04:55   来源:本站   作者:   点击:79次
 

Name

红河蒙自工业园区先进装备制造业项目Advanced Equipment Manufacturing Industry Project in Mengzi Industrial Park, Honghe Prefecture

Industry Involved

Manufacturing Industry

Site

Mengzi Economic and Technological Development Zone, Honghe Prefecture

Description

It is to develop equipment manufacturing industry by relying on solid industrial base of Mengzi Economic and Technological Development Zone. At present, Mengzi Economic and Technological Development Zone has realized the production capacity of 300,000t aluminum, 100,000t copper, 2,000,000t steel, and 150,000t aluminum alloy. Main development direction: bike manufacturing, deep processing of aluminum products (medical instrument and equipment, new energy battery, new energy automobile)

Content

Construction scale: This project involves a total investment of RMB 1 billion. It is intended to build an equipment manufacturing industrial park R&D and manufacturing base with the strongest specialty, the most complete supporting facilities, the best social and economic benefits and with an annual production output of RMB 10 billion.

Construction duration: 3 years. Dec. 2016 - Dec. 2019, including the construction period of Phase I: Dec. 2016 - Dec. 2017 and that of Phase II: March 2018 - Dec. 2019

Land area: 300 mu

Supporting Conditions

1.    Advantages and opportunities: National-level Mengzi Economic and Technological Development Zone, close to Vietnam and adjacent to South Asia, is located at a throat area (in southwest inland) leading to southeast peninsula. It is accessible through Kunming in the north to all parts of the country, to each province in South China in the east, and through Vietnam in the south to Southeast Asian countries or other countries. Mengzi Economic and Technological Development Zone is the largest and the closest to ASEAN countries. Project advantages: (1) Platform advantages: Such three platforms of national-level Mengzi Economic and Technological Development Zone, Honghe Comprehensive Bonded Zone and China-Vietnam Cross-border Economic Cooperation Zone can promote the system and mechanism for development of inland industrial clusters, quicken and drive harmonious development of border trade, investment and technology and the like, and realize linkage development, industrial complementation and diversity and win-win. (2)   Infrastructure: “Five available and one leveling” has been achieved (water, power, gas, communication and transportation being available, and the leveling of land). (3) Transportation advantages: It forms a traffic circle with Central Yunnan Urban Agglomeration accessible in 2 hours. It takes only 1.5 hours through Mengzi-Hekou Expressway to national ports. The east lines of Pan-Asia Railway, the Yunnan-Vietnam Railway (with Mengzi North Station in this zone), the Kunming - Hekou Expressway, ant the Kunming-Tonghai-Hekou Expressway pass through Mengzi Economic and Technological Development Zone. (4)   Talent advantages: Talents are guaranteed by local colleges like Honghe College, and Honghe Vocational Technical College.

2.    Associated industries: In this park, six major pillar industries are formed including steel, metallurgy, energy and chemical industry, biological resources, building materials, and electromechanical industry and such production and processing capacity are reached including annual output of 2,000,000t steel, 300,000t electrolytic aluminum, 100,000t lead, 100,000t copper, 150,000t aluminum alloy, 15,000t tin chemical products, 200,000t methyl alcohol, and 6,000,000 sets of moped batteries.

3.    Early preparations: Currently, the preparation of feasibility study report and the land acquisition are under way.

Investment Estimate and Fund Raising

Investment estimate: For this project, total investment is RMB 1 billion, including fixed-asset investment of RMB 600 million and initial and working capital investment of RMB 400 million.

Fund raising: Bank loan is RMB 700 million, accounting for 70% the total investment.

Subsidy and self-raised fund are RMB 300 million, accounting for 30.0% the total investment.

Preferential Policies Applicable

Relevant preferential policies for the West Development, and that for investment promotion of Honghe Prefecture and for Mengzi Economic and Technological Development Zone.

Market Prediction (Analysis)

According to the statistics of Ministry of Industry & Trade of Vietnam, the total amount of frontier trade was USD 27.56 billion in 2015. The amount of frontier trade between China and Vietnam was USD 23.4 billion accounting for 85% with a year-on-year increase of 10.1%. 85% of products exported to Vietnam were electromechanical equipment and the products exported to China were mainly agricultural products and resource products. China has the largest electrolytic aluminum smelting, primary processing and production base in the world. The production and consumption of electrolytic aluminum are about 40% the total worldwide respectively. In the past 10 years, 70-90% increased capacity of electrolytic aluminum is contributed by China. However, China is losing its advantages in aluminum smelting and primary processing as it loses advantages of low labor cost and energy cost like electricity is on the rise. Domestic enterprises are thus under greater pressure to develop aluminum deep processing industrial chain.

Profit Model and Preliminary Benefit Analysis

Economic benefits: After this project is completed, the profit can be realized by selling bicycles and aluminum products. It is estimated that total annual profit will be RMB 120 million and the payback period will be 9 years (including 3 years of construction period).

Social benefit: After this project is completed, the industrial chain can be extended; more jobs can be created; local financial revenue can be increase; the economic development of Honghe Prefecture can be promoted thereby

Risk Analysis

Financial risk may occur during the operation of this project, but the risk can be avoided by implementing approval system of capital loan and application and strengthening the risk warning mechanism.

Cooperation Pattern

Joint venture and cooperation

Contact Information

Contact Unit: Management Committee of Mengzi Economic and Technological Development Zone

Contact Person: Sun Qian

Tel.: 3666059

Fax: 3666059

E-mail: 2066364061@qq.com

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