红河开远热电汽循环利用项目 Cyclic Utilization of Thermoelectric Steam in Kaiyuan, Honghe Prefecture

Name

红河开远市食品加工产业园建设项目
Cyclic Utilization of Thermoelectric Steam in Kaiyuan, Honghe PrefectureFood Processing Industrial Park Construction Project in Kaiyuan City, Honghe Prefecture

Industry Involved

Food Processing

Site

Kaiyuan City, Honghe Prefecture, Yunnan Province

Description

Xiaolongtan Town, located in Kaiyuan City, Yunnan Province, is about 13km from Kaiyuan downtown and 242km from Kunming and is adjacent to Kunming-Hekou Railway in the west, Xiaolongtan open pit mine in the south. Kunming-Hekou Railway passes through here. It is about 27.5km from Shilin-Mengzi Expressway. Highways and railways are main means of transportation. It is very convenient for logistics and transportation. Kaiyuan Thermoelectric Stream Cyclic Utilization Industrial Park takes the opportunity of reform of state-owned enterprises to revitalize stock assets and utilize existing idle industrial land of Xiaolongtan Power Plant. Stream, power and water supply and sewage discharge are under centralized control of the thermal power plant. Bean products processing enterprises in this area are integrated to build characteristic food processing base featuring comprehensive utilization of resources.

Content

Construction scale: Total planning area is 1531mu. This park takes the food industry and related supporting industries as leading industry and will introduce the enterprises that take thermoelectric stream as production elements and have no conflict with food processing.

Land area: about 1404 mu

Supporting Conditions

Advantages and opportunities: The regional location of Kaiyuan City is preferable well, with rich labor resources, wide market and advantageous investment environment. This project will take full advantage of Xiaolongtan Power Plant’s thermoelectric stream and idle industrial land to build an industrial park with food industry and related supporting industries as leading industry.

Associated industries: On the basis of initiating project integration initially and regulating existing bean product manufacturing industries in Xiaolongtan, such enterprises involving high consumption of electricity and gas as biopharmacy, health food, essence and flavor extraction, biological product extraction and processing, concentrated juice processing, edible vegetable oil processing, pe film (used in food industry) processing, new green building material and other high value-added industries are introduced simultaneously to drive extension and development of thermoelectric steam cyclic utilization industrial chain.

Investment Estimate and Fund Raising

Investment estimate: It is estimated that this park involves a total investment of RMB 1.07 billion. During Phase I, ten standard factory buildings are built, with a floor area of 30,000m² and all are put into use, with daily output of about 70t bean products, completed an investment of over RMB 70 million. During Phase II, 23 standard factory buildings are to be built, with a floor area of 58,000m², and sewage treatment plant, in-park roads and related roads will be built.

Fund raising: self-raising by enterprise, bank loans and foreign investment promotion

Payback period: It is estimated to be 4 years (excluding 2 years of construction period).

Preferential Policies Applicable

1.    Various preferential policies issued by the country, Yunnan Province and Wenshan Prefecture are available.

2.    Idle land of 1404mu of Xiaolongtan Power Plant and of 127mu of Xiaolongtan Mining Bureau will be used as construction land of this park.

3.    For small-sized low-profit enterprises with taxable income not higher than RMB 30,000, they can enjoy income tax reduction (specifically, 50% the income will be deemed as taxable income) and can enjoy preferential policy that enterprise income tax is levied as per a tax rate of 20%.

4.    Based on contribution rate of the investment project to local economic and social development, the policy of “one consideration for one matter” may be implemented. The gas cost will be RMB 90/t, the electricity price will be RMB 0.39/kw, and industrial water will be RMB 2.5/t.

Market Prediction (Analysis)

120 small bean product processing workshops in Xiaolongtan Area are facing transformation and upgrading. Jianghe Paper Co., Ltd. and Monocrystal Rock Sugar Plant are ready for entry. Yunnan has introduced various stimulus policies.

Profit Model and Preliminary Benefit Analysis

On the basis of initiating project integration initially and regulating existing bean product manufacturing industries in Xiaolongtan, such enterprises involving high consumption of electricity and gas as biopharmacy, health food, essence and flavor extraction, biological product extraction and processing, concentrated juice processing, edible vegetable oil processing, pe film (used in food industry) processing, new green building material and other high value-added industries are introduced simultaneously to drive extension and development of thermoelectric steam cyclic utilization industrial chain. The net income will reach RMB 516.85 million in the first year after completion of this project.

Risk Analysis

Risks related to earnings, investment, and operating cost. Additionally, this project may also be affected by development momentum and rapidly elevated market ability of surrounding provinces and cities.

Cooperation Pattern

Joint venture, cooperation or PPP, etc.

Contact Information

Contact Unit: Kaiyuan Industrial Business and Information Bureau

Contact Person: Bai Yi

Tel.: 13987393533