Investments Projects in Fuding City, China

Project Name: Nanpai Industrial Project Area in Bailin Town

Project Organizer: Bailin Township Government

Project Location: Wangxingtou Village， Bailin Town

Person in charge: Huang Yinxing 86-593-7376066 86-13706022898

Contact Person: Zhan Huashou 86-593-7371455 86-13959386006

Fax: 86-593-7371154

Project Overview: Bailin Town is a key industrial town of east Fujian Province and features a coastal highway and Wenfu Railroad extending in north-south direction. Nanpai Industrial Project Area is only 5 (a second-class road is connected with the inter-linking exit， which enables a direct and convenient transportation to the Project Area) and 15 kilometers away respectively from highway interlinking exit at Bachimen and the city center. Bachimen 1000-dwt Terminal which is the inner part of Shacheng Port and where the Project Area is located links with all ports at home and abroad and thus enjoys convenient transportation on land and in water. This Project Area covers an area of 1500 mu and various supporting facilities for water and power supply here are under construction. Besides， pollution-free and high-tech enterprises will be invited to build plants for production as is planned.

Construction Scale: land for project is planned to cover an area of 1500 mu

Total Investment: RMB 1.5 billion

Cooperation Mode: Sole investment

Preliminary Work: A controlling detailed planning has been completed and procedures for the approval of using the land and waters are underway

Project Name: Dongqi Industrial Project Area in Dianxia Town

Project Organizer: Dianxia Township Government

Project Location: Dongqi Village， Dianxia Town

Person in charge: Hong Rong 86-593-7293088 86-13509591199

Contact Person: Liu Xinquan 86-593-7291055 86-13950510566

Fax: 86-593-7292777

Project Overview: Dianxia Town is the central town in Fuding’s coastal economic zone. 42 kilometers away from downtown， the market town is planned to cover an area of 12 square kilometers with Yangqin second-class road and Bachimen-Yangqi road running though it. With Shacheng Port in the east and joining to Yangqi Terminal， Berth 16 of a 50000-dwt terminal in Yangqi work zone of Shacheng Port has been under construction. This Industrial Project Area is planned to cover an area of 4000 mu. At present， overall planning of land has been completed and road construction within the area is underway. The introduction of first-class and second-class enterprises is welcomed.

Construction Scale: land for the project is planned to cover an area of 4000 mu

Total Investment: RMB 4 billion

Cooperation Mode: Sole investment

Preliminary Work: The overall planning of the land has been completed and procedures for the approval of using an area of 1800 mu are underway

Project Name : Long’an Project Area

Project Organizer: Management Committee of Long’an Development Zone

Project Location: Long’an Development Area

Person in charge: Chen Shixiao 86-593-7283366 86-l5259328866

Contact Person: Zhang Dehe 86-593-7285828 86-l3905938088

Fax: 86-593-7297661

Project Overview: Located in the southeastern coast of Fuding and with Shacheng Port in the east， Long’an Project Area is 14 kilometers away from Taimu Mountain inter-linking exit of Shenhai railroad， 12 kilometers away from Qinyu railway station of Wenfu railway. It is a coastal industrial new town which is multifunctional with storage area of terminal operations， industrial park and business area gathering here. The Project Area possesses a 5000-dwt land-island terminal， a 3000-dwt terminal pier at war and a 500-dwt mixed terminal， and additionally a 50000-dwt terminal is under construction. Currently， the area has developed and utilized land of 200 hectares， and has introduced 41 above-scale projects， including mainly chemical engineering， synthetic leather and upstream and downstream products. There are 170 hectares of industrial land open for the enterprises of plastic， chemical engineering and PU leather fine processing to invest and build plants here.

Investment Intensity: RMB 1.5 million-2 million per mu

Cooperation Mode: Sole investment

Preliminary Work: Part of the infrastructure construction such as road network and hydroelectric power has been completed.

Project Name: White tea Industrial Science and Technology Park in Diantou Town

Project Organizer: Diantou Township Government of Fuding City

Project Location: Dashanxia， Mayang Village， Diantou Town， Fuding City

Person in charge: Zhan Zhaoyu 86-593-7675175 86-15859323366

Fax: 86-593-7675675

Project Overview: Diantou town is a main producer of white tea in Fujian province. With more than 150 tea processing enterprises， the current tea plantation here covers an area of more than 30 thousand mu and produces more than 21 thousand tons of tea leaves in a year. In order to give full play to the advantage of being the origin of white tea and promote the development of tea industry further， the town sets the development of a characteristic tea industry with “scale base， standard plantation， cluster process” as its goal and plans to establish a high-tech first-class fine processing park of tea in large scale and introduce a group of brand-mark tea processing enterprises of above-scale， raising the technical level of tea processing and competitive capability of tea products. Construction Scale and Content: Land for project is planned to cover an area of 1000 mu. 20 above-scale white tea fine processing enterprises are going to be introduced and a standard white tea science park will be established.

Total Investment: RMB 300 million

Economic Results Analysis: Once the project park is put into operation， annual processing output is estimated to RMB 1 billion， annual profits and tax paid may reach RMB 80 million， more than 2000 jobs will be created. The project will bring about outstanding economic， social and ecological benefits.

Cooperation Mode: Foreign investment

Preliminary Work: Land pre-requisition is underway and procedures for approval of land use are carried out.

Project Name: Annual Production of 150 thousand tons of Synthetic Resin and Additives in Long’an Project Area.

Project Organizer: Management Committee of Long’an Development Zone

Project Location: South Industrial Road of Long’an Industrial Project Area

Person in charge: Chen Shixiao 86-593-7283366 86-l5259328866

Contact Person: Zhang Dehe 86-593-7285828 86-l3599189996

Fax: 86-593-7995733

Project Overview: Long’an Industrial Project Area plans to cover an overall area of 22.3 thousand mu. The Project Park undertakes the industrial transfer from the developed area like south Zhejiang and Yangtze River Delta， establishing an industrial zone with local features. Currently， the project area has developed and utilized land of more than 3500 mu and introduced more than 41 above-scale projects which include 31 synthetic leather projects. The synthetic leather processing base has been initially established and 300 thousand tons of resins are demanded annually. Waterborne resin is an economical and environmental friendly new product which replaces DMF with water as its solvent. The introduction of the project will be a great innovation in synthetic leather industry.

Construction Scale: Land for project is planned to cover an area of 100 mu

Total Investment: RMB 110 million

Economic Result Analysis: The project will bring about considerable economic and social benefits.

Cooperation Mode: Sole investment

Preliminary Work: Project planning and land submission have been completed.

Project Name: Baisheng New District Construction Project， Fuidng City.

Project Organizer: Construction Headquarter of Baisheng New District， Fuding City

Project Location: Baisheng village， Shanqian street， Fuding City

Person in charge: Wen Yuezhong 86-593-7809399 86-13905932166

Fax: 86-593-7809399

Project view: Baisheng New District is 3 kilometers away from downtown with Shuangyue Project Area of Fuding Industrial Park in the east， Chaoyin Island Development Zone in the north， Ziguo Tourist Resort in the west and Chaoyin Island Development Zone in the north. Enjoying an advantage in geographical location， the project focuses on developing and utilizing resources of mountain and sea. On December， 2007， in order to promote the strategy of “expanding eastward， moving southward and forwarding to the sea”， municipal party committee and municipal government have decided to develop Baisheng New District to be an auxiliary service area of finance， business and residence for Shuangyue Industrial Park. The latter covers an area of ten thousand mu. Construction Scale and Content: The land for Baisheng District is planned to cover an area of 3000 mu. The total construction area covers about 2 million square meters， among which residential building covers 14 million square meters.

Total Investment: RMB 6 billion

Cooperation Mode: Sole investment for business projects and Build Transfer (BT) model for public infrastructure construction

Preliminary Work: Constructions of trunk road， sea filling and part of platform excavation have been completed and procedures for the approval of land use are carried out. The basic condition for development and construction has been provided.