Opportunity type
Joint ventures

Description of opportunity
Wuhan Tianhui Agriculture Products Processing Co Ltd is currently looking for a partner for jointly processing and preserving clean Lotus plant up to 6,000 tons per year. This project includes:

a 30 Mu land acquisition to build a 4000 m2 workshop
purchasing 20 sets of processing machines;
a waste water treatment project;
infrastructure construction
The total budget is RMB10.8 million including RMB600,000 for infrastructure construction, RMB3.2 million for workshop construction, RMB1.5 million for machine purchasing, RMB1 million for waste water treatment, RMB1.5 million for land acquisition and RMB 3 million for working capital.

At present, the project has achieved RMB 4 million investment with a 4000 m2 workshop and other infrastructure construction completed.

Wuhan Tianhui Agriculture Products Processing Co Ltd welcomes partners to collaborate on this project. The annual revenue is expected to reach RMB 48 million with a profit of RMB6.72 million.

Time frame for venture/co-operation
To begin within 6 months

Response needed by
26/11/2009

Language to respond in
Chinese/ English

Company or Organisation Details
Number of Employees
10-49

Details about local partner
Specialized in lotus deep processing, Wuhan Tianhui Agriculture Products Processing Co Ltd has set up its lotus cultivation base and processing plant in Caidian District, Wuhan.

Is potential partner already dealing with other firms?
No

Overseas Company Contact Details
Miss Grace He
UK Trade & Investment
11 Guang Hua Lu
Beijing
China
100600
Telephone:0086 10 5192 4426
Email:grace.he@fco.gov.uk

UK Trade & Investment Contact: Grace.He@fco.gov.uk
Publication date: 26/05/2009
Source UKTI