Project Basics
Name: New germanium material development project
Date of posting: 2017-1-11
Project type: equity investment
Investment mode: unlimited
Industry: Manufacturing
Location: Qujing City, Yunnan Province
Term of validity: two years
Total amount: USD 28.57 million
Proposed total investment: USD 28.57 million
Category: general
Description:
A new germanium material development center which uses cutting-edge new material development appliances at home and abroad, keeps a number of material experts on the payroll, and collaborates with reputed industrial businesses
General Information
Approved: yes
Favorable conditions:
Yunnan is genuinely one of China’s powerhouses for germanium material R&D and production. The project in Qujing Economic and Technological Development Zone, in particular, further highlights the role of homegrown germanium materials in domestic new material industries. It enables the province to fully unleash the strengths of local flagship businesses concerned, pool talents and social resources, and align industrial development with national plans by prioritizing hi-tech materials urgently needed in the country. Keeping the industrial orientation in mind, it will utilize the precious germanium resources in a more effective manner, and assumes the heavy responsibility of boosting the domestic germanium industry.
Estimated annual sales: RMB 100 million
Estimated investment pay-back period: four years
Environmental profile:
Entities within the center should in line with national guidelines for economic development zones and industrial parks, the Law of the People’s Republic of China on the Prevention and Control of Environmental Pollution by Solid Waste as well as other environmental regulations. They are required to develop measures for handling the “three wastes” and reducing noise, with the aim of minimizing or eliminating pollution and turning wastes into resources.
Tenderee and Contacts
Tenderee: Investment Promotion Bureau of Qujing Economic and Technological Development Zone
Contact person: Zhao Yiyue
Tel.: 0874-3334466
Fax: 0874-3311886
Email: kfqinvest@126.com
Addr.: No.83 Cuifeng Road, Qujing City, Yunnan Province
Postcode: 655000
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