| Development of Series of Products from Chinese Yam | |
| 1. Undertaking Unit: | Mingxi Luxin Chinese Yam Development Co., Ltd. |
| 2. Site of Project: | Downtown of Mingxi |
| 3.
Person in Charge: Contact Tel: |
Pan Chucheng 0598-2813270 |
| 4. Reasons & Conditions for Its Construction an Market Forecasting: Chinese yam has always been a kind of health care food and herb since ancient time. Now the scientific test has shown that Chinese yam contains over 10 kinds of amino acid, glycogen protein, manna polyglycogen and choline needed by human beings. Therefore, that it is often eaten will nourish spleen and stomach, keep body strong and healthy and promote the effective assimilation of nutriment. Mingxi County is one of the main producers of Chinese yam in Fujian Province. The climate here belongs to that of mid subtropical monsoon with the yearly average temperature between 15.7¡æ and 18.6¡æ, that's, the suitable climate and plenty rainfall is good for Chinese yam to grow, what's more, Mingxi has a long history in planting it. After Chinese yam was put into market as clear vegetable for a period of trial sale, it now has entered the menu of the restaurants and & dishes of the residents in such cities as Xiamen and Fuzhou. Therefore, the development of the series of products from Chinese yam for the infant and aged and the products with unique medical function will enjoy a broad market with the increase of the living standards of the people. |
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| 5. Construction Scale and Main Contents: The vacuum-packed fresh clear vegetable from Chinese yam of 2000 ton will be produced annually, with 500 ton of instantly dissoluble slices and 100 ton of foodstuff for children from Chinese yam. |
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| 6.
Total Input and Utilization of Foreign Fund: The total investment will be 11 million yuan of which 1.1 million USD expected. |
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| 7. Form of Using Foreign Investment: Joint venture | |
| 8.
Analysis on the Economic Results: After the project is completed and reaches the goal of design, it will make it realized the yearly sale income of 53 million yuan with the profit of 4.5 million yuan, the profit rate of 41% and the return of the input will take about 3 years. |
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| 9. The Development of the Preliminary Work: Some of the products have been put into market with the completion of pre-feasibility study. |
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