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Project Brief 1.1 Project Brief
The planned water sports center consists of indoor and outdoor gyms and
amusement facilities, a stadium and a sports museum, covering a land area of
approximately 3 hectares. After completion of the projec
t, which will start
construction in 2003, it will meet the needs for various water events and
Games-related activities during the Olympic Games and serve as a unique water
sports center after the Games. The area will become a multifunction attraction
and serve the development of the Central Business Area of the city.
1.2 Investment Methods: JV, sole investment or else 1.3 Total Investment
& Ratio between Investments
Total investment: About USD25 million The ratio can be determined through
negotiation.
1.4 Foreign Investment Items: funds, materials, equipment or other 1.5
Location: Beihai Shipyard, Yanerdao Road, Qingdao & seaside areas 1.6
Construction Period: 2003~2008 1.7 Project Progress: Under planning A
profile of the Chinese Investor 2.1 Name£ºQingdao Dong Ao Group 2.2 Legal
Address£º47 Donghai West Road Qingdao city 2.3 Legal Representative£ºWang Dong
Chu 2.4 Ownership£ºState owned 2.5 Enterprise introduction Founded in
November 2001, Qingdao Dong'ao Group Corp is directly under the jurisdiction of
the Qingdao Municipal Construction Commission, focusing on the planning, design,
investment invitation, development & construction, operation and management
of the Fushan Cove and the Olympic Sites. The company has 6 functional divisions
and several economic entities including a real estate company, a housing
property management company, a hotel and a gas station, with registered capital
of USD21.8 million and total assets of USD80 million. It has 50 administrative
staff, 80% of which hold medium or senior technical titles. 2.6
Contact Contact Person: Li Xiao Bin Li Ning Address: Floor 25 No 39
Century Mansion, Donghai West Road, Qingdao City Post
Code£º266071 Tel£º+86-532-5796432 Fax£º+86-532-5796423 E-mail:
qdaoyzhb@public.qd.sd.cn
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