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Olympic Public Utilities

http://www.qingdaonews.com 2003-04-23 00:00:00

Project Brief
1.1 Project Brief
This project consists of seaside promenades, parks, public cultural architecture and Olympic symbolic architecture. As part of Qingdao's CBA and tourism city construction, it will play an important part in im
proving the city's environment and image, and contribute to the goal of hosting the best Games in the Olympic history.
1.2 Investment Methods: JV, sole investment or else
1.3 Total Investment & Ratio between Investments
Total investment: About USD50 million
The ratio can be determined through negotiation.
1.4 Foreign Investment Items: Cash & equipment
1.5 Location: Beihai Shipyard, Yanerdao Road, Qingdao & seaside areas
1.6 Land Area: 4 hectares
1.7 Construction Period: 2003¡«2006
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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