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1. Project Background: Longzhong Scenic Spots and sight is the first 4A rank spots approved by the state, it can accept 20,000 tourists a year. But the visiting items are monotonous, and there are no places for business, entertainment and relaxation. The space left for tourists is very limited. The time that tourists stayed in is short, consuming expenditure is little.
2. Project Contents and Scope: The project will occupy 80 mu of land. To build a Three-kingdom cultural street after the model of the architectures of Ming and Qing dynasties. The street will assemble business, shopping, catering, amusement and relaxation in it.
3. The Present Progressing Situation: The whole plan which includes the project has been demonstrated by the experts from the state, Hubei province and the local city of Xiangfan. It has formally been approved to build. Now the preparation work and the work of inviting outside investment are being carried out. Market Analysis: (Include Market Current Situation, Market Potential and Expected Market Share) To build shopping center is the need of tourism spots themselves. It will provide tourists with facilities. It is also the usual business way of the other big scenic spots. According to the income structure, the shopping income should take 33.3 percentage of the total income. The project has a bright market prospect. Analysis of the Project's Economical and Social Efficiency: With the fulfillment of the project, it will greatly improve the environment of the spots, expend visiting space, prolong the staying time and increase consuming expenditure. The running income will be USD 1.5 million each year.
4. Expected Time for the Construction of the Project: Eight Months
5. Recovering Period for the Investment: Five Years
6. The total Investment of the Project : USD 4.5 million. Investment Percentage of All Parties: Project Promoting Unit: 20%; Investment Party: 80%;
7. Contact:
Department: Xiangfan Longzhong Scenic Spots Administrative Committee.
Address: No.6 Longzhong Road. Xiangfan
Contact Person: WangYing
TEL: 0710-3590597 Fax: 0710-3592235
E-mail: xfzsxh@163.com
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