Project: Coral reef natural preservationzonedevelopment project of Zhanjiang

Project: Coral reef natural preservationzonedevelopment project of Zhanjiang

Overview: the Dengloujiao provincial standard coral reef natural preservation
zone of Xuwen, Zhanjianghas passedthe assessment of specialists for becoming
anational standard natural preservation zone. It is located in Jiaowei Town in the
southernmost ofMainlandChinaand25kilometersfromthecounty. It isfamousfor
its well preservedcoral breedingareainthethecontinental shelf ocean. Thecoral
reef covers a land area of approximately 33 acres which is divided into two types
and49kinds. Thecoralshavehighvaluesof viewingand scientific research. The
development of thecoral reef has prospects of tourism and resort. Overseas merchants are welcometo invest in this area.

Mode of cooperation: joint venture, cooperationor solely ownedbusiness

Period of cooperation: 30years

Total investment: US$50million

Chinese side investment and composition: the Chinese party contributes
thelandas shares of investment

Foreign side investment and composition: investment withcapital

Estimatedpaybackperiod:5years

Construction site: Jiaowei Town, Xuwen

Infrastructure available at the construction site: complete infrastructural facilities of supply of water, electricity and telecommunication and provision of 3,000 acres of beachandlandfor building tourism facilities