1.20. Introduction to the project of Media Center Lu』an City

1) Project Name

The project of Media Center Lu』an City

2) Location

Lu』an City, Anhui Province

3) Background

Lu』an is a highly developing city with doubled economic profits in broadcasting and television. The construction of Lu』an Media Centre (the second period), is to meet the demands of social development. Located at the intersection of Meishan Road(South) and Wanfo Road, Lu』an Media Centre, with advantageous transportation, location and environment, is adjacent to the newly-built railway commercial district to the west, the administrative district of the municipal government to the east, covering an area of 16,430 square meters. The project has been ratified and necessary supplies, such as water, electricity, road and site leveling, have been made..

4) Scale & Scope

As planned, a 10—12 storied comprehensive media production training centre, taking up a total floor area of 20 thousand square meters, will be built for four-star training and producing and for reception, integrating such functions as office, training, conferences, accommodation and the development of the third industry as well.

5) Investment Estimate

The total investment for this project is USD 6.76 million (RMB 50 million).

6) ROI Analysis

Due to its advantageous location and orientation, the annual income of the project, according to the research and estimate, will add up to RMB 12 million, of which income from shopping, restaurants and entertainments will be about RMB 3 million. It is expected to take back the investment within 7 years.

7) Project Progress

The project has been listed in the city planning and has had necessary supplies(water, electricity, road, etc.) and site leveling.

8) Cooperation Intention

Joint venture or BOT

9) Initial Partner

Lu』an City Broadcasting and Television Centre

10) Contact Details

Contact Person: Chen Yi-neng, Wang Yuan

Zipcode: 237000

Address: South Section of Meishan Road, Lu』an City, Anhui Province

Company: Lu』an City Radio and Television Broadcasting Center

Telephone： [phone] 3996288 13605647399

Fax: [phone]

Email : [e-mail]