Company : Tianjin Local Railway Administration

Business Summary: Reconstruct the old systems for power supply and signal convey, build 22.5 kilometers of multitone circuit, 316 meters of tunnels and five bridges

Total Investment: 23.9 million USD

Business Form: Equity Joint Venture

Contribution Proportion: Overseas investors own 49% shares

Investment Recovery Time: 11.38 years

Contact Person: Zhou Shunai

Telephone Number: 23380125

Fax: 23380132

Market Forecast:

It is expected that the total handling capacity of local commodities will be increased to 24.52 million tons by 2003, and 42.43 tons by 2015.

Brief Introduction of Chinese Partner:

The railway sections directly under the supervision of Tianjin Local Railway Administration include Ligang, Jinnan and Zhoulu, etc with total length of 200 kilometers. The Administration's fixed capital totals RMB 440 million yuan.