Datong Civil Aviation Real Estate Company The Project of Walmart Shopping Plaza

    Project background
    At present, the total quantity of Datong commercial mesh point is saturated, the layout of commercial spacet is too concentrating, and management is backward. Tile new commercial industry starts late and develops slowly. Domestic and foreign large circulation enterprises have not yet entered. Modem means of circulation application are insufficient. All these facts have seriously affected the effectiveness and efficiency of commercial operation. In order to change the present situation gradually, construct socialized and organized circulation system, Datong government and Datong Civil Aviation Real Estate Company have fixed the Yongtai Aviation Square construetion project.The content of project is to construct leisure square 100,000 m2, commercial integrated rooms underground 30,000 m2 and mainly introduce the world's largest retailer Walmart for making the Datong new business circle. At present this project has entered the implementation phase.
    Survey of the project
    Feature of Industry: retail business
    Feature of construction: transformation
    Project location: Yongtai Aviation Square, Gongnong Road, Datong City
    Project completion time: expected to start business in 2006.
    The total investment and constitution
    Aviation Group will cooperate with the Walmart Company to make Datong Walmart shopping plaza. Aviation Group's initial investment is RMB￥90 million, investment for transformation is RMB￥20 million and Shenzhen International Trust & Investment Co., Ltd invested US￥20 million.
    Economic assessment: Annual business income is RMB￥200 million,profit RMB￥20 million, the recovery, period is 10 years
    Advantages
    The project is located in the southeast of Datong city and it has superior transportation and location, west of Beijing, north of Taiyuan, at the juncture of the Inner Mongolia, Hebei, which provides necessary conditions for the development of logistical industry and strong distribution capabilities will reduce costs so that the vast number of consumers can benefit from it.
    Project progress
    The market investigation and study has been finishedand, agreement has been reached; the project enters the implementation stage.
    Cooperation mode: Cooperation and other modes
    Unit introduction
    Datong Aviation Group is made up of the Civil Aviation Estate Co., Ltd, Datong Air Travel Agency, Air Services Company and Feilun Advertising Cultural. Dissemination Co., Ltd, Datong Dafuwen building, Datong Yongtai Aviation Square. There are more than 2,000 employees, it is a comprehensive large enterprise companies with scientific and efficient management and tremendous overall strength.