Technical And Economic Evaluation On Red Culture Training Center Project Of The Corps

The14th division47regiment of The Xinjiang Production and ConstructionCorps lies at the south edge of the Taklimakan Desert, on the northern slope ofKunlun Mountains--the Kashi River alluvial plain, and in the region of Moyu Countyof Hotan Prefecture,59kilometers far away from the Hotan City and37kilometersfrom Moyu County. Regiment47has rich resources of red tourism with a greatdevelopment potential, which has a concentrated distribution and in a high level.Under the strong leadership of the corps and division party committee, the partycommittee of regiment47led all cadres and workers walked out of a road in "redarmy reclamation cultural tourism" strategy to develop the tourism industry closelyaround the " the opening47with a rich red army reclamation culture" theme.This article collects information with the methods of documents searching, fieldinvestigation, quantitative and qualitative analysis, summary making and empiricalapproach.It focuses on the red culture training center project of the corps, includingthe following five main aspects: The first part is introduction, including backgroundresearch of the red culture training center project of the crops and related theories.Thesecond part for the project is economic efficiency analysis, it is the main part of thistopic,which mainly states the project general situation, and estimates related toinvestment, cost and earning, besides, feasibility analysis is carried on by using thestatic and dynamic technical and economic evaluation respectively.The third part isenvironmental protection assessment, consists of the present environmental situation,and management measures for the envrioment.The fourth part is risk analysis and thescheme of control.The fifth part is comprehensive evaluation, in which economic andsocial benefits of the project evaluation and environmental protection are included.After technical and economic evaluation, static payback period of the red culturetraining center project of the corps is9.13years,which is less than10years theinvestors expect, and its static investment rate is12.5%. In accordance with theindustry benchmark yields5%, net present value NPV=555.76, greater than zero,besides, the dynamic internal rate of return is11.36%, significantly higher than theindustry benchmark yields5%. Thus the project has significant economic benefits, theproject is feasible.