JAC and Jidong Huaxia Special Vehicle sign agreement
(chinatrucks.com, Nov 18, 2010) Liu’an city of Anhui province and JAC auto group, Jidong trade group have hold the special program investment signing ceremony on Nov 15th, 2010.
It is learned by reporter that JAC Auto group and Jidong trade group will invest 35 million Euros in order to develop and explore the special market of Liu’an and around area. The converted vehicle production base shall be established in the city economy technology development area. It will adopt advanced technology and management to develop, produce and sell all kinds of high performance special vehicles and parts and components, and the related technology service shall also be provided.
The program is divided as two stages, and the establishment period is predicted to reach 30 months. The production base will produce and sell all kinds of special vehicles with 12,000 after it has been put in use. The sales revenue shall be reached over 360 million Euros.
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