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Chinese School - Projects for invChinese Mandarin - Cummins to create joint venture with Fotonestment

BIZCHINA / Investment Alerts

Projects for investment

(China Daily)
Updated: 2006-10-30 11:03

Yanghe Industrial Development Zone

Special automotive industria

BIZCHINA / Overseas Investment

Cummins to create joint venture with Foton

(China Daily)
Updated: 2006-10-30 11:25

US-based Cummins, the world's biggest diesel engine maker, said recently
it has signed a deal with Chinese truck producer Beiqi Foton Motor to
create an engine joint venture in Beijing.

The two sides plan to invest a total of 2.5 billion yuan (US$316 million)
in the joint venture with registered capital of 1 billion yuan (US$126
million). The two parties own 50 per cent of the facility respectively.
The venture, which will start to make Cummins 2.8- and 3.8-litre diesel
engines in 2008, will have an annual production capacity of 40,000
engines.

(For more biz stories, please visit Industry Updates)

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Chinese Mandarin

l park, Taiwan auto parts industrial park,
mould manufacturing industrial park, auto electric industrial park, auto
new material industrial park, auto gear export base, auto glass
industrial base, auto aluminum wheel hub export base, auto tyre
industrial export base, auto spare parts research and development centre,
small and medium businesses park, engineering machinery industrial park,
safety science and technology industrial park, environment protection
industrial park, liquid crystal equipment industrial park, aviation
equipment industrial park, pharmaceutical industrial park, medicine
distribution centre, Asia prestressed anchor industrial base,
international food industrial park, Belgium compressor industrial base,
logistics park and Yanghe dock.

Guting Comprehensive Service Park

International auto exhibition centre, international auto spare parts
purchasing centre, auto spare parts chain-store supermarket, auto 4S shop
square, used car trading centre, auto decoration centre, auto library,
racing car activity centre for young people, 5-star hotel, large-type
super market, commercial pedestrian street, fashion and entertainment
city, Yanghe water sports centre, Sanjiangmen Forest Park Golf Course and
Guting Mountain ecological leisure and vocation area.

For more information about investment in Yanghe Industrial Development
Zone, please contact:
Tel: 0086-772-3513017,3513029
Website:www.yidz.gov.cn

(For more biz stories, please visit Industry Updates)

Alibaba is the largest B2B marketplace in the world. Source model ship,
wooden puzzle, one-piece toilet, RC hovercraft, photo album, prom dress,
pocket bike, Vaginal Speculum, Samurai Sword, String Panty and PVC Pipe.

Chinese School

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