Project: Production of heavy load truck

Description of Project:

Cooperative manufacture of (over 40 tons’) towing vehicle and heavy load truck (over 15 tons payload), including chassis or its derivatives of dump truck and cement mixer truck.

Cooperation form: Joint venture or cooperation

Intended duration of cooperation: 30 Years

Total investment (USD): 50 million

Chinese contribution: no less than 50%

Foreign contribution: no less than 25%

Projected time for reimbursement: 5 years

Project site: Guangzhou

Infrastructure conditions:
Owning production lines like processing, welding, painting, assembling, and inspecting with a production capability of 15000 units per year.

Category: Encouraged by the state

Time frame for venture/co-operation
20/06/2007To begin within 12 months

Response needed by
25/06/2008

Language to respond in
Chinese

Details about local partner

Name Guangzhou Yangcheng Automobile Co., Ltd.

Add: Guangyuan Zhong Rd, Guangzhou

Ownership: Joint venture
Year of established: 1993
Register Capital: 18 million USD
Business scope: Producing and selling Yangcheng brand series light truck and light bus, providing related accessories/parts and repair service.
Manufacturing capability: 15000 units/year
Area of factory: 80000 m2
Number of staff: 775
Number of Technician: 107
Technological & operational conditions: Capability in developing independently a complete vehicle with a national advanced technological level.

Is potential partner already dealing with other firms?
No

Overseas Company Contact Details
Miss Ruan Xiao Hong
Guangzhou Investment Promotino Office
Rm 304, Guangren Bldg
No 1, Guangren Rd
Guangzhou
China
510030
Telephone:862083371160
Fax:862083377641
Email:ruanx@gz.gov.cn
Website:http://www.gzipa.cn

UK Trade & Investment Contact: eric.li@fco.gov.uk
Source UKTI