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Commercial vehicle compartments, automotive glass, automotive coatings, automotive leaf springs ... Today, Xiangfan City's total investment of 3.7 billion yuan will be signed in the "Hua Chuanghui", most of which are automotive parts or components.
As one of the largest sites for the “Project Cooperation Negotiationsâ€, the “Xiangfan Auto Industry Project Fair†was held in Wuhan Science and Technology Exhibition Center yesterday afternoon. Xiangfan City launched a “big menu†including automobile industry projects to attract overseas Chinese. Chinese investment in entrepreneurship.
3.7 billion investment projects signed today
Today, there are 11 investment projects in Xiangfan that will be signed on the “Hua Chuanghui†with a total investment of over 3.7 billion yuan.
The reporter learned that among the 11 projects, the automotive industry accounted for the most part: “Dongfeng†invested 110 million yuan in Xiangfan to produce light commercial vehicle compartments, while investing 50 million yuan in the production of auto parts; investing 100 million yuan in the production of automotive coatings; The company invested 180 million yuan in the production of key components for cars, invested 3 million US dollars in automobile glass production, and invested 80 million yuan in the production of automotive leaf springs and engine components.
According to industry sources, Xiangfan has basically formed the “automobile industry chain†for the integration of R&D, manufacturing, logistics, and trade of complete vehicles and parts; the numerous automobile industry projects signed at the negotiation will further consolidate this industrial chain and form a Upstream and downstream convergence of automotive and parts industry.
Li Debing, Mayor of Xiangfan City, revealed at the meeting that Xiangfan plans to have a production capacity of 500,000 vehicles, 550,000 engines, and 500,000 axles by 2010; the city's automobile and parts output will reach 100 billion yuan. .
Malaysian Overseas Leaders looking for partners
This time, Zhang Qilin, president of the Malaysian Association of Malaysian Association who participated in the China Innovation Conference, also went to the “Xiangfan Auto Industry Project Fair†to find a partner yesterday.
Zhang Qilin is also the head of an international project investment consulting company. He said that the automotive industry in Malaysia is well-developed. In the 1980s, it was the Asian automobile producer after Japan. In the past 20 years, the industry's market, costs and other factors have quietly changed.
"The development of the automotive industry requires a good investment environment, market, and specialized personnel." Zhang Qilin said that the current development trend of the domestic automotive industry is very good, and Malaysia has more than 500 million overseas Chinese and Chinese, of which more than 2,000 in Hubei Province, hope this The participants can find good partners for them and hope that the automobile industry in Wuhan can invest in Malaysia to create a “win-win†situation.
Xiangfan Auto Industry throws 3.7 billion yuan in large orders>