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Dongfeng establishes SPV and parts&components base in Suizhou

(chinaspv.com, June 23, 2010) Dongfeng Auto Science Industrious Park is the investment program, which has introduced Hubei Yuantong Shiye Group. The program has taken 465 square meters with total investment 100 million euros. A SPV and parts&components base will be established.

The program is divided into three stages with five years schedule. The first stage has been invested with 30 million euros, and it mainly used to establish the SPV, and it aims to introduce equipment enterprise and complete supply chain shall be set up. The first stage of the program will be finished in 2011.

It will contain ten professional converting plants, fifty dealers, and ten large logistics enterprises since the program has been completed. The program will further the cooperation with Dongfeng and Suizhou city, and it will intense the overall competition of SPV in Suizhou city.

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