Hubei area was Awarded ￥10 Billion Automobile Parts Program

Resource from: CBCC Likes:3099

Mar 01,2011

The biggest Automobile Elements Program named “China (Anlu) Automobile Parts Industrial Base” was awarded the contract in Anlu city of Hubei Province on February 28th. According to the plan, the program will realize the annual output value up to 60 billion yuan in total, and more than 100 billion yuan in 5 to 8 years. Then there will be another new ￥10 Billion Automobile Parts Program in Hubei province. It is known that ““China (Anlu) Automobile Elements Industrial Base” is co-invented by Sino-US Capital Holdings Group Co., Ltd. and Sino-US Bridge Capital Limited. It was the first “Automobile Parts Industrial Base” since the two companies cooperate with China Auto Parts Industry Company. The program is located in Anlu city, with planning occupied area of 520 hectares and estimated investment of 10 billion yuan. It will be completed in three phases within 6 years. After completed, it will realize a total annual output value of 60billion yuan and the consolidated tax payment up to 3 billion yuan.

(CBCC)

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