China Market

Dalian Machine Tool Group is to build an industry incubation park in Chongqing

Resource from: CBCC 26 May,2016
Dalian Machine Tool Group and Chongqing Tongnan District Government signed a strategic cooperation agreement on May 24, 2016.

Based on the agreement, the two sides cooperate in the construction of an industry incubator park for electronic components and automobile parts manufacturing. Wherein, the local government shall give support to land use, plant building, favorable policies and other aspects necessary for the construction of the park, and the park shall purchase equipment from Dalian Machine Tool Group by means of finance leases.

The project is expected to be put into use at the end of September, when Dalian Machine Tool Group will provide 1000 units of various processing equipment centers worth 10 billion yuan.
(CBCC)
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