It was learned from China National Heavy Duty Truck Group that the Group’s commercial vehicle project in the Urumqi Economic Development Zone was officially started construction today.
According to official data of the CNHTC Group, the project has a total investment of RMB 1.2 billion and will be constructed in three phases. After the projects are completed and put into production, the annual production scale will be 80,000 heavy, medium and light commercial vehicles. The annual output value is expected to be 150. 100 million yuan.
The person in charge of CNHTC said that Xinjiang is the only land route that China connects with Central Asia and Europe. China National Heavy Duty Truck set up a production base in Xinjiang and will fully utilize the advantages of Xinjiang's location to advance Sinotruk's market. The five countries in Asia and Russia and the Russian market have achieved regional radiation effects.
From the current point of view, in addition to Sichuan in the southwest, Xinjiang in the northwest region has also become a hot spot for commercial vehicle companies to invest. Following the cooperation between Futian Automobile and Xinjiang Guanghui in 2007 to establish the Xinjiang Futian Guanghui Special Vehicle Company, Shaanxi Auto also settled its industrial base with an annual output of 50,000 heavy trucks in Xinjiang in April 2011.
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