The 400,000 automobile projects of BAIC Group are about to settle in Huanghua City, Ganzhou

The automobile city with an annual production capacity of 400,000 vehicles will soon rise in Huanghua City on the coast of the Bohai Sea.

On March 26, at the “China Automotive Blue Book Forum” held in Beijing, Beijing Automotive Group’s Chairman Xu Heyi stated that at present, Beijing Automotive Group has selected a new base in Hebei, and will start production at the end of 2012 or early 2013.

It is reported that this base will be built in Huanghua, Zhangzhou, and it has been signed recently.

According to reports, the 400,000 vehicle projects invested by BAIC Group will invest 5 billion yuan in the first phase and 10 billion yuan in the long-term. It will build an automobile industrial park integrating automobiles, engines, axles, and frames.