Dongfeng intends to make production in Tatarstan

Dongfeng intends to make production in Tatarstan

RBK –  The press office of Tatarstan presidency has announced Chinese Dongfeng’s plans to make car production at Alabuga Special Economic Zone. According to the announcement, the production will start in January 2015. The project will start as assembly production, to be followed by bodywork welding and painting processes within the next two years.

The news has also been confirmed by the executive secretary of Russian-Chinese Chamber of Commerce, in charge of machinery and technical and innovative products: Sergei Sanakoyev.

The Chinese company will invest $500 million in the project. The planned annual production capacity is between 120-170,000 automobiles.