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SAIC to invest 5 billion Yuan on Shenyang's component industry park

Ally From Gasgoo.com| March 19 , 2007 16:28 BJT

SAIC recently signed an official agreement with the government of Shenyang city, Liaoning province. SAIC will invest 5 billion Yuan to build an auto component industry park at Dadong district, Shenyang city, at the time nearly 30 auto component enterprises will work there.

In addition, Shanghai Huizhong Automobile Manufacturer Co., Ltd will invest 300 million Yuan to open one more factory to produce auto parts for SAIC and Brilliance Auto.

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