Beijing (ANTARA News/Asia Pulse) - Anhui Jianghuai Automobile Co., Ltd. (JAC)(SSE:600418), an auto producer based in Hefei, will construct its first overseas plant to produce trucks in Vietnam in April, the China Daily reported Wednesday.

The plant, a joint venture with Vietnamese partners, will mainly produce medium- and light-duty trucks, the newspaper quoted company chairman Zuo Yan'an as saying.

The company plans to export 15 per cent of its products to overseas markets by the end of China's 12th Five-Year Plan (2011-2015). By that time the company's total output is expected to rise to one million vehicles, Zuo said.


Source:
Business in Asia Today - March.10, 2010
published by Asia Pulse

Editor: Ricka

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