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Chinese in Russia want to produce pickups and SUVs

March 16 2006
14:24

As a site for construction of car plant in Russia, the Chinese carmaker Great Wall has chosen Tatarstan.

The company, whose power is 50 000 cars a year, can be accommodated in a special economic zone - in Yelabuga. Agreement in principle from the authorities in Tatarstan and Russia have already received. The plant will produce pickups and SUVs.

Localization of production in Russia will enable the Chinese automaker to win a major stake in the Russian market.

Chairman of the Board of the Russian-Chinese Centre for Trade and Economic Cooperation Sergei Sanakoyev said that the decision to build in Yelabuga not yet final. But the plant will be built exactly in Tatarstan.

Great Wall - China's largest non-state enterprise for production cars. Reported Vedomosti.

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