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15 July 2015

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South Intelligent Manufacturing Industrial Park Project Launched

2016-11-07 T | T Download Print

The South Intelligent Manufacturing Industrial Park project of CITIC Dicastal Co., Ltd., the world's largest aluminum alloy wheel manufacturer, started construction at Wangcheng National Economic and Technical Development Zone on the morning of Nov. 5, 2016. Member of the Standing Committee of the CPC Hunan Provincial Committee and Executive Vice Governor of Hunan Province Chen Xiangqun attended the mobilization meeting and announced the start of the project, member of the Standing Committee of the CPC Hunan Provincial Committee and Secretary of the CPC Changsha Municipal Committee Yi Lianhong delivered a speech at the meeting.

A total of 5 billion yuan will be invested into the project with a planned area of 700 acres (47 ha.), and the advanced German technology introduced to build a high-end intelligent manufacturing base boasting an annual output of 12 million aluminum wheels, 40,000 tons of aluminum castings and high-end equipment, mold manufacturing, and R & D and related industrial services. Upon completion, it was expected to achieve an annual output value of more than 15 billion yuan and 900 million yuan of tax revenue.

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Translator: Yu Jiangjiang


Chinese source: hunan.gov.cn