Source: Pano feed
Đăng ký: VietNam News
(VOV) – UralVagonZavod, a Russian machine manufacturer, will team up with a Vietnamese company to build a wagon assembly factory in Vietnam, said CEO Oleg Sienko.
Vedomosti, a Russian language business daily, quoted Sienko, as saying the joint venture will churn out between 1,500 and 2,000 containers, Liquefied Petroleum Gas (LPG) tanks, and minerals wagons a year.
The project has a total investment of around EUR40-50 million funded by the Vietnam -Russia Joint Venture Bank (VRB).
UralVagonZavod and VRB signed a memorandum of understanding on cooperation in November 2013 during Russian President Vladimir Putin’s visit to Hanoi.
The UralVagonZavod representative has yet to define its Vietnamese partner and the location of the factory.
Đăng ký: VietNam News