One of the pillar industries in Yangzhou, the automobile and parts industry, is also an urban industry that has been created in Weiyang District in recent years. Recently, the district successfully attracted the Malaysian Nasa Group to invest in the construction of an auto parts industrial park. Wang Yanwen, Secretary of the Municipal Party Committee of Yangzhou, met with Mr. Francis, Vice Chairman of the Group, at the Guest House. Lu Guiping, standing member of the municipal party committee and secretary general, was present at the meeting.
Founded in 1975, the NASA Group is an integrated large-scale group integrating automobile manufacturing and trading, auto parts production, transportation services, insurance and real estate. It ranks in the top ten in Malaysia's overall strength. Among them, automobile manufacturing and parts production are its core industries. The NASA Group decided to invest in the auto parts industrial park in Yangzhou Weiyang Economic Development Zone with a total investment of 50 million U.S. dollars. The project will start construction in March 2010, and the annual sales after the completion of production can exceed 1 billion yuan.
Wang Yanwen said that Yangzhou is not only a historical and cultural city, but also an entrepreneurial city with a good industrial base. Nasha is a large and powerful Malaysian company. We hope that the two sides will use this cooperation as a starting point to further explore cooperation areas.
Wang Yanwen stated that Malaysia and other Southeast Asian regions are rich in resources, and large companies and large groups gather more. The city is willing to cooperate with more friends and achieve common development.
The legal calendar that first came to Yang said that Yangzhou's beauty and food have left a good impression on him. He will seek further investment and development. At the same time, he also expressed that he is willing to use business to attract business and publicize Yangzhou to more friends.
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