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CHINA: Joint venture construction start-up on planned $1,240,000,000 commercial vehicle plant is tentatively scheduled to begin later in 2005, HYUNDAI MOTOR CO. (HMC) [South Korea] & GUANGZHOU MOTOR CORP. [China] - Order #: 070305.

Publication: WWP-Report on Engineering Construct & Plant Operations in the Developing World
Publication Date: 01-JUL-05 		Format: Online - approximately 489 words
Delivery: Immediate Online Access

Article Excerpt
PROJECT OVERVIEW:

China is presently considered to be the world's No. 1 market for commercial vehicles such as trucks, buses and vans. And, with the country hosting the 2008 Olympics, demand for commercial vehicles is projected to increase sharply. In 2004, for that matter, 2.9 million commercial vehicles were sold in the country.

As a result, a Sino/South Korean 50 joint venture, operating under the name of GUANGZHOU HYUNDAI MOTOR...

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