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Gree 3.0 Billion Expansion Of Investment In Production Capacity In Chongqing Is Not Rumors - Gree,

home appliance industry will expand production capacity in Chongqing.



Recently, the news Gree Chongqing New North Zone to be 3.0 billion investment in construction

Air conditioning

Base. However, Wang Jing, Gree secretaries to directorate East on Dec. 10 told reporters that the expansion of production capacity is true, but 30 billion investment is not quite accurate.



30 billion investment is not rumors


News, Gree Electric Appliances (Chongqing) Co., Ltd. and Chongqing New North Zone Administrative Committee on 4 December signed the "Gree Refrigeration Industrial Park in Chongqing Investment Agreement." Chongqing Economic Development Zone Management Committee, said Deputy Director Wang Mingying, Gree Electric intends to invest three billion yuan in Chongqing New North Zone, a new air base, covers an area of 1300 mu. Produces household and commercial air conditioners, compressors, motors and other products to form a complete refrigeration chain, is expected to complete the project will become the largest air conditioner production base in the west.


"We never said 3.0 billion of investment." 10, Jing Dong Wang clarified that the companies have signed with the Northern New investment agreements, but did not mention the specific amount of investment. There Gree insiders believe that, 30 billion investment amount is only "the idea of local government" is not consistent with the goal of Gree.


Wang Jing Dong said Gree investment in Chongqing this alone, now want to expand capacity in Chongqing is indeed signed an agreement with the local government. "It is only investment intentions, land, infrastructure and related supporting facilities have not implemented."


Public

Home Appliances

Enterprises to increase in Chongqing


However, Gree Electric Appliances (Chongqing) Co., Ltd general manager, said Huang Shuo, Gree air base in northern New Area will be put into operation two years later, annual production value of 20 billion to 30 billion yuan. By then, the "Chongqing-made" air-conditioning will not be transported from the Zhuhai air conditioning motors and other components.


According to reports, settled in 2001, Griffith began to Chongqing, the first high-tech zones in Chongqing Erlang Technology Park, was planned to invest 150 million yuan, annual production of 500,000 air conditioners. May 2002 formally put into operation, product demand. Thus, Gree reinvested in 2003 nearly 3 billion bases in Chongqing, the second phase, the formation of 5 million units of capacity. To June 2007, Griffith again replenishment of 300 million yuan to implement Phase III, the new output value of 5 billion yuan. As of now, Gree 7 years the cumulative total investment in Chongqing has more than 600 million yuan.

In addition to outside
Gree, Haier, Midea also have increased investment in Chongqing. It is reported that Haier Group's total investment in Chongqing is expected to reach 2.8 billion, in addition to the production of household air conditioners, commercial air conditioning, the building will include

TV


Machine,

Water heater

And other home appliances production base; and beauty will invest 1 billion yuan, the construction "of the industrial park in Chongqing United States," R & D base to build the central air conditioning.

by: gaga
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Gree 3.0 Billion Expansion Of Investment In Production Capacity In Chongqing Is Not Rumors - Gree, Anaheim