Heavy truck, Foton wants to invest in Eastern Europe


The matchmaking meeting between Minsk Automotive Plant and China Automotive and Parts Enterprises jointly organized by China Automotive International Touring Council and Belarus Chamber of Commerce and Industry was successfully held on February 13, 2009 at the China Council for the Promotion of International Trade.

Talks


Foreign delegations consist of the Minsk Automotive Plant Director, Technical Director, and Foreign Trade Manager. More than 10 representatives from China National Heavy Duty Truck Group, China Automobile, Beiqi Foton, Beiqimo and other companies attended the exchange fair.

Lyusikov Vladimir, director of the Minsk Automobile Plant, said at the conference: “The Minsk Automobile Factory produced a total of 25,000 heavy-duty vehicles and 90% of them were exported to countries such as Europe and South America in 2008. This year coincides with the first year of the financial crisis. We hope to shift the market to less-affected countries such as Africa and Asia. In the current situation, China still maintains economic growth and the relatively low cost of building factories. This is why we look at the Chinese market."

In addition to welcoming Minsk to build a plant in China, the manager of SINOSTEEL Import & Export Co., Ltd. expressed the intention of seeking a cooperative partner to build a plant in Belarus. He said that the advantages of technology and price of China’s automobile companies compared with Belarusian enterprises are obvious. , More cost-effective. Obviously, it is even better for us to go to Belarus to cooperate with your factory to invest in and build a factory.

To build a plant in Belarus is not just the purpose of this heavy truck, Beiqi Futian also has the same purpose. In 2008, Beiqi Foton and German Mercedes signed a cooperation agreement to establish a joint venture in Beijing to produce engines for Mercedes-Benz. Both parties hope to expand the market in the future and plan to build a plant in Russia. The two sides will adopt an open cooperation model and hope that Russian automobile plants will join in the cooperation. It is clear that Minsk Automobile Works is an ideal third-party partner.

The delegation of the Minsk Automobile Factory expressed great interest in the proposals made by auto companies such as CNHTC and Futian, and reached agreement with both companies. It hoped that the two companies would visit each other as soon as possible and establish a long-term communication mechanism. Discuss the possibility of further cooperation.

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