Lankan Ranger
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Chinese-Russian Venture to Make Small Aircraft
Chinese-Russian venture will invest 8 billion yuan ($1.27 billion) to build a small-plane manufacturing base in Chinas Inner Mongolia region, Xinhua reported today, citing a company agreement.
China Oriental Sciences Group will hold 52 percent of the venture with China-Russia International Investment Co. and Russian aircraft designer KB-SAT owning the balance, Xinhua said.
Construction will begin this year the plant will be able to make 400 four-to-12-seat general aviation planes by 2016, Xinhua said, citing China Oriental President Zhuang Zhong.
Chinese-Russian Venture to Make Small Aircraft, Xinhua Says - Bloomberg
Chinese-Russian venture will invest 8 billion yuan ($1.27 billion) to build a small-plane manufacturing base in Chinas Inner Mongolia region, Xinhua reported today, citing a company agreement.
China Oriental Sciences Group will hold 52 percent of the venture with China-Russia International Investment Co. and Russian aircraft designer KB-SAT owning the balance, Xinhua said.
Construction will begin this year the plant will be able to make 400 four-to-12-seat general aviation planes by 2016, Xinhua said, citing China Oriental President Zhuang Zhong.
Chinese-Russian Venture to Make Small Aircraft, Xinhua Says - Bloomberg