Candyman Posted October 10, 2011 Posted October 10, 2011 China eyes car-making in ClarkBy FRANCO G. REGALAOctober 8, 2011, 7:26pmCLARK FREEPORT ZONE, Philippines — The leading commercial vehicle manufacturer in China is set to invest an initial US$35 million inside this Freeport zone, officials of Clark Development Corporation announced Saturday.CDC President Felipe Antonio B. Remollol said the term sheet was signed recently by United Asia Automotive Group Inc. (UAAGI) which plans to lease a 50,000 square meter area here for an assembly line for Foton vehicles.UAAGI will establish the car assembly plant and market the vehicles to countries belonging to the Association of South East Asian Nations (ASEAN).The entry of China’s No. 1 automobile maker heralds the first vehicle manufacturing firm to be established in Clark.Full Story Here : http://www.mb.com.ph...carmaking-clark 1 Link to comment Share on other sites More sharing options...
Jollygoodfellow Posted October 12, 2011 Posted October 12, 2011 China eyes car-making in ClarkBy FRANCO G. REGALAOctober 8, 2011, 7:26pm CLARK FREEPORT ZONE, Philippines — The leading commercial vehicle manufacturer in China is set to invest an initial US$35 million inside this Freeport zone, officials of Clark Development Corporation announced Saturday. CDC President Felipe Antonio B. Remollol said the term sheet was signed recently by United Asia Automotive Group Inc. (UAAGI) which plans to lease a 50,000 square meter area here for an assembly line for Foton vehicles. UAAGI will establish the car assembly plant and market the vehicles to countries belonging to the Association of South East Asian Nations (ASEAN). The entry of China’s No. 1 automobile maker heralds the first vehicle manufacturing firm to be established in Clark. Full Story Here : http://www.mb.com.ph...carmaking-clark I wonder what the quality of these cars will be? Link to comment Share on other sites More sharing options...
Candyman Posted October 12, 2011 Author Posted October 12, 2011 I wonder what the quality of these cars will be? They would have to be a bit better quality than the ones we get out here ! Link to comment Share on other sites More sharing options...
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