Deal eyes Africa
Source: Xinhua |
July 7, 2010, Wednesday
|
Print Edition
Print Edition
BRILLIANCE Auto, based in Shenyang, capital of Liaoning Province, has signed an agreement with China-Africa Development Fund to jointly establish China Brilliance Investment Co.
With the help of the new company, Brilliance Auto will try to expand the market share of its cars and minivans under the brand names of Brilliance and Jinbei in Egypt and other parts of Africa.
Brilliance Auto expects to increase its annual auto production in Egypt from 10,000 motor vehicles now to 30,000 motor vehicles.
With the help of the new company, Brilliance Auto will try to expand the market share of its cars and minivans under the brand names of Brilliance and Jinbei in Egypt and other parts of Africa.
Brilliance Auto expects to increase its annual auto production in Egypt from 10,000 motor vehicles now to 30,000 motor vehicles.
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