brand logo

China to invest in vehicle plant in SL

30 Oct 2021

The Vice President of China National Machinery Import and Export Corp, Wu Yi, called on the Ambassador of Sri Lanka to China Dr. Palitha Kohona, 26 October 2021, at the Embassy to explore the possibility of establishing a vehicle plant in Sri Lanka. They plan to produce and promote the MG, Chery, and Proton brands in Sri Lanka. A press release from the embassy notes that the China National Vehicles Import & Export Co. Ltd., (CVC) is a wholly owned subsidiary of China National Machinery Import and Export Corp (CMC). The CVC is an enterprise specialized in the distribution of automobiles, auto parts and components and other similar products. The entity has already established an effective relationship with Micro Cars of Sri Lanka. The Vice President of China National Machinery Import and Export, Wu Yi said that the CVC was in the process of discussing an expanded joint venture with Micro Cars. Ambassador Dr. Kohona stated that the Government of Sri Lanka welcomes investment in the automobile sector. He encouraged the CVC to present a detailed proposal. The Ambassador explained the domestic market for vehicles and the wider market that is available given Sri Lanka’s location in a prosperous region of the world. Further, he assured the fullest support of the Embassy. Vice President Wu was accompanied by General Manager of the CMC Yin Qing, Deputy General Manager of the CVC Gu Chaogang, Deputy General Manager of the CVC Zhu Xiaomei, and Commercial Manager of the CVC Yan Wenshuo.

Kapruka

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Automobile, Mother and Baby Products, Clothing, and Fashion. Additionally, Kapruka offers unique online services like Money Remittance, Astrology, Medicine Delivery, and access to over 700 Top Brands. Also If you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.Send love straight to their heart this Valentine's with our thoughtful gifts!

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Automobile, Mother and Baby Products, Clothing, and Fashion. Additionally, Kapruka offers unique online services like Money Remittance, Astrology, Medicine Delivery, and access to over 700 Top Brands. Also If you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.Send love straight to their heart this Valentine's with our thoughtful gifts!


More News..