Businessmen originating from Fangcheng, a Chinese city, and Zhukovsky (Moscow Region) have reached agreement to create a joint venture to develop a medium-range aircraft
Chinese and Moscow Region entrepreneurs plan to create aircraft factory
Businessmen originating from Fangcheng, a Chinese city, and Zhukovsky (Moscow Region) have reached agreement to create a joint venture to develop a medium-range aircraft.
The main production capacities of the factory to be created will be located in China with Zhokovsky hosting a breach that will offer new jobs to the city. The Chinese party independently established relations with Nauchno-Inzhenernaya Kompanya (Russia), the key developer of the new promising aircraft project. First contacts took place between the businessmen in December 2016 and all agreements had been already reached as early as in March.
Fangcheng is located in South-West China bordering with Vietnam. Fangcheng has become the sixth sister town for Zhukovsky.
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