MOSCOW TIME: 18.08.2019 11:56:08

Investments

Japanís Hino gets permit to build plant in Moscow Region

Japanís Hino gets permit to build plant in Moscow Region

Japanís Hino received an authorization to build a truck assembly factory in Khimki, Moscow Region.

Investments into the project will total about $15.7 mln, press-service of the regional construction ministry reports.


"This project is among a priority ones and is supported by the Construction Promotion Center of the Moscow Region. Its area will be over 10,000 square meters. Investments into the project implementation are estimated as totaling about 1 bln rubles ($15.7 mln)," the press service said.

The production facility will be located in Khimki. 50 new jobs will be created by the plant start.

"The enterprise plans to assemble four modifications of medium and light trucks, making it possible to present several models at once on the Russian market. The capacity will be about two thousand automobile per year," the press service reports.

Source:†www.tass.com


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