BNR: Bulgaria and China to Manufacture Electric Buses
- Tweet
Send to Kindle
www.pixabay.com
Bulgaria and China will cooperate to create production facilities for electric buses and a research and development centre in Bulgaria, BNR reported.
To this end Stamen Yanev, Executive Director of Invest Bulgaria Agency and representatives of the Chinese companies Jiangsu Alfa Bus and ACN Worldwide signed a memorandum of understanding at the Bulgarian embassy in Beijing, in the presence of Deputy Prime Minister Mariyana Nikolova.
The total investment is estimated at EUR 25 million and will create 250 jobs. Jiangsu Alfa Bus stated that with the investment in Bulgaria, the company intends to introduce cutting-edge technologies for the manufacture of electric buses and parts.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
- » Day 398 of the Invasion of Ukraine: First British Challenger Tanks have arrived in Ukraine
- » Bulgarian iGaming Industry enjoying American Expansion
- » Bulgarian-Turkish Business Forum brought Together over 300 Businesses and Organizations in Burgas
- » Bulgaria has Paid almost 400 Million Euros for the Import of Azeri Gas
- » Bulgarian-Turkish Business Forum opens Today in Burgas
- » Unfair Import of Millions of Eggs from Ukraine: Bulgarian Producers
