The authorities of St. Petersburg, the Chinese automaker Xiamen Golden Dragon Bus, specialized in the production of tourist buses, and its official distributor in the Russian Federation, Sotrans Techcenters, are negotiating the construction of a plant for the production of buses for the Russian market. .

Golden Dragon and Sotrans negotiate a joint plant for the production of buses

Fontanka.Ru found out details about the possible deal: it is supposed to take 3 billion rubles of investments and three years to implement the project, taking into account the fulfillment of one hundred percent of the obligations of each of the parties.

According to journalists, the Chinese company will provide only technology and components, and the entire financial burden will fall on the St. Petersburg company of the Sotrans group. She will also manage the construction process.

The city authorities will have to find a site of more than 50 thousand square meters. m for the construction of the plant. Kirill Polyakov, Deputy Governor for Transport and Industrial Policy, is taking part in the talks on behalf of the St. Petersburg government.

Author:

Ekaterina Alipova

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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