Geely is going to enter a joint venture in Belarus
 

The Chinese carmaker Geely (GeelyEmgrand, Gleagle, Englon and Volvo) has signed a joint venture agreement with BelazCorproration the manufacturer of construction machinery and construction site management and with the equipment supplier Soyuz Corporation. This agreement covers the construction of a vehicle assembly plant with a capacity of 120 000 vehicles per year.


The plant, which will be based in Borisov in the Minsk region, will initially produce  four models from the Geely brand: the SUV-GX7, the SC7 sedan , the SC5 and the LC Cross urban.


The establishment of this plant:

       - Accompanied the development strategy of the group outside of China. Indeed, Geely is 100% Chinese group with the highest growth outside China,

       - Allows Belarus to welcome for the first time an automaker, in a territory previously empty of any automobile industry.


In the first six months of 2013, the Geely brand has sold nearly 15,000 units in Russia and 7000 in Belarus, becoming the first Chinese brand in both countries.

13-29-7  

Data source: File #101 - Worldwide production detailed by models  

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