OREANDA-NEWS Chinese Huajing ("Huajing"), specializing in the production of parts for trailer trucks, has received permission to build a plant in the Moscow region. This was reported to Interfax by the press service of the Ministry of Investment, Industry and Science of the Moscow Region on Thursday.

Huajing is starting construction of a plant in the Esipovo Industrial Park in Solnechnogorsk city district. The relevant permission has already been received by the investor," the agency notes.

According to Ekaterina Zinovieva, Deputy Chairman of the government and Minister of Investment, Industry and Science of the Moscow Region, the company plans to launch serial production of axial units for truck-hauled vehicles at Esipovo.

"The volume of investments in the project will amount to about 5 billion rubles. About 150 jobs will be created at the new production facility for residents of Solnechnogorsk district. The construction of the first stage will begin at the beginning of this year. The production facilities of the new enterprise in the Moscow region will allow producing 100,000 axles, 100,000 suspensions and up to 400,000 pads per year," the press service quotes Zinoviev.

At the first stage, the company will launch a workshop for the production of axles and a workshop for the production of suspensions. In the future, the product range will be increased and the company will launch production lines for pads, thrust devices, suspension elements, as well as a stamping line.

Huajing was founded in 2002 and manufactures parts for trailers and semi-trailers. The group includes two factories in China and assembly lines in India, Africa and Saudi Arabia.