Russian Chopper Maker Sets up China Plant
OREANDA-NEWS. February 08, 2012. Russian helicopter maker Rostvertol has partnered with a Chinese counterpart to set up a plant in northern China's Hebei province.
The plant is capable of manufacturing 100 lightweight civil Mi-2A helicopters annually, the local government and the company reported Monday.
Construction of the plant, located near Beijing in Pingquan county, Hebei province, will be completed by the end of July, county officials said, adding that the plant will also serve as a repair hub for Russia's Mi-series choppers in the Asian region.
The investment for the first phase of the plant, spanning 700 mu (47 hectares), was estimated at 1.4 billion yuan (USD 224 million), Rostvertol's Chinese partner Hebei Xi'Ao Aeroplane Manufacturing Co Ltd said.
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