Saudi crown prince and German president discuss regional developments    OPEC+ reaffirms commitment to production cuts to ensure oil market stability    Saudi Economy Minister meets German Finance Minister in Riyadh    Saudi Sherpa Office holds first G20 workshop in preparation for 2025 summit    Non-oil activities account for 52% of Saudi Arabia's GDP in 2024, says finance minister Saudi-German roundtable in Riyadh explores economic cooperation, and investment opportunities    GACA president inaugurates Air Cargo Security Control Center The center enables real-time remote inspection and monitoring of air cargo across Saudi Arabia    Saudi Arabia, Germany agree to establish Green Hydrogen Bridge    Syrian President visits Saudi Data and Artificial Intelligence Authority    Trump takes aim at EU and UK in latest tariff threat    Spain's former football boss on trial over World Cup kiss    Thousands protest against German far-right in Berlin    Taiwanese star Barbie Hsu of Meteor Garden fame dies    Major highway partly collapses as Australian floods worsen    Grammy Awards 2025: Beyoncé wins best country album    Imavov knocks out Adesanya in second round as Riyadh Season hosts thrilling UFC night    Museum Authority to open second edition of 'Art of the Kingdom' exhibition in Riyadh    Al Ittihad stages dramatic comeback to defeat Al Kholood 4-3 in thriller    Al Nassr signs Colombian striker Jhon Durán from Aston Villa    Saudi composer Nasser Al-Saleh passes away at 63    Saudi drama icon Mohammed Al-Towayan passes away at 79    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Airbus opens first assembly plant outside Europe in China
Published in Saudi Press Agency on 28 - 09 - 2008


Aircraft builder Airbus opened an assembly plant
in China on Sunday, its first production facility outside of Europe, DPA reported.
Airbus said it viewed the modern facility in the port city of
Tianjin one hour to the south-east of the capital Beijing as a
"milestone" in the globalization of the company's production.
"With the final assembly line here in Tianjin, we deepen and
expand our industrial relationship, which is a key pillar of the
internationalization strategy of Airbus," Airbus head Thomas Enders
was quoted by the Xinhua news agency as saying at the opening
ceremony.
Chinese Premier Wen Jiabao was also present Sunday.
The investment in the plant was between 8 billion and 12 billion
yuan (1.2 billion to 1.8 billion dollars), state-run Xinhua reported.
The Airbus chief further said that the company would seek to
purchase one billion dollars of components and materials from Chinese
companies annually by 2020. In 2007, the company bought 70 million
dollars of equipment from China.
Enders said the Tianjin assembly line had "the latest state-of-
the-art technologies, as it has integrated technologies from both
lines in France and Germany."
Four A320 Airbus craft are expected to be assembled at the Tianjin
plant each month by 2011 at the latest.
The first aircraft is expected to be delivered to China's Sichuan
Airlines in the middle of 2009.
Assembly in Tianjin of parts produced in Europe already was
started up in August.
The new assembly plant, which is the equivalent of the modern
Airbus facility in Germany's northern city of Hamburg, will primarily
target the Chinese market, which the Airbus CEO said was the second
largest aviation market.
Air passenger numbers are predicted to climb by 10 per cent per
annum in China.


Clic here to read the story from its source.