Derways building plant in Chechnya for Chinese CKD assembly

By 2014-02-14T16:34:57

DenwaysCKD_facility_Chechnya

Russian carmaker Derways Automobile Company is planning to build a $500m assembly plant in the Chechen Republic, in the south of the country, that will assemble Chinese vehicles from complete knockdown (CKD) kits. Construction is expected to begin in 2015.

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