Guangzhou's annual investment in the automotive industry exceeds 5 billion yuan this year

According to the "Guangzhou City Key Construction Project Plan (Draft) 2011" submitted to the Sixth Session of the 11th National People's Congress in Guangzhou, Guangzhou City will focus on building Guangqi Honda Automobile Co., Ltd. (Zengcheng) to expand its production scale construction project (Phase II) this year. Eight major projects (including six continuing construction projects and two new construction projects), including the Guangzhou Automobile Industry Base Construction Project, have invested more than 5 billion yuan this year.

Among them, the major construction content of the expansion of the production scale construction project of Guangqi Honda Motor Co., Ltd. (Zengcheng) (Phase II) is the increase of production capacity of 120,000 vehicles/year and the annual output capacity of 240,000 vehicles. The total investment of the project is 930 million yuan. It plans to invest 560 million yuan this year.

The expansion capacity of passenger vehicle production capacity (600,000 units) of Dongfeng Motor Huadu Plant is mainly an increase of 240,000 vehicles/year. The project construction period is from 2010 to 2012, and the total investment of the project is 5.078 billion yuan. 2 billion yuan, mainly for land acquisition and civil construction.

In the continuation project, there is a Guangzhou Automobile Industry Base construction project with a total investment of up to RMB 21.5 billion, which is mainly related to auto parts and auto logistics, and plans to invest RMB 900 million this year; Dongfeng Nissan Passenger Vehicle Engine (to 480,000 units) expansion project will invest 540 million yuan this year; GAC Group Automotive Engineering Research Institute base construction and R&D project (first phase) will invest 400 million yuan this year; GAC Hino Motor Project (first phase) will invest 100 million yuan this year.

At the same time, Guangzhou will build two major new automobile projects this year. Among them, the total investment in product self-development and capacity building of Guangqi Honda Automobile Research and Development Co., Ltd. will reach 4.62 billion yuan. The project will start from 2011 to 2013, and it will be invested 5 this year. 100 million yuan, mainly for civil construction.

The first phase of the entire vehicle project of BAIC Group's South China production base (Zengcheng) will occupy 1246.3 mu of land. After completion, the production capacity will reach 100,000 vehicles/year. The construction period will start from 2011 to 2013, with a total investment of 1.5 billion yuan and an investment of 250 million yuan this year. Yuan, mainly used for pre-work and civil construction.

In addition, according to the "Guangzhou City Key Construction Preliminary Project Plan (Draft)", a total of five automotive projects were included, including a 2.13 billion yuan total investment in the expansion of Guangzhou Automobile Passenger Vehicles construction project, the construction content of the entire phase will be The production capacity of 100,000 vehicles per year has been expanded to 200,000 units/year, engine capacity has been expanded to 250,000 units/year, GAC Group's new energy auto projects with a total investment of 1.77 billion yuan, and Dongfeng Nissan Passenger Vehicle Engine with a total investment of 2.5 billion yuan (To 960,000 units) expansion project; Dongfeng Nissan Pure Electric Vehicle "leaf" project with a total investment of 2 billion yuan; Guangzhou Honda Automobile Co., Ltd. with a total investment of 1.533 billion yuan, with an annual output of 200,000 gasoline engine construction projects.