According to this article in today's Listin Diario, Xiamen Golden Dragon, China's second largest automotive company, it planning to construct a regional asembly plant in the Dominican Republic. The plant, if built, would servise Latin America and the Caribbean.
It seem that Xiamen is very serious and in fact a delegation, which includes its president will soon visit the DR.
The initial investment is expected to excede USD$100 million, and create at least 1000 direct jobs.
http://listin.com.do/cuerpos/republica/rep9.htm
Does any one have any additional information on this deal?
Would it go through?
How long would it take for it to be fully operational?
I also find it somewhat odd that they would want to locate in the DR, an island, as oppose to South or Central America.
It seem that Xiamen is very serious and in fact a delegation, which includes its president will soon visit the DR.
The initial investment is expected to excede USD$100 million, and create at least 1000 direct jobs.
http://listin.com.do/cuerpos/republica/rep9.htm
Does any one have any additional information on this deal?
Would it go through?
How long would it take for it to be fully operational?
I also find it somewhat odd that they would want to locate in the DR, an island, as oppose to South or Central America.