Salvador, Brazil, 18 Nov – Chinese group JAC Motors has given assurances that it will build a car assembly plant in Camaçari, in the Brazilian state of Bahia, and the chairman of the Brazilian subsidiary, Sérgio Habib said Wednesday that work would begin in 2012 and be concluded in 2014.
Cited by the Brazilian press Habib also said that the factory would have departments to develop new technologies and design, a test track, acoustic emissions laboratories as well as a professional training centre.
According to the plan the factory is expected to employ 3,500 people who, working in two shifts, would produce 100,000 vehicles per year.
Total expected investment is 900 million reals (US$507 million), of which 80 percent will be raise din Brazil and the remaining20 percent will come from China.
At the end of the meeting in Salvador with the governor of the State of Bahia, Jacques Wagner, to sign the protocol of intentions for construction of the factory, Habib declined to say which car models would be manufactured at the factory.
JAC Motors arrived in Brazil last March and in December plans to open its first showroom in Santos, where it plans to sell the J3, J3 Turin and J6 models. (macauhub)