Construction of Major Air Conditioner Production Center Launched

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Last updated at: (Beijing Time) Tuesday, November 05, 2002

Construction of Major Air Conditioner Production Center Launched

Construction of China's biggest air conditioner production center was launched recently in Nanchang, capital of east China's Jiangxi Province.

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Construction of China's biggest air conditioner production center was launched recently in Nanchang, capital of east China's Jiangxi Province.

Gu Chujun, board chairman of the Green Cool Group Co., said the360 million US dollar project is a joint venture between the groupand south China's Kelon Group, one of China's major electronics giants.

Upon completion in 2006, the Green Cool-Kelon Industrial Park is expected to become the biggest air conditioner manufacturing center in China.

Located in the Nanchang Economic and Technological Development Zone, the center will have a designed production capacity of up to5 million units of air conditioners a year, or about 10 billion yuan (1.2 billion US dollars) in output value.

The initial stage of construction is due to be completed by 2003, at which time the center will cover 186,000 square meters and produce 1.5 million units a year.

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