Auto Special: African business drives truck maker into developed countries
By Wang Qian | China Daily | Updated: 2014-05-08 07:10
China National Heavy-Duty Truck Group Co signed a $100-million deal for a new assembly plant to produce trucks in Lagos, Nigeria.
The nation's leading heavy-duty truck maker hopes the project will give its business in Africa a further boost.
The new knocked-down assembly line is a joint investment established by the Shandong-based company, also known as Sinotruk, and Africa's industrial giant Dangote Group.
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