This year Guangdong has invested more than 14 billion yuan in key construction vehicle projects

According to the "Guangdong Province 2012 Key Construction Project Plan (Draft)" submitted to the Fifth Session of the Eleventh People's Congress of Guangdong Province, this year the province will continue to focus on the construction of Foshan FAW-Volkswagen, Shenzhen Changan Peugeot and other projects to invest in the automotive industry. It reached 14.2 billion yuan.

Among them, in the Foshan Automobile Industry Base, the total investment of 13.3 billion "Foshan FAW - Volkswagen Guangdong 300,000 car project" started last year, this year will continue to invest 4.5 billion yuan, mainly for "civil engineering, equipment purchase installation and commissioning" The project will be completed and put into operation in August 2013. The first phase of production capacity will reach 300,000 vehicles.

According to the draft, in addition to the Foshan Automobile Industry Base, this year Guangdong will also focus on building projects such as the Shenzhen Changan Peugeot, the Guangzhou Automobile Base and the Zhuhai Yintong New Energy Vehicle.

The Shenzhen Changan PSA Peugeot Citroen joint venture project, which has a total investment of 8.4 billion yuan, was officially started in November last year with a design capacity of 200,000 vehicles/year and a planned investment of 2.92 billion yuan this year.

The Guangzhou Automobile Base includes the Guangzhou Automobile Industry Base, the Huadu Automobile Industry Base in Guangzhou, and the Dongfeng Nissan Passenger Vehicle (up to 960,000 units) expansion project. The total investment this year is 2.47 billion, which is not lower than the previous year. less.

Affected by factors such as the earthquake in Japan, last year's Guangzhou automobile industry was also greatly affected. According to data released by the Guangzhou Municipal Bureau of Statistics, in the first 11 months of 2011, the total value of industrial output of the automotive industry was 276.541 billion yuan, up only 2.2% year-on-year, and 21.8 percentage points lower than the previous year (24.0%).