Chinese company Yutong is considering investing in Vinnytsia

On February 5, investment opportunities of Vinnytsia Industrial Park and advantages of participation in Vinnytsia Innovation and Technology Park “Crystal” were presented for the company Yutong (China) in Vinnytsia City Council.

Representatives of the City Council and the municipal enterprise Vinnytsia Municipal Center of Innovation talked about the current state of socio-economic development of the Vinnytsia city territorial community, advantages of doing business on its territory, as well as investment conditions in Vinnytsia Industrial Park.

“Vinnytsia is systematically working on socio-economic development, especially in terms of attracting investment. In this direction, Mayor Serhii Morhunov continued the strategic work introduced by Volodymyr Groysman. The team of Vinnytsia City Council makes every effort to ensure that the city remains the most comfortable place to do business in Ukraine and is attractive to foreign and regional investors”, – told the secretary of Vinnytsia City Council Pavlo Yablonskyi.

Svitlana Yarova, director of the municipal enterprise Vinnytsia Municipal Center of Innovation presented detailed information on the benefits of investing in Vinnytsia Industrial Park. Among other things, it was noted that all the necessary engineering and communication infrastructure for starting a business has already been provided on its territory. In addition, the connection of the residents of Vinnytsia Industrial Park to communications is free of charge. Prospects for intercultural cooperation, educational and scientific cooperation were also discussed during the meeting.

About a potential investor:

Yutong is a Chinese company that manufactures buses and electric buses. The headquarter of the company is in Zhengzhou City, Henan Province. The company uses components from the companies such as MAN, zF, Wabco, DANA, Cummins, Eaton, Allison, Nissan, Hino in the production of its buses. In 2020, Yutong exported more than 70 000 cars and sold 140 000 new power buses worldwide.

About the investment site:

Vinnytsia Industrial Park – a “greenfield” land plot of ​​35.7 hectares, located at Nemyrivske Shose street, 213 (view on the map). The site has all necessary technical communications. In this way, business entities get a ready-made site to start their business, which is a significant competitive advantage. More information about Vinnytsia Industrial Park is at the link.

Priority industries of Vinnytsia Industrial Park in accordance with the approved Concept: furniture production, repair and installation of machinery and equipment; engineering; logistics and service.

Vinnytsia Municipal Center of Innovation is the management company of Vinnytsia Industrial Park. The main functions of the Municipal Enterprise are improving the investment image of the city, creating new jobs, providing favorable conditions for the development of industrial enterprises and related business activities, attracting and supporting investors, obtaining all necessary permits for the residents of Vinnytsia Industrial Park and post-investment investors support.

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