Mubea’s 120 million euros investment in smooth progress in Yangzhou

2022-12-26 15:45:00

Guangling Economic Development Zone is providing full support for the 120 million euros investment project by Mubea, one of the leading German automotive suppliers.

The project’s site manager Emre said Mubea Automotive Components (Yangzhou) is expected to be ready to open in the first half of 2023 as new equipment will be imported soon.

Emre also said Guangling has provided an incredible service to facilitate the project from company registration to opening a bank account and other approvals.

File photo of the launching ceremony of Mubea Yangzhou

Mubea has 45 production bases and R&D centers worldwide. After entering the Chinese market in 2004, the group has set up five factories in three bases and one Asia-Pacific manufacturing center. The Yangzhou project covering an area of 145 mu mainly produces precision steel tubes and other automotive parts.