QJ Motor to Invest $9.75 Million in New Joint Venture in Indonesia
Asianfin--QJ Motor plans to invest $9.75 million to establish a joint venture in Indonesia. The new venture, Indonesia Qianjiang Motorcycle Manufacturing Co., Ltd., will be a collaboration between Qianjiang Motorcycle, Qianjiang International Trade Co., Ltd., and Qianjiang Motorcycle Co., Ltd.
The investment will focus on building a new motorcycle production facility in Indonesia, marking a significant step in Qianjiang's efforts to expand its presence in the Southeast Asian market.
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