Wenfa Aerospace starts construction of $388M production base in Wuhan

Wenfa Aerospace Technology Development began construction of a CNY2.6 billion ($388 million) production base called Hannan Industrial Park in Wuhan, China. The facility will produce aircraft, engine assemblies, and parts, with plans to make 500 planes and 2,000 engines annually starting in 2020.

“The firm expects to have the park up and running next year and plans to make 500 planes and 2,000 engines each year.”yicaiglobal.com

• 1 source
• yicaiglobal.comWenfa Aerospace Starts Work on New USD388 Million Production BaseXia RuiruiApr 17, 2019

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