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ABB and Chongqing government signed an agreement to build a transformer manufacturing base in Liangjiang New Area, Chongqing. Phase 1 investment is 1.5 billion yuan, with construction starting in 2019 and completion expected in June 2022.
“项目一期计划投资15亿元,将建设大型电力变压器制造基地、绝缘件加工中心和全球变压器设计中心。”guoqing.china.com.cn
Summarized from public sources; check the original articles before acting on it.