# ABB to build transformer manufacturing base in Chongqing, China

ABB and Chongqing Liangjiang New Area signed an agreement to build a transformer intelligent manufacturing base in Yufu Industrial Park, Chongqing. The first phase involves an investment of 1.5 billion yuan (approx. $213 million) and is expected to start construction in 2020 and be completed and operational in 2022.

- Type: New facility
- Announced: 2019-12-05
- Where: Yufu Industrial Park, Liangjiang New Area, Chongqing, China
- Value: $213.0M (1.50B CNY)
- Starts operating: 2022
- Status: announced
- Products: large power transformers, insulation components
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [ABB](https://endata.com/companies/1547.md)
- [Chongqing Liangjiang New Area](https://endata.com/companies/43791.md) (partner)

## Sources

- [cq.cri.cn](https://cq.cri.cn/20191207/eb72c3dc-bc73-e657-5789-56b0945b2407.html), 2019-12-07: "项目一期计划投资15亿元，将在两江新区鱼复园区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。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.