# Chongqing Mechanical & Electrical joint venture to build transformer base in Chongqing

Chongqing Mechanical & Electrical's joint venture plans to invest approximately CNY 1.051 billion to build a large power transformer manufacturing base, insulation processing center, and global transformer design center in Liangjiang New Area's Yufu Industrial Park, Chongqing. The project is expected to be completed by December 2022.

- Type: New facility
- Announced: 2020-08-26
- Where: Yufu Industrial Park, Liangjiang New Area, Chongqing, China
- Value: $152.0M (1.05B CNY)
- Starts operating: Dec 2022
- Status: announced
- Products: large power transformers, insulation components
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Chongqing Mechanical & Electrical](https://endata.com/companies/49492.md)
- [Chongqing ABB](https://endata.com/companies/49493.md) (partner)

## Sources

- [zhitongcaijing.com](https://www.zhitongcaijing.com/content/detail/331211.html), 2020-08-26: "通过对交通运输、区位优势及地形特点等方面的论证，此次项目拟选建设地点为：重庆市两江新区鱼复工业园，计划2022年12月完成搬迁。"

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