# Sany Group invests over 10 billion yuan in Loudi industrial park

Sany Group signed an agreement on October 9, 2020, to invest over 10 billion yuan in five projects in Loudi, Hunan, including a hydraulic cylinder smart eco-city, a truck parts industrial park, a road machinery lighthouse factory, and two schools.

- Type: Investment
- Announced: 2020-10-09
- Where: Loudi, Hunan, China
- Value: $1.48B (10.0B CNY)
- Status: announced
- Products: hydraulic cylinders, truck parts, road machinery
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [SANY Group](https://endata.com/companies/15954.md)

## Sources

- [product.21-sun.com](https://product.21-sun.com/sanyx/news_detail/detail_595.htm), 2020-10-10: "We hope to create the first local enterprise with over 10 billion yuan in revenue for our hometown through these projects."

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