# KDT to invest CNY 2 billion in smart furniture equipment base in Shunde

Guangzhou KDT Machinery Co., Ltd. (KDT) successfully bid for a 190-mu (12.7-hectare) plot in Shunde, Foshan, for its first-phase project with a total investment of CNY 2 billion. The project will build a smart furniture equipment production and sales headquarters, producing five-axis machining centers and automated flexible wood door and window production lines.

- Type: Investment
- Announced: 2021-06-23
- Where: Shunde, Foshan, Guangdong, China
- Value: $310.0M (2.00B CNY)
- Status: announced
- Products: five-axis machining centers, automated flexible wood door and window production lines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Guangzhou KDT Machinery Co.](https://endata.com/companies/18258.md)

## Sources

- [ep.ycwb.com](https://ep.ycwb.com/epaper/ywdf/html/2021-06/23/content_543_397632.htm), 2021-06-23: "广州弘亚数控机械股份有限公司成功竞得顺德龙江190亩地块，首期项目投资总额20亿元。"

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