CHINA :Sundiro and Orbital Finalize Arrangements for Licensed Production Of Environmentally Friendly Motor Scooters
One of China's largest scooter manufacturers, China Hainan Sundiro Motorcycle Co Ltd (Sundiro) has signed an agreement which finalizes the terms of a technical co-operation and licensing arrangement with Orbital Engine Corporation Ltd (NYSE: OE). Final documentation is currently being prepared for submission to the Chinese authorities for approval. Australia's Federal Minister for the Environment and Heritage, Senator Robert Hill and China's Minister for the Environment, Mr. Xie Zhenhua were on hand to witness the signing of this agreement.
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