Ford has said it will begin construction on a new plant in Nanchang City, capital of east China’s Jiangxi Province, next year.

The plant will begin operations in 2013, Ford Asia-Pacific and Africa president Joe Hinrichs said at a meeting with Jiangxi governor Wu Xinxiong, the official Xinhua news agency reported, adding that Hinrichs did not give further details concerning the plant.

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Ford hopes to boost Nanchang’s automobile industry and will increase its stake in Nanchang-based Jiangling Motors, Hinrichs said.

Ford has a 30% stake in JMC which builds Transit vans for sale in China. The two companies have been strategic partners since 1995.

Jiangxi provides Ford with a great opportunity for development as the province has low costs and huge potential for economic growth, Wu said.

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