Chinese vehicle manufacturer, Great Wall, is expected to invest a total of US$70m in a new assembly plant in Moscow, according to ITAR-TASS news agency.
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The plant is expected to produce around 50,000 vehicles over a three year period.
However, last 15 March, Reuters reported that Great Wall would build a plant with 50,000-units capacity in the town of Yelabuga in Tatarstan at a cost of US$100m.
It is not clear if the Moscow plant is in addition to this plant, but we would expect not.
Great Wall sold 6,600 vehicles in Russian in 2005.
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By GlobalDataDuring 2005, Avtotor, based in Kaliningrad, assembled a pilot batch of three Great Wall vehicles, but this appears to have come to nothing.
