OREANDA-NEWS. The interdepartmental Commission on special investment contracts (ACNP) have approved the project of a subsidiary of the Chinese company Great Wall LLC "Haval motor manufacturing Rus". The volume of investments in the framework of SPIK will exceed 42 billion roubles, have informed in a press-service of the Ministry of industry and trade.

As suggested earlier, the enterprise will be the production of crossovers. Meanwhile, coming off the Assembly line only one model – Haval F7. In the future cars of the Chinese brand will get the engine, box, electronic components and control systems of the Russian Assembly.

Russian plant Great Wall officially opened on 5 June 2019 Investments amounted to $500 million in the company in the full cycle of available crossovers Haval. The current design capacity of the plant to 80,000 cars a year, further it can be expanded to 150 000 units a year.

The head of Department Denis Manturov added that the company, the project plans to pay 90 billion rubles in taxes.