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14.11.06

PRODUCTION * Viet Nam - Chinese joint venture to manufacture buses in

Hanoi,Vietnam -The Vietnam Economic Times -13 Nov 2006: -- Chinese bus manufacturer Jiangsu Zonda will enter into a joint venture with Viet Nam Deawoo Motor Co., Ltd. (Vidamco)... The Viet Nam Zonda joint venture, capitalised at 60 million USD, will produce 20,000 buses per year... Construction of the first phase of the manufacturing facility, to be built at a cost of 20 million USD, will begin in December and be operational in October next year...

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