The China Aviation Industry Corporation has signed a cooperation framework agreement with Tianjin Municipal Government on jointly building a China helicopter industry base in Tianjin Airport Industry Park.
The base consists of the research and development base, product assembly base, customer service base and related necessary facilities.
The project is expected to receive investment more than RMB20 billion, and will be completed in 2017. It is another major aviation industry project to be built in Tianjin Binhai New Area following the project of Airbus A320 series aircraft.
Source: China Online