CCCC to build industrial park in Jalisco State

(By chinca)

Updated: 2015-10-30 16:14:36

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China Communications Construction Company (CCCC) on October 27 signed a memorandum of understanding with the government of the western Mexico state of Jalisco to build an industrial park, reports Reuters. Under the terms of the agreement, a six-month feasibility study will be conducted to identify a suitable location for the park, which would house Chinese manufacturing firms. The plan is to develop a 500-hectare site; the Jalisco government will pay for half the land and CCCC will pay for the rest as well as finance the park's development.