Latest Breaking News On - Investors bacolod city mayor alfredo abelardo benitez right with officials of china based jiangsu fengchuen new energy power technology co ltd - Page 1 : comparemela.com
INVESTORS. Bacolod City Mayor Alfredo Abelardo Benitez (right) with officials of China-based Jiangsu Fengchuen New Energy Power Technology Co. Ltd., who arrived in the city earlier this month. On Monday (Feb. 20, 2023), Benitez said they are studying the firm's formal proposal to establish an electric-vehicle manufacturing plant in the city.(Video grab from Albee Benitez Facebook page) BACOLOD CITY - A Chinese firm has submitted a formal proposal to the city government to establish an electric (e)-vehicle manufacturing plant in a still undisclosed area here. "This is an offshoot of our trip to China," said Mayor Alfredo Abelardo Benitez in a press briefing on Monday. Benitez, who first met with the investors when he joined President Ferdinand Marcos Jr.'s state visit to Beijing in January, said they have received a draft copy of a memorandum of understanding from Jiangsu Fengchuen New Energy Power Technology Co. Ltd., which is eyeing to invest USD200 million for the p