The HMV project was among the nine major projects that were announced and agreements signed to the tune of US$3.2bn in the China-Oman Industrial Park at the Special Economic Zone in Duqm (SEZD) in April.
Since then, considerable progress has been made on the project. Ou Guosheng, general manager of Wuhan Xiaolong Automotive and Technology, said that three stages have been completed. “The first is the soil and geographical surveys, the second signing the partnership agreement with Wanfang Oman Company, and the third stage is site design to suit the needs of the factory,” he said in the latest issue of Duqm Economist , SEZAD’s newsletter.
Guosheng expressed his pleasure for signing the partnership agreement with Wanfang Oman Company, the firm behind the development of the China-Oman Industrial Park, that allows Wuhan Xiaolong to set up a factory for the production of HMVs.
He added that the company would invest US$84mn in the project, the first of its kind in the Middle East. “Manufacturing high-mobility vehicles is a heavy industry. Wuhan Xiaolong will manufacture all the tools and spare parts for the vehicles,” he said. “This type of vehicle can be used for civilian as well as military purposes. Our current customers, Chinese police and armed forces, also use our vehicles.”
Guosheng said that the company will sell the HMVs in major markets. “We will target several markets in the African continent as well as the markets of the Middle East, South America, North and East Asia. We look forward to an annual production of 10,000 cars, including 9,000 units for civilian and 1,000 units for military use. We hope that the new factory in SEZD would achieve great success.”
Wuhan Xiaolong is currently engaged in the manufacture and sale of HMVs for civilian and military uses with a production capacity of 8,000 units, 5,000 of which are produced annually in the Wuhan plant, and 3,000 units in the Fujian plant in China.