Shandong Rizhao Automobile and Engine Parts Industrial Cluster Formation

With the modern WIA automobile engine as a leader, there are currently more than 20 parts and components supporting projects completed and put into production, and more than 10 projects will be settled in the near future. An industrial cluster of automobiles and engine parts has already formed. Hyundai WIA Automotive Engine (Shandong) Co., Ltd. is a typical representative of the establishment of characteristic industrial clusters in the Rizhao Economic Development Zone and the promotion of industrial transformation and upgrading.

Hyundai WIA Automotive Engine (Shandong) Co., Ltd. started construction in March 2006 and has now completed a three-phase project: an engine plant area with 6 projects, namely a plant with 100,000 engine production lines; two plants with 150,000 Taiwan engine Production Line; three factory cylinder crankshaft processing line; mold factory precision mold processing line; rough a factory aluminum cylinder casting production line; rough second factory automobile core parts casting production line. These project and component supporting factory areas have become the main body of the development zone's automobile and engine parts industrial base, and they are moving toward the whole vehicle. After they are completed and put into production, the annual production value will exceed 50 billion yuan.