China’s Futian to build $500 mln car plant in Cameroon

Nov 9 (Reuters) – Chinese carmaker Futian Automobile plans to build a $500 million utility vehicle assembly plant in Cameroon for the six-nation central African regional market, Cameroon’s industry ministry said on Friday. The plant will start rolling out about 5,000 trucks and vans annually from July 2013 and will create about 8,000 direct jobs, [...]