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The press office of the Chief Executive of Saratov State in Russia recently announced that Dongfeng Automobile Co., Ltd. will set up a bus factory in the state.
According to the office, the governor of Saratov has already signed an agreement with the General Manager of Dongfeng. The China-Russia funded joint venture is to be built in the Red Army District in Saratov city. With a total investment of 100 million USD, the bus factory to be built is expected to roll out 500 buses annually.