The plant will open in Chongqing, a city of about thirty million people, which joins Chengdu by about 100 million.
Construction chemist Sika opens a new plant in southwest China. The opening makes it possible to use the dynamism of the region, welcoming the company located in the bar on Tuesday. Financial details of the investment were not disclosed.
The plant will open in Chongqing, a city of about thirty million people, which joins Chengdu by about 100 million.
In the region, there are several automotive manufacturing sites, as well as companies active in finance and logistics. Demand for sustainable construction remains strong, according to Sika, indicating that production capacity may be increased.
According to forecasts, the construction industry in China is expected to register an average annual growth of 4.5% over the next three years. The Chinese government’s five-year plan places particular emphasis on transport and energy infrastructure, with 8 billion francs of investment planned.
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