Croatia keen to attract Chinese investment

 

 

 

 

Some 30 kilometers north-west of the Croatian capital of Zagreb, a truck transports equipment to the construction site of a Chinese-owned and Austrian-based FACC company in Jakovlje. Workers here don't have time to waste, their project must be completed by next summer.

The project is the expansion of a factory that will be the workplace of an additional 350 workers who will produce parts for the interiors of Airbus, Boeing, and Chinese Comac aeroplanes. Currently, 250 workers already produce parts of the interior for many passenger jets. Interior panels, and overhead compartments are made here - everything besides the seats. And now, the market has demanded the expansion of their production.

Matija Feri Chief Financial Officer of FACC in Croatia, explained the project to CGTN: "There are two motives for this expansion. The first is the increase of the capacity of the existing production, and the second is the increase of the production scope. We will be ready for the expected production increase by the aeroplane manufacturers and we will be able to produce more parts for them.”