TFTM No. 3 Plant Completed in TEDA

TFTM No. 3 Plant Completed in TEDA

May 28, 2007

Brand New COROLLA Sedan Rolled off Production Line

    BEIJING, May 28 /Xinhua-PRNewswire/ -- Today the TFTM
No. 3 Plant Opening Ceremony and COROLLA Sedan Off-Line
Ceremony were grandly held at TEDA (Tianjin Economic and
Technological Development Area). The completion and
production of its No. 3 Plant symbolizes that the strategic
cooperation between FAW and Toyota has entered a new stage.


     (Logo:
http://www.xprn.com/xprn/sa/20061103123230-28.jpg )

    The No. 3 Plant of TFTM (Tianjin FAW Toyota Motor Co.,
Ltd.) is situated in TEDA (Tianjin Economic-Technological
Development Area), covering 400,000m2 of land. The Plant
aims to produce 200,000 popular sedans a year. It will
stick to the principle of "high quality, high speed,
high efficiency and low input" and shape itself into a
world-class modern automobile manufacturing plant. 

    Since landing in TEDA in 2002, TFTM has launched many
models such as: VIOS, COROLLA, CROWN and REIZ, and more
than 90 supporting enterprises have settled down
successively to support its production. As one of the
important leaders in Tianjin's auto industry chain, TFTM
has effectively boosted the development level of the auto
industry in Tianjin and provided driving power for the
sustainable economic development of Tianjin New Binhai
Area. 

    Brief Introduction to Tianjin Economic-Technological
Development Area

    Tianjin Economic-Technological Development Area
(abbreviated to TEDA, with "Taida" as its Chinese
transliteration) was established in 1984, upon the approval
of the State Council of the People's Republic of China.  It
was one of the first state-level economic and technological
development zones in the country. 

    Located in the centre of the Circum-Bohai economic
circle and in the east of the Eurasia continental bridge,
TEDA is a portal to two such metropolises as Beijing and
Tianjin and a vital passage to Northeast China.  So far
over 3,300 overseas-founded companies have settled in TEDA.
 Among them 93 are founded by 44 corporations of the Fortune
Global 500 like Motorola, Samsung, Toyota Motor, etc.  In
2000, TEDA was acclaimed by Fortune of U.S. as "the
most admired industrial park of China." In 2002, it
was elected by the United Nations Industrial Development
Organization (UNIDO), along with five other Chinese cities
and areas including Shenzhen, Suzhou, Pudong New Area of
Shanghai, etc., "the most dynamic regions of
China."


    For more information, please contact:

     Ding Lei 
     Tel: [phone]

     Xu Hui 
     Tel: [phone]

     Web: http://www.investteda.org