Eurocopter and the Tianjin Free Trade Zone establish a partnership framework
In a signing ceremony today witnessed by German Chancellor Angela Merkel and Chinese Prime Minister Wen Jiabao, Eurocopter and Tianjin Free Trade Zone inked a memorandum of understanding to explore the creation of a completion and customization center for Eurocopter’s Ecureuil family.
Eurocopter intends to expand its local footprint in China by setting up the China Completion Center in Tianjin for the purpose of completing and customizing light helicopters from Eurocopter’s best-selling Ecureuil family for the Chinese market.
This Center will be designed from the start to enable future growth in accommodating other Eurocopter helicopter types. Eurocopter and the Tianjin Free Trade Zone (TFTZ), a successful partner of Airbus for its Tianjin-based A320 final assembly line, would form a joint venture for this activity, with the target of commencing operations by end 2013.
The China Completion Center will be located adjacent to the Airbus Tianjin facility to allow for greater synergy within the EADS Group.
Bruno Boulnois, CEO of the Eurocopter China subsidiary, said flexibility offered through local customization of Ecureuil helicopters, along with their reduced delivery times, will be appreciated by customers. “This is another significant commitment by Eurocopter in supporting the Chinese general aviation sector’s development,” he explained.