K.Land Consulting
FDI SUCCESS
SAIC Motor, 2018
Location: FIPA-Tunisia - Tunisia
The Chinese car manufacturer SAIC Motor and the Tunisian group Meninx Holding signed an agreement to set a plant in Tunisia for African and European markets.The deal was sealed during the Forum on China-Africa Cooperation (FOCAC) in Pekin and will see the auto company specialise in the production of Morris Garage (MG) branded cars after K.Land arranged the f2f meeting with FIPA-Tunisia. In 2017, SAIC Motor sold 6.6 million cars and is currently the leading car manufacturer in China. It owns 23% of the country’s market thanks to its brands Roewe and MG as well as joint ventures with Volkswagen and General Motors.
Wanhua Chemical, 2017
Location: Louisiana - USA
Jobs created: 1,115
Capital Investment: $ 1.12 bn
K.Land was involved in securing the investment of Wanhua Chemical to select Louisiana for major chemical manufacturing complex. The investment by the world’s largest producer of polyurethane raw materials is the second largest Chinese investment in the state. The plant, which will produce MDI, a major chemical used in insulation foam for refrigerators, is expected to create more than 1,100 jobs. Louisiana’s immediate access to natural gas and ease of transportation via the Mississippi River are reasons for choosing the state.
OSELL, 2016
Location: Toronto, Ontario - Canada
Jobs created: 30
Capital Investment: $ 3.5 m
Osell Direct established a new warehouse in Toronto, Canada. The warehouse, its first in North America, will feature high-end Chinese brands and will allow for quicker delivery to local retailers. K.Land team met the company in August 2015 and discovered that OSell planned to set up a headquarters in North America to better serve local demand. We facilitated many formal discussions between OSell & MEDEI Ontario as well as the Mayor of Toronto during a mission to China. Within 6 months of initial contact OSell had finalized the site selection choosing the Greater Toronto Area and began the process of preparing the company set-up and registration.
Yuhuang Chemical, 2014
Location: Louisiana - USA
Jobs created: 3,500
Capital Investment: $ 1.85 bn
Louisiana Economic Development worked with K.Land to seek and secure the investment of Yuhuang Chemical in St. James Parish, Louisiana. As the first major foreign direct investment project by a Chinese company in Louisiana, Yuhuang promised to establish world-scale methanol manufacturing complex on the Mississippi River with a investment capital of $1.85bn which will also bring 400 new jobs on a 1,100 acre site. During the project, K.Land organized and attended meetings with Yuhuang and a senior delegation from Louisiana.
