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Chinese-owned LED manufacturer Hongbo Clean Energy, the first Chinese greenfield investment project in Poland, is being held up as a prime example of how the Belt and Road Initative is helping1 Chinese firms expand around the world.
中国国有LED制造商鸿博清洁能源,波兰首家中国绿地投资项目,成为一带一路帮助中国企业全球扩张的最好例证。
Hongbo Clean Energy is expanding its European operations by building a new high-tech2 complex in Opole, in Poland's southwest.
A framework agreement was first signed at the Silk Road Forum3 and Poland-China Regional Cooperation& Business Forum in 2016.
Under the plan, phase one of construction work on the new plant was completed in August last year.
Phase two in the construction, mainly for hardware and surface treatment, is entering the final stage of its environmental approvals.
It is expected to be operational sometime in the second half of next year.
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