Shandong Wuzheng Group Co. Ltd (Truck Plant)

Model Number: BIGST- 820 -2 (BJ381G) Brand Name: BIGST or customized Key Specifications/Special Features: 4.9m station wagon low ground clearance available for both CBU import and SKD/CKD assemblySome information about the automobile assembly plant project:1. What can we get from this vehicle assembly project?1) Save customs duty, this is one of the most important factors, usually, in most of the countries, the customs duty rate for the KD parts (knocked down auto parts) is much less than the rate for the complete vehicle, the government wants to protect or develop their own industry, for example, in Nigeria, the tax rate on CBU (complete vehicle) is 35%, while only 5% for SKD, and zero percentage (0%) for CKD, this is a very good policy2) Save other taxes (tax exemption) in your country for importing such a vehicle in KD parts instead of complete built unit, for example, to exempt the VAT for 10 years3) Save shipping cost, for your information, usually, one 40ft container can load more units of the CBU than the SKD/CKD, calculated on average in large quantity, thus the cost is reduced down
Actually, the biggest advantage is: you can save a large percentage of import tariff, compared in the whole process, the shipping cost and the package is only small part
Loading units of the KD parts vehicles will be according to the actual situation accordingly
4) Earn your own intangible assets: with the vehicle assembly project, you can have, create and develop your own auto brand, logo and also expand to the neighboring countries by using the preferential tariff policy among your communities
5) Creating more and more job opportunities for your local people of your country, driving and leading your country's industry to develop and stimulate economic growth of your country, thus you can get more good and preferential policies from your government, this is positive circle for the development of your assembly project