Japan’s Honda will invest a considerable sum of money in its production in Canada

Japan’s Honda will invest a considerable sum of money in its production in Canada

11.01.2017 News

The Government of Canada and, directly, the municipality of the largest city Toronto will help to improve automotive industry Honda. This information is provided by investment portal InVenture Ukraine.

It is known that the forward Japanese manufacturer of motorcycles and automobiles will invest in their businesses in the central Canadian provinces – Ontario (Mr. Elliston) more than $ 300 million. The government and the City of Toronto, for its part, will invest $ 31.6 million. Thus the total investment in the Canadian business Honda will be approximately $ 372 million.

As representatives of the international industrial company Honda say, it will be releasing of new models such as the Honda Civic and CR-V in canadian companies. Also, the investment will cover the cost of construction of a new dyeing workshop. Since the group has plans to make production more environmentally friendly, it will also bring eko benefit | for the whole country, as emphasized a Canadian politician Navdeep Bains.

Also read: Hyundai and Kia acquire 23% stake of Hyundai Capital from General Electric

Other articles

Read also

Japan’s Honda will invest a considerable sum of money in its production in Canada
News

Lufthansa resumes operations in Ukraine

German airline Lufthansa made its first flight to Lviv on April 30, after a one-year break. 79 passengers arrived in Lviv, which is almost 100% of the aircraft load. It is reported that in the first month the airline will fly three times a week, and in June the number of flights will increase to […]

Next
Japan’s Honda will invest a considerable sum of money in its production in Canada
News

Biden blacklisted 59 Chinese companies

U.S. President Joe Biden on Thursday signed a decree banning Washington from investing in 60 Chinese companies that the White House says are undermining U.S. security. “This executive order allows the United States to ban investments in Chinese companies that undermine the security or democratic values ​​of the United States and our allies,” the document […]

Next
Japan’s Honda will invest a considerable sum of money in its production in Canada
News

The price of bitcoin exceeded the mark of $ 18 thousand

The value of bitcoin for the first time since December 2017 exceeded the mark of $ 18 thousand. The cryptocurrency rate reached $ 18,174. For the first time since December 2017, the bitcoin exchange rate exceeded 18,000. This is evidenced by data from the electronic cryptocurrency exchange Coindesk and the portal CoinMarketCap. So, on the […]

Next
Japan’s Honda will invest a considerable sum of money in its production in Canada
News

Ukrsotsbank initiated a criminal case against agro-industrial holding “Creative”

“Ukrsotsbank” obtained the criminal case against the “Creative”, –  reported Finclab. In “Ukrsotsbank” commented that on January 14, 2016 by investigators of the National Police was opened a criminal case (№12016100000000014, Article 191 part 5) on the fact of abuse of office and embezzlement of “Ukrsotsbank” in large-scale by employees of agricultural holding “Creative”. According […]

Next
Japan’s Honda will invest a considerable sum of money in its production in Canada
News

The Turkish company Molino will build a grain terminal in Odessa for $ 150 million

The Turkish company Molino intends to build a modern grain terminal in Odessa with a fast speed of stowing a ship. During the investment forum “Prospects of development of sea trading ports of Ukraine” in Odessa the Turkish company Molino offered investors to construct modern grain transfer complex with a fast speed of stowing a […]

Next
Japan’s Honda will invest a considerable sum of money in its production in Canada
News

Manufacturer robots with Gates investments began preparations for listing

Medical robotics developer Vicarious Surgical with Bill Gates’ investment is planning a listing. The manufacturer is negotiating a merger with SPAC-company D8 Holdings, according to Bloomberg, citing its sources. The parties are discussing a merger, which could result in a $ 1.1 billion valuation of the combined company. Negotiations are currently underway, an anonymous source […]

Next
Japan’s Honda will invest a considerable sum of money in its production in Canada
News

Merry Christmas!

Editorial office of the analytical business periodical LDaily congratulates readers and colleagues. Let this family winter holiday will bring warmth to your home, give the happiness and well-being to your family and loved ones. From the whole team of our magazine we wish you to leave behind all the troubles and sorrows. Start the year […]

Next
Japan’s Honda will invest a considerable sum of money in its production in Canada
News

The “Astarta” agricultural holding will invest 10 million UAH in the development of the industry

The largest producer of sugar in Ukraine, the “Astarta” agricultural holding launched the project on drip irrigation in the Poltava region. The cost of the project is 10 million UAH. “Irrigation technology will be applied to the crops of sugar beet: first, 360 ha, and according to the results of the project in this year, […]

Next
Japan’s Honda will invest a considerable sum of money in its production in Canada
News

The World Bank has allocated $ 212 million to Ukraine for the modernization of hydroelectric power plants

The World Bank’s Board of Directors has approved a $ 212 million grant to Ukrhydroenergo for the manufacture of hybrid power generation systems. This was announced the day before by the press service of the World Bank. “The project will increase the flexibility of the Ukrainian energy system, which will help synchronize with the European […]

Next
Japan’s Honda will invest a considerable sum of money in its production in Canada
News

Polish gas company PGNiG has appointed a new chairman

The Polish oil and gas company PGNiG has appointed Pavlo Majewski chairman of the board. The previous chairman, Jerzy Kwieciński, worked for less than a year. “The company’s supervisory board has decided to appoint Pavlo Majewski as the chairman of the board of PGNiG from November 12, 2020 for a term until January 10, 2023”. […]

Next
Japan’s Honda will invest a considerable sum of money in its production in Canada
News

Microsoft, Vodafone, Hewlett-Packard: AI Conference Kyiv to Gather Top AI Experts

On June 4, Smile-Expo will hold annual AI Conference Kyiv in the capital of Ukraine. This year, the conference is focused on business automation using artificial intelligence. Speakers include leading experts from Microsoft, Vodafone, Hewlett Packard Enterprise, METRO Cash & Carry, and other well-known companies. Keynote Speakers of AI Conference Kyiv The conference primarily aims […]

Next
Japan’s Honda will invest a considerable sum of money in its production in Canada
News

Europe suspects McDonald’s in violation of tax legislation

The chain of one of the world’s most popular fast food restaurants McDonald’s is suspected in violating tax laws in Europe. Today, the European Commissioner for Competition Margaret Vestager plans to announce a formal investigation into tax treaties with Luxembourg McDonald’s – reports Reuters with reference to informed sources. The investigation is scheduled to consider […]

Next
Japan’s Honda will invest a considerable sum of money in its production in Canada
News

Airbnb intends to raise $ 1 billion from the initial public offering

The American company Airbnb, which is the operator of the rental service of the same name, expects to raise $ 1 billion through an initial public offering (IPO). This is stated in a statement posted on Monday on the website of the Federal Securities and Exchange Commission. The company clarifies that its plans are “preliminary […]

Next
Japan’s Honda will invest a considerable sum of money in its production in Canada
News

Salesforce announced the purchase of Slack messenger for $ 27.7 billion

Salesforce is one of the world’s largest players in the cloud computing sector. They will buy Slack Technologies, the owner of Slack’s corporate messenger. The Wall Street Journal reports, Messenger will cost Salesforce $ 27.7 billion, which will be the largest acquisition of the company in its history. The terms of the deal include that […]

Next
Japan’s Honda will invest a considerable sum of money in its production in Canada
Analytics

Real Estate Market: Slow Growth

In general, over the past 2 years, the real estate market has shown positive dynamics in almost all segments, especially since the situation has equaled both in the capital and in the regions. Let’s consider more different segments. THE RESULTS OF THE 4TH QUARTER OF 2017 AT THE OFFICE REAL ESTATE MARKET IN KIEV The […]

Next
Japan’s Honda will invest a considerable sum of money in its production in Canada
News

The United States has allowed Amazon to deliver parcels by drone pilots

The American corporation Amazon has received permission from the Federal Aviation Administration of the United States to use drones to deliver cargo. This was reported by TASS. As reported, on August 29, management allowed the “use of unmanned aerial systems” service Prime Air, owned by Amazon. The relevant inquiry Corporation sent in 2019. Representatives of […]

Next