NWDA welcomes investment decision from leading Chinese manufacturer - MIDAS

NWDA welcomes investment decision from leading Chinese manufacturer

2 March, 2009

The Northwest Regional Development Agency (NWDA) and UKTI have welcomed the announcement by Chinese company, Galanz, to set up their UK head quarters in Manchester.

Galanz is one of the world’s largest manufacturers of home electrical appliances and has been visiting the country for some time to thoroughly explore the best location for their UK base. The confirmation of this injection of foreign direct investment for Manchester from the company is particularly welcome in the current economic climate.
UKTI and NWDA have been working with Galanz for about two years and there have been a number of visits from the company to the region throughout this time, allowing the NWDA to build a good relationship with Galanz in the UK and also an important relationship with Jing Chen, the NWDA’s Chinese representative, based in Shanghai.
Galanz has already employed one UK representative and once a location is set up in Manchester, they will be looking to take on up to 10 additional local staff. Galanz already manufacture under license to major companies worldwide brands. Once established in the region, they will look to expand their products business range into the UK market.
Over the last year the NWDA and MIDAS, Manchester’s Investment and Development Agency, have been working closely with Galanz, to help them with their move into the Northwest.

 Jacky Lau, Vice President of Galanz (Foreign Trade), who has been instrumental in moving this investment forward, said: “We are very excited about our move to the UK which will help us to bring in our more products to the market place. The Northwest, and Manchester in particular is a great location, providing us with easy access to clients across the UK, and we are looking forward to moving in.”
Sarah Kemp, Director of Business Relations, NWDA, said: “We are delighted to be supporting Galanz with their investment into the Northwest. This is a major Chinese company and a real coup for the region. We have been working with them for two years now and despite the tough economic climate they are as committed as ever to get their operation set up in the Northwest and we will continue to do all we can to support this investment.

Source: NWDA

Link: http://www.nwda.co.uk

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