JUNEASIA BUSINESS OUTLOOK9Scania, Swedish truck maker, plans to establish a facility that will cost 2 billion (or, US$2.28 billion) in Rugao, Jiangsu province, China, by October. Scania CEO Christian Levin indicated that this will be the company's third manufacturing base globally, following Sweden and Brazil.Overall, Levin noted that the Chinese facility will be able to produce up to 50,000 vehicles per year - nearly double the Brazilian facility's production in 2024. Levin noted that more demand for parts and equipment from South America could be stimulated with the movement of Scania towards the fast-moving transport technology of China.At the same time, Scania is preparing to commence a new investment cycle in Brazil worth US$350 million, starting in January 2024 and continuing until 2028. The investment will be focused on the development of clean transport innovations, including electrification, specifically at its hub in São Paulo. The multi-region production strategy where Scania sells the same products and solutions from Europe and South America has helped Scania to become stronger in those markets. In addition, Scania's lack of a strong presence in Asia has presented some logistical concerns related to delivery times to customers.Levin mentioned that he continues to be concerned about trade tensions in the world with the U.S. however, he is optimistic about the Mercosur-EU trade agreement which may further enable Scania to be competitive in Latin America. Qatar Airways has placed a record order for up to 210 widebody aircraft from Boeing, bringing the largest single widebody deal in the U.S. aerospace colossus's history.This huge agreement includes a blend of Boeing 787 Dreamliners and 777-9 aircraft, and represents Qatar Airways' most noteworthy navy investment. The deal is expected to create nearly 400,000 job opportunities across the United States.U.S. President Donald J. Trump and Qatar's Amir, Sheikh Tamim bin Hamad Al Thani, along with top executives including Boeing CEO Kelly Ortberg, Boeing Commercial Airplanes CEO Stephanie Pope, and Qatar Airways Group CEO Engr Badr Mohammed Al-Meer were attended the signing ceremony.Al-Meer said, "This order marks a pivotal step in our growth journey, and we are investing in efficiency, sustainability, and premium service ensuring our fleet continues to set global standards in aviation."Stephanie Pope praised the deal as a consideration of Qatar Airways' leadership and long-term vision. She stated, "Their confidence in Boeing's next-generation aircraft reinforces our strong partnership and shared commitment to innovation."Presently, Qatar Airways operates more than 150 Boeing aircraft, including both 777s and 787s for passengers and goods. Once this order is achieved, the airline will become the largest Dreamliner operator in the Middle East.The Doha-based carrier is globally known for its exceptional service quality, having made Skytrax's World's Best Airline title for a record eighth time in 2024. It is also famous for its award-winning business class, premium lounges, and distinction across 170-plus destinations through its hub at Hamad International Airport.For Boeing, the deal is a breakthrough that affirms its leadership in aerospace manufacturing. With clients in over 150 countries, Boeing remains a foundation of U.S. exports, committed to innovation, economic development, and supportable aviation practices. SCANIA TO LAUNCH EURO 2 BILLION CHINA FACTORY, EYES ASIAN EXPANSIONQATAR AIRWAYS SIGNS LANDMARK AGREEMENT FOR 210 BOEING WIDE-BODY JETSNEWSROOM· Scania to open 2 billion truck plant in China by October, its third global production hub.· New Chinese facility to reach 50,000 vehicle capacity, boosting demand for South American parts.· US$350 million to be invested in Brazil for clean transport and electrification through 2028.· Qatar Airways places record order for 210 Boeing widebody jets· Deal expected to create nearly 400,000 U.S. jobs· Boeing strengthens global leadership in aerospace innovation
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