By IANS,
Beijing : The US will transfer all industrial properties and patented technologies of the FH1100 helicopter series to China.
An agreement to this effect was signed by the US-China Capital Inc, China Helicopter Industry Development Association (CHIDA) and the US Van Nevel helicopter company, People’s Daily reported Tuessday.
The FH1100 helicopter series to be introduced into China is civil helicopter series widely used all over the world.
“In the US, the price of a basic-mode FH11000 helicopter is $1.35 million. But after it is put into production in China, the price will be reduced by 20 percent at least,” said Xu Changdong, the director of the CHIDA.
Xu said the Chinese side and the Van Nevel company were looking for a suitable production base to accommodate the entire production line of the FH1100 helicopter series.
This will lower the high price of the imported turbo-copters, the report said.
According to the plan, China will realize the goal to produce first FH 1100 helicopter within two years and then gradually realize the goal of producing 300 FH1100 helicopters annually.
The FH1100 helicopters produced in China will be used in various areas, including the public security, fire control, agriculture and medical service, the report said.