On September 10th, 2015, the executive team of Pacific Aerospace Resources and Technologies (PART) traveled to Yinchuan, China to attend the China-Arab State Expo 2015. Top Leaders from China and the Arabian countries were present at the Expo.
On behalf of PART, Chairman of the Board David Green entered a Strategic Cooperation Agreement with the Management Committee of Yinchuan Free Trade Zone. The agreement is to assist the Yinchuan creating an aviation park that combines aircraft manufacture, repair and maintenance service, aircraft financial service and tourism, making Yinchuan area a leader in the aviation field in China by combining the uniqueness of the Arabian States influence and PART’s expertise in the field of aviation.
“We plan to introduce foreign and domestic aviation companies into the newly developed Aviation Park while utilizing both commercial and general aviation airports of Yinchuan to their fullest potential in a phased approach” commented by Janet Vincent, Managing Member of PART.
The first phase of this project will focus on the Fixed Based Operation, Aircraft and Engine Leasing, Engineering, Aircraft Parts Distribution and a Training Academy. Initial investment of the first phase will be US $500,000,000. The City government of Yinchuan agrees to build the infrastructure needed for the first phase.
Pacific Aerospace Resources and Technologies (known as PART), an ARC Aerospace Industries company, provides Aircraft Maintenance, Repair, and Overhaul services, aircraft modification, long term storage, disassembly, part distribution and aircraft recycling service in Victorville, California. Additional in-house capabilities include a composite and accessory shop, and level 3 NDT.
