Home > Overseas Investment News > Ukraine Seeks Chinese Investment to Revive the World's Biggest Plane
Ukraine Seeks Chinese Investment to Revive the World's Biggest Plane
2016-09-08
Brief:Kiev wants to attract $500 million of investment from China to complete an updated version of the world's biggest aircraft AN-225 Mriya (‘Dream’).
 
An Antonov An-225 Mriya (Dream) cargo plane is seen on the tarmac of the
Antonov aircraft plant in the village of Gostomel, outside Kiev, Ukraine. 
 
Kiev wants to attract $500 million of investment from China to complete an updated version of the world's biggest aircraft AN-225 Mriya (‘Dream’), the president of manufacturer Antonov told.
 
The cargo plane was developed in the former Soviet Union in the 1980s and was initially designed as a carrier for the Soviet Buran (Snowstorm) space shuttle. The only example completed is still in use. With a capacity of 250 tons the plane weighs 640 tons on takeoff.
 
Work on building a second plane started in 1988 but has never been completed.
 
Antonov’s deputy head said in May that Ukraine had been considering starting joint manufacturing with China and was planning to invite Chinese investors to the project.
 
On August 30, Antonov and China’s Aerospace Industry Corporation signed a cooperation agreement which will pave the way for serial production of the AN-225 in China.
 
Antonov President Oleksandr Kotsiuba said it could take about five years to complete the aircraft once a contract between the two sides is signed.

RT

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