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Axial Vector Energy Corp. (AXVC.PK) to Develop Strategic Plan for Penetration into China
QualityStocks (October 7th, 2009) Writes:
Axial Vector Energy Corp. announced earlier this morning that it is planning to expand aggressively into China. The company has engaged Evotech Management Corporation (”EMC”), a global strategic management consulting and merchant banking firm, to develop a comprehensive plan and assist with the expansion.
AVEC believes its next generation energy technologies have unlimited potential in industrial and commercial energy-related applications and are best suited to address China’s need for energy efficient technology. “The fact that AVEC’s products and technologies provide a green foot print is ideal for China’s new trend toward greentech,” stated Basilio Chen, Chairman and Managing Partner of EMC. China greentech markets are predicted to reach 15% of its GDP by 2013 according to the China Greentech Initiative.
“This is a market that AVEC’s green energy technology is naturally suited with a competitive edge and is a huge opportunity we intend
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