Xiamen in Indonesia to carry out excavator rental project

In the global view, the rental market of construction machinery is still in development, with the internationalization of the excavator Xiagong business expansion, now also will enter the Indonesia market, enhance their competitiveness in the local.

It is reported that, as Xiamen docking state The Belt and Road construction of key projects, Xiamen Engineering shares in Indonesia will carry out the construction machinery leasing business, Xiamen Engineering shares excavator leasing projects will be entered the Indonesian market, participate in the MP3EI project in indonesia.

This business driven, demand growth is expected to continue to Xiamen Engineering shares of excavator 300-500 around Taiwan in the next 2-3 years.

The company has set up an assembly plant in Pakistan and laid a good foundation to cater for the construction along the way and the free trade area of Fujian.

In addition there are civil military integration concept, AVIC Xiamen Engineering shares shares.

State Securities believes that the construction machinery industry or there are still large market holdings, overcapacity, competition and other issues, the market reshuffle and survival of the fittest pattern is difficult to avoid. The company's main business loader market share in the forefront of the industry, large-scale effects appear. It is expected that with the capital investment at home and abroad to pick up, the company's main business sales will also be stabilized as the market demand for construction machinery as a whole.

The Xiagong excavator to enter the Indonesia market, not only reflects the market competitiveness of the powerful development potential of Xiagong excavator, will drive the leasing business in the world, and the future possibilities, however, has made the best choice.