XCMG mechanical equipment Engineering (Thailand) Co., Ltd. was formally established       

Recently, XCMG mechanical equipment Engineering (Thailand) Co., Ltd. opened grandly. The establishment of the company will provide favorable conditions for the development of XCMG in the local market.

The company was founded at the beginning of the development to the construction machinery market in Thailand, have signed a strategic cooperation agreement with strategic partners, have to undertake the project in Thailand XCMG equipment priority.

In Thailand, only a few Japanese made commercial import parts for excavator assembly, so more than 90% of construction machinery imported from Thailand. Although China Construction machinery company has made some achievements in Thailand, it has not really become a climate. XCMG moves to set up subsidiaries in Thailand to seize the Thailand market is a strategic consideration, but also an accurate grasp of the timing. Thailand as a Southeast Asian country, the purchasing power is not strong, so it is very difficult for Chinese companies to directly sell large construction machinery and equipment. Xugong machinery and equipment Engineering (Thailand) Co., Ltd. in view of this situation, formulate the corresponding market policy, combined with strategic partners in Thailand advantage, believe in the future will be able to re shuffle within a period of time to promote the Thailand engineering machinery and equipment industry.

In 2015, Thailand major infrastructure projects have been launched, BTS, double track railway line expansion, highway, airport, dock expansion plan, the Thailand engineering machinery demand surge. Thailand construction industry is expected to achieve an average annual growth of 10% in the next few years, so the construction machinery market and import scale will also achieve corresponding growth. This is a good news for the development of XCMG in Thailand market, and will better carry out the sales of XCMG equipment in Thailand.

At present, XCMG has been throughout the world, in 2015, the major branches will continue to force, and strive to surpass themselves, and achieved good sales performance.