XCMG Set Up KD Factory in Nigeria
Recently, XCMG has launched the project of constructing a heavy truck KD factory in Nigeria, which is expected to be completed and put into use in June 2020, with an annual output up to 4,000 units.
n order to further go abroad, XCMG has been seeking cooperation with strong companies with overseas management experience and foundation to establish KD factories while continuously enhancing exports.
In August 2019, XCMG signed a strategic cooperation agreement with China National Building Materials Group Co., Ltd. to further promote cooperation. At present, XCMG has reached a framework agreement with Sinoma International Engineering Co., Ltd. on a joint venture in Nigeria.
As China’s largest and the world's leading comprehensive building materials industry group, China National Building Materials Group Co., Ltd. has taken the lead in the global cement industry and ranked among the top 500 in the world for eight consecutive years.
The cooperation between XCMG and China National Building Materials Group Co., Ltd. can not only quickly guarantee the standard operation of KD factories, form a joint force to shape competitive advantages, but also effectively avoid the risks of overseas operation and achieve a win-win situation. It is also a model demonstration that Chinese enterprises follow the “Road and Belt” initiative and work together to go overseas.
Reach out to West Africa to cover key markets with “strategic forces”
Africa is one of the largest export markets for China's commercial vehicle industry, and Nigeria, as Africa's largest economy, is the economic engine of the western continent, with huge market, rich natural resources, stable political situation, and sound legal system, making it a “promised land” for investing in Africa. Since the current infrastructure in Nigeria is incomplete, leading to high logistics and transportation costs, the demand for commercial vehicles increases.
XCMG spreads the China strength across the world. XCMG took the lead in exploring the model of local assembly and established a KD factory in Nigeria, with a view to gradually radiating and covering other key regions.
Global thinking requires localized actions. XCMG, focusing on local characteristics, and based on the classic model design, developed series of products such as the “African Star” off-road dump trucks, road dump trucks, tractors, trucks and mixer trucks targeting the operating conditions in Africa. The series of products, characterized by “high cost performance” of mainstream models in Africa, have been widely recognized by customers for their reliability, fuel economy, and super bearing capacity. They have been sold in batches in 34 countries in sub-Saharan Africa.
After the completion of the KD factory in Nigeria, the marketing and after-sales services supporting the products will also follow up rapidly. It is expected that XCMG will more rapidly respond to the end markets and customer needs, and it will be closer to users and ultimately increase customer satisfaction.
Carry forward the China brand with “XCMG golden standard” along the “Road and Belt”
At present, XCMG products have been sold to 183 countries and regions, and 5 overseas R & D centers, 15 overseas manufacturing bases, and KD factories have been established globally. The products have been exported to 63 countries and regions along the “Belt and Road”, with the exports accounting for 70% of the total export value of XCMG. Currently, XCMG products have had the largest export share in 30 countries along the “Belt and Road” and more than 50% in Kazakhstan, Uzbekistan, Philippines, Pakistan and other countries.
Construction of the 2022 World Cup stadium
12 courts in 7 cities in Qatar
XCMG 660 complete sets of equipment participate in the construction of the new town and the World Cup stadium in Lusail, Qatar
Mombasa-Nairobi Railway in Kenya
This 480-km railway is designed and constructed with the primary standard of China Railway
XCMG 198 units of equipment participated in the construction of railway project
XCMG exports more than 20 categories of products and nearly a thousand sets of equipment for the DANGOTE refinery project in Nigeria.
XCMG equipment, with its steel giant arm, plays an important role in the construction of the main stadium of Qatar 2022 World Cup, Mombasa-Nairobi Railway in Kenya with a total length of 480 kilometers, Africa’s largest DANGOTE petroleum refinery project, 5000-km Southeast Asia corridor of Pan-Asian railway, highways, railways, ports, power facilities and other projects on China-Pakistan Economic Corridor, and the Philippines oil refinery along the “Belt and Road” and in the world.
Africa returned to its highlight moments in the face of challenges and risks. XCMG will be more deeply involved in the construction of Africa’s infrastructure and logistics, and spare no effort to reach out to the construction equipment markets along the “Belt and Road” and across the world, thus accelerating the strategic goal of increasing the proportion of overseas revenue to 50%, and shaping up to be a world-class group.
Views:0
- China’s First Mining Specialized Remote Sensing Satellite Launched 2023-07-25
- Top 10 Best-selling Battery-swapping Heavy Trucks in China in April 2023-06-13
- CONEXPO-CON/AGG 2023: XCMG Showcased Two Wide-Body Mining Dumpers 2023-03-21
- XCMG Announces Entry into Light Truck Sector, Aims to Sell 10,000 Units in 2023 2022-12-29
- 10 XCMG XPT70E Electric Offset Tractors Were Delivered 2022-12-23
- XCMG Selected as World's 500 Most Influential Brands for 4 Consecutive Years 2022-12-23
- XCMG Delivered 100 hydrogen-fueled heavy trucks to Sinosynergypower 2022-12-14
- XCMG Presents Its New Energy Products at Fiedays in New Zealand 2022-12-08
- Construction Machinery Trade Fair BAUMA 2022 Opens in Munich, Germany 2022-10-31
- XCMG Names Allison as Exclusive Provider of Transmission for All-Terrain Crane 2022-10-25
Submit Your Requirements, We Are Always At Your Service.
- World’s First All-electric Scania Car Transporter Goes into Service
- China’s First Mining Specialized Remote Sensing Satellite Launched
- SINOTRUK Delivers Full Year 2022 Results, Heavy Truck Sales Down 52.50%
- FOTON and Cummins Team up to Build a New Engine Plant in Thailand
- SANY Awarded as 2022 Forbes China TOP 50 Sustainable DEV Industrial Enterprises
- Daimler Trucks and Buses Signs Deal with XCMG Fire Fighting
- FAW Jiefang Sichuan Branch Was Officially Established
- Bus & Truck Expo Set to be Held in May 2023
- Yutong, SCG Signed MoU for Green Mining in Thailand
- CAT Displays Its First Battery Electric Large Mining Truck
- Half Year Review of Commercial Vehicle Sales
- China Exported 63,000 Trucks in May, Up 33% YoY
- Top 10 Best-selling Battery-swapping Heavy Trucks in China in April
- China Exported 158,000 Trucks in Q1, Up 41% YoY
- China’s Truck Exports Grew by 43.8% YoY to 46600 Units in Feb., 2023
- China’s Heavy Truck Sales Rising 29% YOY to 77200 in Feb
- China Exports 567,000 Trucks in 2022, Hitting a New High in a Decade
- China’s Pickup Exports Jumped 65% YOY in 2022
- China's Truck Exports Grew by 42% YOY to 53,000 Units in November
- Heavy Truck Sales in China Fell by 9% YoY to 46000 Units in Nov.