XCMG launches Thailand subsidiary

Growing demand for construction equipment in Thailand has led XCMG, one of China’s biggest construction equipment manufacturers, to establish a subsidiary in the country. XCMG Thailand has been launched just as new major infrastructure projects are getting underway. These include double-track railways, the BTS route extension, as well as some highway, airport, and wharf expansions. A company spokesman said: “It is expected that in the next few years in Thailand there will be 10% annual growth for the const

March 18, 2015 Read time: 1 min

The recent ceremony marking the establishment of XCMG Thailand

Growing demand for construction equipment in Thailand has led 7340 XCMG, one of China’s biggest construction equipment manufacturers, to establish a subsidiary in the country.

XCMG Thailand has been launched just as new major infrastructure projects are getting underway. These include double-track railways, the BTS route extension, as well as some highway, airport, and wharf expansions.

A company spokesman said: “It is expected that in the next few years in Thailand there will be 10% annual growth for the construction industry, and thus a growing demand for imported construction machines. This is positive news for XCMG who is trying to develop her Thailand market. Certainly, it will stimulate its sales in Thailand.”

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XCMG working to become a big presence in African market

XCMG has spoken of how the company has established a strong presence in the African market over recent years, and some of its ongoing projects in the continent.

According to customs statistics, the major Chinese construction equipment manufacturer exported over US$200 million worth of products to Africa in 2013. The group posted $170 million in export value in 2014, and nearly US$90 million in the first half of 2015, positioning it as the largest Chinese exporter to the market.

XCMG has established