XCMG launches operation in Kazakhstan

By Mike Hayes27 July 2017

Chinese manufacturer XCMG has opened a new operation in Kazakhstan.

Xcmg kazakhstan

The official launch of XCMG XiuGong Kazakhstan

The launch ceremony for XCMG XuGong Kazakhstan, in the city of Almaty, was attended by senior XCMG executives - including the firm’s president, Wang Min and assistant president, Liu Jiansen - as well as the Consul-general of China’s consulate in Almaty, Miao Hongbo.

In his speech, Mr Miao spoke of the rapid growth of the construction industry in Kazakhstan, since the establishment of a bilateral relationship with China, some 25 years ago.

He cited China’s One Belt, One Road initiative, as well as the joint Path of Light economic policy, as significant reasons behind the growing number of projects in Kazakhstan.

In his address, Mr Wang said he saw Kazakhstan as a “bridge connecting Eurasia” and one of the most crucial global markets of XCMG. 

3x2 template med res

XCMG President Wang Min delivers keynote address

The initial aim of the  Kazakhstan operation will be to function as a ‘one-stop-shop’ for local customers, facilitating the sustainable development of XCMG in the country.

Mr Wang said developments in the country would create a solid foundation from which the firm’s operations could radiate out through central Asia.

According to XCMG’s figures, it already ranks as the leading manufacturer in Kazakhstan, with market share of over 80%.

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, World Crane Week Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Long Reads
Top 5 private equity rental acquisitions 2021
We pick out five prominent acquisitions that have occurred throughout the year
Top 10 tower crane companies 2021
Who are the new entrants and which firms head up International Cranes and Specialized Transport magazine’s annual list of the world’s largest tower crane-owning companies?
Detailing North America’s latest breakbulk projects
Wind components, vessels and modules, ACT rounds up several significant breakbulk cargo projects.
CONNECT WITH THE TEAM
Alex Dahm Editor, International Cranes and Specialized Transport Tel: +44(0) 1892 786 206 E-mail: alex.dahm@khl.com
Mike Posener Sales Manager Tel: +353 860 431 219 E-mail: mike.posener@khl.com
CONNECT WITH SOCIAL MEDIA