XCMG has returned from Intermat ASEAN 2017 (Intermat) in Bangkok, Thailand with intentional orders contractors, governments and development agencies with a combined value of nearly $ 100 million, representing further market outreach in the Southeast Asian market.
The only Chinese construction machinery manufacturer invited to exhibit at Intermat, XCMG impressed new and potential clients from around the world with its latest products and the company’s gold standard commitment of ‘Advanced and Endurable’.
Hu Xiangyang, Vice General Manager of XCMG Import & Export, spoke at Intermat's opening ceremony about XCMG's deep roots in the Thai market as well as the new prospects presented by China's Belt and Road Initiative (B&R), a Chinese government development strategy launched three years ago, to create a new ‘Silk Road’ that connects countries across Asia and Africa.
“The B&R has already helped to produce great results in Thailand with the Thai government’s recently increased investment in infrastructure construction bringing new opportunities for construction machinery manufacturers. In addition to further growing the market shares of its mining trucks, loaders, cranes and drilling rigs in Thailand, XCMG plans to bring more products that can support major infrastructure projects like the China-Thailand railway, urban light rail and airport expansion,” he said.