China's Construction Machinery Manufacturing Enterprises In The Middle East Market Opportunities,

China's Construction Machinery Manufacturing Enterprises In The Middle East Market Opportunities

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Recently, a domestic Construction Machinery Manufacturing enterprises in the Middle East, responsible people I respect, in 2009 the company's machinery exports to the UAE was significantly reduced, and now to complete the order before the main. There are some companies reluctant to do nothing and die in Dubai, began looking for opportunities to neighboring countries. The more companies affected by the extent of the current select tight-lipped.

Recent years, the Middle East is an international competition in the focus of construction machinery industry, engineering machinery enterprises in China is the focus of overseas strategy. A total of more than 2100 in the Middle East and the proposed construction project, the total value of up to 1.2 trillion. The next 5 years, the region's growing demand for engineering and construction machinery will be more than 20%. Caterpillar, Elephant, Liebherr, Komatsu and other top companies have gold in Dubai, a show of strength. Chinese engineering machinery enterprises have grown larger, its products are everywhere in Dubai. Some products are to follow the success of the project into the Chinese companies involved in construction in Dubai, some of them are exported to the Dubai market alone.

Now, however, the debt crisis of sudden Dubai, directly affected the whole world Financial , Investment, stock market, and many other areas, China's construction machinery enterprises can not stay.

Port Crane Zhenhua Heavy Industries, the manufacturer had in December 2008, with a subsidiary of Dubai World Group, signed a contract of 87 container cranes, totaling approximately 343 million U.S. dollars, agreed in 2009 to 2010 delivered by the first quarter, thus becoming the crisis, those most directly affected. In addition, construction engineering machinery downstream business??? Chinese architecture in the UAE with 16 projects, the contract amounting to approximately 1.4 billion. November 27, 2009 subject to "Dubai panic" of the stock market setback. Notice issued to clarify the rapid construction in China, said the company is now with the Dubai World Group, there is no business relationship, companies in the UAE business is not affected. China Railway Construction also said its subsidiary companies to participate in projects in Dubai, construction is located in the outskirts of Dubai, Dubai Sports City, the contract amount of 300 million yuan, preliminary statistics, these items were affected by the crisis is very small, and these projects There are advances. However, the extent of the specific impact, the company said still needs further verification.

XCMG Middle East is the most mature, is one of the fastest growing markets. It is understood that during the period 2004 to 2006, Xuzhou Construction Machinery Group exported to the Middle East were more than 400 million U.S. dollars in engineering and construction machinery and equipment. The face of huge market demand, in 2007, the Group invested 15 million U.S. dollars in Dubai to establish a regional logistics and technical support center, covering 20,000 square meters.

Present, Zoomlion Of the United tower crane, cranes and concrete pumps and other products for increasing the trust of the Middle East construction contractor. In 2005, the company started production of concrete pump products exported UAE. April 2007, Zoomlion 3 million U.S. dollars investment in the establishment of the Gulf in Dubai, UAE branch in Dubai in November the same year built 4000 square meters of product parts Center warehouse, after sales service for overseas markets to support the effective promotion of the product export. Since then, the company in the Middle East Sell Increased from approximately 2004 to 1.5 million U.S. dollars jumped to 2008, nearly 50 million U.S. dollars.

Sany Dubai to seize the Middle East transit point. According to reports, 31 regional exports to the Middle East, North Africa, the main Russian regions, the Middle East accounted for more than 20% of exports. 2008, Liugong Wang Xiaohua said the head of Saudi Arabia has conducted several rounds of negotiations dealers. It is understood Liugong Excavator Has been successfully into Oceania, South Asia, Middle East, Africa and other regions, but no further news.

The Dubai economic crisis, on the domestic construction machinery giant's business in the region will have what effect, deserves further attention.

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