PT.XCMG Group Indonesia Grand Opening

www.chinsapv.com: On May 30, 2017, the opening ceremony of XCMG Indonesia Company is held in WESTIN JAKARTA Hotel in Jakarta. The ribbon cutting is jointly done by Mr. Hu Xiaoxian, First Secretary of Economic and Commercial Counsellor's Office of the Embassy to Indonesia, Mr. Hu Xianng Yang, Vice General Manager of XCMG Import & Export, and Mr. Li Jincai, Chairman of XCMG’s Indonesia agency GMT.

Mr. Hu Xianng Yang, Vice General Manager of XCMG Import & Export, introduces XCMG’s 25 years of history in Indonesia. When explaining the strategic plan and market layout of XCMG Indonesia Company, Mr. Hu says the Company aims to provide customers with more perfect all-in-one experience together with local agency, to promote XCMG’s sustainable development in Indonesia partnering with sound support from local agency, hence laying a solid foundation for promoting XCMG’s brand in the whole Asia-Pacific area.

Indonesia, the biggest economy in Southeast Asia, a founding member of ASEAN and a member of G20, plays a key role in the politics and economic development in Southeast Asia. Indonesia is also an important market for XCMG’s internationalization. In the past two years, the export value increases dramatically with a rate over 100%. By the end of 2016, the market shares of XCMG’s loader, crane, rotary drilling rig, tower crane, and tunneler have been No.1 among Chinese brands.

Since entering Indonesia market, XCMG actively takes part in infrastructure construction and local projects in road, railway, power, airport and commercial architecture, such as the highest building INDONESIA-ONE, the largest thermal power station Java No.7 2.1050 coal-fired power generation, the tunnel construction of Jatigede Dam Project, Jakarta-Bandung high-speed rail, etc. The establishment of XCMG Indonesia Company will serve more as a supporter in promoting XCMG brand in Indonesia.

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