Doosan Infracore Signs Contracts to Sell Over 220 Construction Equipment Units in Emerging Markets This Year

[Asia Economy Reporter Jeong Hyunjin] Doosan Infracore announced on the 8th that it has signed contracts for the sale of a total of 221 construction equipment units in Asia, the Middle East, Africa, and Latin America this year.

Looking at the orders received this year, first, the local construction company awarded the contract for the expansion of the third runway at Hong Kong International Airport placed an order for a total of 50 medium and large excavators, including 30 units of the DX340LC model and 20 units of the DX480LC model. In Thailand and Vietnam, orders were received for a total of 38 excavators and wheel loaders from mining development and civil engineering companies, and 20 mini excavators from a dairy company.

In the Middle East region, on the 25th of last month, a contract was signed for a total of 27 excavators and wheel loaders from a mining company located in Oman. Doosan Infracore explained that after successfully delivering contracts last year to Saudi Arabia (September, 10 units of 50-ton large excavators), Turkey (October, 54 excavators), and Qatar (December, 35 excavators), contracts in the Middle East region have continued this year as well.

In Africa, on the 23rd of last month, a contract was signed for a total of 35 excavators and wheel loaders from a local company in Morocco. The contracting company is a large construction firm actively operating in northern and western Africa and is one of the major customers owning more than 300 Doosan Infracore equipment units. In Egypt, 35 wheel loaders were ordered for various agricultural projects led by government departments.

Additionally, Doosan Infracore announced that last month it received orders for a total of 16 excavators and wheel loaders from local construction and rental companies in Colombia.

Jung Kwanhee, Executive Director of Emerging Markets Sales at Doosan Infracore, said, "This achievement is the result of efforts to nurture dealers and pioneer markets despite the market downturn caused by the spread of COVID-19," adding, "Building on this success, we will accelerate efforts to enhance brand image in emerging markets and expand sales volume and market share in line with market recovery."

This content was produced with the assistance of AI translation services.