Doosan Infracore Wins Order for 102 Excavators in Qatar... "Largest Single Customer Order"

The DX340LCA-K excavator model, one of the units ordered by a major local construction company in Qatar from Doosan Infracore. (Photo by Doosan Infracore)

[Asia Economy Reporter Jeong Hyunjin] Doosan Infracore announced on the 25th that it has secured an order for 102 excavators from a major construction company in Qatar.

Doosan Infracore explained that this order accounts for 23% of last year's Qatar excavator market size (approximately 450 units) and is the largest volume secured from a single customer in the Qatar market.

The products to be supplied to the construction company include a total of 102 excavators across five models: 34-ton class, 30-ton class, and 21-ton class, along with 112 sets of attachments such as quick couplers and clamshell buckets. These machines will be deployed in a large-scale residential complex construction project in Lusail City, Qatar. The Lusail area is the host city for next year's World Cup and is undergoing infrastructure development including highways, tunnels, and large buildings.

Doosan Infracore expects to become the market leader in Qatar this year through this large-scale order. The Middle East construction equipment market is currently on an upward trend, and with the impact of rising oil prices expected to be reflected in the second half of the year, even greater growth than in the first half is anticipated. The restoration of diplomatic relations between the Gulf Cooperation Council (GCC) countries and Qatar, as well as the hosting of the Qatar World Cup next year, are also expected to positively influence the expansion of the construction equipment market.

In addition to the strong market in Saudi Arabia, Doosan Infracore stated that it aims to secure more than 10% market share in the Middle East this year by expanding sales activities in newly acquired dealer countries such as the UAE and Qatar. Jeong Gwanhee, Executive Director of Heavy BG Emerging Sales at Doosan Infracore, said, "The success factor was focusing on the medium-to-large excavator market of 30 tons and above, which was relatively small in the Qatar market, to lead latent demand," adding, "Based on this large-scale order, we will accelerate our efforts to capture the Middle East market and strengthen our market dominance."

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