Doosan Infracore Signs Contract with Egyptian Ministry of Defense for 28 Units of 36t Excavators

A Total of 137 Construction Equipment Units Sold This Year Alone

Doosan Infracore has received an order from the Egyptian Ministry of Defense for the latest 36-ton class excavator model.
[Photo by Doosan Infracore]

[Asia Economy Reporter Kim Heung-soon] Doosan Infracore, a construction equipment subsidiary of Hyundai Heavy Industries Group, announced on the 5th that it recently signed a contract with the Egyptian Ministry of Defense to sell a total of 28 units of 36-ton large excavators.

The total construction equipment sold by Doosan Infracore to Egypt this year has increased to 137 units, which is a 32% increase compared to the same period last year. The equipment contracted this time is scheduled to be deployed in the new administrative capital of Egypt and the metro construction project between Cairo and the new capital.

As additional contract inquiries continue in Egypt, the company explained that it expects to sell about 250 units this year, an increase of approximately 50% compared to last year.

A Doosan Infracore official said, "Since government-led projects account for more than 50% of the Egyptian construction machinery market, trust with government departments is very important," adding, "We plan to continuously build trust with advanced technology and quality to increase market share."

The African construction equipment market, including Egypt, is growing by about 28% year-on-year due to rising raw material prices and market recovery following economic stimulus. Doosan Infracore revealed its plan to actively target this market and achieve a sales increase of more than 33% compared to the previous year.

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