In addition, there are many companies such as China Yituo Group, Xi'an Dagang, Yutong Heavy Industry and Shantui that caught up with Angola's Daji Group. For a time, Angola became the “star†of Chinese construction machinery exports.
According to relevant sources, at present, Chinese enterprises are still in the initial stage of investment in Africa, and the total investment is only about 1 billion US dollars. However, China-Africa cooperation in the field of mutual investment has broad prospects. China-Africa energy cooperation has adopted a mutually beneficial and win-win model. Chinese companies have signed a cooperation agreement with Angola to provide Angola with funds, technology and equipment that are urgently needed by the National Reconstruction Institute to develop local petroleum resources, while Angola uses resources to reimburse Chinese companies.
The investment in Africa’s large-scale infrastructure construction undoubtedly brings unlimited business opportunities to Chinese construction machinery to expand into the African market. The Chinese construction contractors participating in the construction will use most of the domestically-affordable equipment, and contracting with the project “to go to sea†will also It has become one of the main methods for the export of construction machinery from China to Africa.
Tie Plate,Hook Twin Tie Plate,Railway Base Plate,Railway Steel Tie Plates
Anyang Railway Equipment CO.,Ltd , https://www.ayrailwayat.com