June 10, 2021

Doosan Infracore wins big orders from Middle East, Africa

categories : finance & economy

Leading building equipment maker Doosan Infracore has announced that it has secured orders to deliver a total of 221 construction machines in key markets including the Middle East, Africa, Asia and Latin America this year.

In the Middle East, Doosan Infracore won an order for supply of 27 excavators and wheel loaders to a mining company in Oman in addition to a major contract to deliver 35 excavators to a large construction company in Qatar and also to provide 54 machines to a Turkish equipment rental company.

Another big order in the Middle East for Doosan Infracore came from a construction company in Saudi Arabia for supply of 10 large 50-tonne excavators.

The building equipment maker also continued to win orders in North Africa by clinching a deal for 35 excavators and wheel loaders for a Moroccan company.

The local company that signed the contract is a large construction company that is actively conducting business in Northern and Western Africa and is one of Doosan Infracore’s major customers owning more than 300 Doosan products.

Doosan Infracore also won an order for 35 wheel loaders for various agricultural projects led by a government department in Egypt. This government department currently owns more than 100 Doosan construction machines.

In Asia, the company won an order for a total of 50 mid- to large-sized excavators, including 30 DX340LC and 20 DX480LC models, from a local construction company that won the runway expansion project for Hong Kong International Airport.

In Thailand, Doosan Infracore signed a large supply contract for a total of 38 excavators and wheel loaders for a mine development and civil construction company that had previously used products from the company’s competitors.

Doosan Infracore has continued its business expansion in Asia by winning another order for 20 mini-excavators from a dairy company in Vietnam.

Doosan Infracore is securing more large customers across Africa, having received an order for 20 excavators to be used in gold mines from a mining company in Ghana.

Elsewhere, Doosan Infracore is actively penetrating the Latin American market. It has received orders for a total of 16 excavators and wheel loaders from construction and rental companies in Colombia.

'The new orders are the result of our efforts to foster dealers and develop the market even in the midst of the market slump caused by the spread of Covid-19,' stated Jeong Kwan-hee, Managing Director for sales in emerging markets at Doosan Infracore.

'We plan to accelerate our efforts to enhance our brand image in emerging markets and expand sales volume and market share accordingly as the market situation improves,' he added.

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