The forecast for massive government spending on infrastructure in 2013 set to boost new GENAVCO and SHANTUI partnership
- United Arab Emirates: Wednesday, December 19 - 2012 at 13:42
- PRESS RELEASE
As the Dubai economy begins to take off again, so has GENAVCO's new relationship with Chinese construction machinery company, SHANTUI L.L.C. Following the signing of their long-term distributorship agreement in early November, the formidable partnership that was created, has quickly reaped huge interest for the respective companies and for the local construction market, with high levels of interest in SHANTUI's renowned earth-moving equipment.
"And we are even more upbeat about the future with the revelation that three in four industry figures believe that project spending in the Middle East will increase next year," he adds. "According to a PWC survey , issued this month, the UAE is tipped to invest the most and massive government spending on infrastructure will be at the heart of the investment. SHANTUI's line up has complemented our extensive product range and enhanced our ability to provide an even more comprehensive range of solutions to our clients in the road construction, quarry & mining industries."
GENAVCO's (General Navigation & Commerce Company) is a flagship company of Juma Al Majid Group and one of the leading supplier companies of construction, industrial and quarry equipment in the UAE, while SHANTUI bulldozers comprise 65 per cent of the China market. Their reputation for quality and effectiveness is demonstrated by the fact that they have been the number one producer of bulldozers in the world for the last three years.
Mr. Asif Sayeed Khan, Equipment Division Manager at GENAVCO says, "The prime objective of GENAVCO and SHANTUI is to provide quality products backed by professional sales and after-sales support to meet and exceed customers' expectations in the UAE construction industry".
SHANTUI is known to be the 'king of the hill' producer and seller of bulldozers, along with a range of construction equipment, which shall be brought to the region through GENAVCO. The 'excavator' is another exciting product from SHANTUI, in the 6 Tons to 40 Tons class, which is at its best in the market, having an excellent component line like Cummins Engine, Kawasaki Hydraulics etc. at an attractive price.
Several models of construction models were unveiled at a Chinese themed event that took place last night at the Inter-Continental Hotel, Dubai Festival City, to officially commemorate the launch of GENAVCO's partnership with SHANTUI. The evening was hosted by GENAVCO and attended by officials from both companies as well as 250 local, regional and international industry guests.
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