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Doosan seals deals in emerging markets

Doosan Infracore has announced that it has signed contracts to deliver a total of 221 construction machines to countries in Asia, the Middle East, Africa and Latin America this year.

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Doosan seals deals in emerging markets

The company has taken an order for a total of 50 medium 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 said it has continued its business expansion in Asia by winning another order for 20 mini-excavators from a dairy company in Vietnam.

 

Orders have continued to be won in the Middle East as well. These include an order for 27 excavators and wheel loaders Doosan Infracore has received from a mining company in Oman.

 

The OEM has also won an impressive order to supply 35 excavators to a large construction company in Qatar and another to provide 54 machines to a Turkish equipment rental company. Another big order in the Middle East will provide 10 large 50t excavators for a construction company in Saudi Arabia.

 

The company has continued to win orders in North Africa. It has signed a contract 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 has 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.

 

Doosan Infracore said it 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, the firm 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,” said 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.”

 

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