Al Mulla seals partnership deal with Chinese construction group
KUWAIT CITY, December 8, 2019
Al Mulla Group, a leading diversified privately-held business group based in Kuwait, has signed an partnership agreement with China's Xuzhou Construction Machinery Group (XCMG).
XCMG offers a full range of portfolios in the construction machinery industry, with complete integrated solutions for all construction projects, including civil and commercial buildings, infrastructure, mining, and roads.
It is ranked 65th in the list of China's Top 500 Companies, 44th in the list of China's Top 100 Manufacturing Enterprises, and fourth in the list of China's Top 100 Machinery Manufacturers.
A major regional player with operations in eight countries, Al Mulla said as per tthe deal, one of its subsidiaries, Gulf Trading Group will be the sole distributor of all its products and services in Kuwait.
The agreement was signed by Group CEO Talal Anwar Al Mulla in the presence of Dr Jiansen LIU, vice-president of XCMG, and Counselor Yongru Cheng, Economic and Commercial Counselor at the Embassy of the People’s Republic of China in Kuwait besides board members of Al Mulla Group.
On the partnership, Al Mulla said: "It enables us to support the ambitious development plans in Kuwait. It will also extend our capability to provide advanced, high-quality machinery and services to civil construction, infrastructure, and mega projects."
“Our partnership with XCMG is built upon common goals and shared values. We are both driven by innovation and we both give utmost importance to excellence in product quality, customer experience, and sales services,” stated Al Mulla.
XCMG is the largest manufacturer of construction machinery in China and the sixth largest construction machinery company in the world.
Its products fall in three traditional categories: hoisting machinery, earth-moving machinery, and road construction machinery; in addition to seven newly launched categories: excavation, heavy trucks, sanitation, concrete, piling, mining equipment, and aerial fire-fighting machinery.
Dr Liu expressed delight at the beginning of the partnership with Al Mulla Group, which is a leading company with a long history and a great reputation in Kuwait."
"We are confident that this alliance will help us expand the presence of XCMG products in the Kuwaiti market and boost customers’ trust in the superior quality of our advanced machinery and services," he added.-TradeArabia News Service