Milestone moment! Sany South Africa Industrial Park completed!

On November 19, the South African Industrial Park of Sany Group was completed in Johannesburg. The industrial park integrates manufacturing, logistics and talent centers, which will further contribute to the development and industrialization of South Africa's manufacturing industry.

The industrial park will start construction in 2023 and covers an area of 28,000 square meters, with an expected annual output of 1,000 excavators, which will radiate the entire African market.

Guo Ruiguang, vice president of Sany Group and chairman of the Africa Regional Business Unit, said at the completion ceremony that Sany Group was the first to start its global layout from Africa, and currently has sold more than $3 billion in equipment in Africa, and its service network has covered all African countries.

"This is not only an industrial park, but also a comprehensive platform integrating manufacturing, logistics and talent training, which will create more than 100 new jobs in the local area." Guo Ruiguang said.

South Africa's Deputy Minister of Employment and Labor, Judith Chabalala, expressed her appreciation for the completion of the industrial park, stating that the project reflects the confidence of Chinese enterprises in South Africa's economic prospects and their long-term commitment to the region.

"The most remarkable thing about this project is its investment in skill development and technology transfer. By training and upskilling the workforce, it will help South Africa develop a new generation of technicians and engineers. She said.

Qiu Zhongyi, Counselor of the Economic and Commercial Office of the Chinese Embassy in South Africa, said that over the years, Sany Group has developed from an equipment seller to a participant and contributor to South Africa's industrialization process.

Qiu Zhongyi said that South Africa is one of China's most important investment destinations in Africa, and Chinese enterprises create jobs, contribute tax revenue and create opportunities for common development between the two countries.

Source: Xinhua Finance