Allocated 70 units for a Steel Plant construction project in Davao, Philippines
Having secured a batch of national and external equipment orders from well-known domestic steel company Panhua Group, more than 70 units have already been allocated for a steel plant construction project in Davao, Philippines. The project, led by the Chongqing Municipal Government, focuses on building over the “One Belt, One Road” and “Go Out” policies, allowing Zoomlion to lay a solid foundation to further increase overseas exports in 2021. Panhua Group will invest $3.5 billion to build the first 10 million-ton-level all-inclusive steel plant in the Philippines, forming a 100-billion-level Industrial Park.