China's construction machinery equipment is expected to enter the Israeli market

It is understood that Israel’s MacHShirei Tnua is in talks with Guangxi Liugong [25.06 4.07%] Machinery CO., Ltd. to negotiate the introduction of Liugong’s bulldozers and other heavy-duty mechanical engineering equipment. The senior executives of Liugong Machinery Co., Ltd. visited Israel in the near future. Negotiated the signing of the cooperation agreement. If the parties reach an agreement, Liugong products will be expected to enter the Israeli market in the near future. This will also be the first time for China to export heavy construction machinery and equipment.

Israel's Machshirei Tnua is an importer of Suzuki, Chrysler Automotive, and Hyundai, Japan Komatsu heavy machinery. According to the “Ha’aretz”, the company’s business center is turning to importing Chinese tractors and other mechanical products.