19 July,2017
July 17, Tang Xiuguo, CEO of SANY Group signed Memorandum of Understanding (MOU) with Tan Sri Lim Hock San JP, Managing Director of LBS Bina Group Berhad (LBGB). According to the MOU, SANY and LBGB will set up a joint venture to push forward the prefabrication business in Malaysia.
It’s said that the LBGB plans to invest USD 7 to 9 billion to launch 15,000 units of houses with a total area of 4.8 million ㎡around Kuala Lumpur in the next five years. The first project will start this year and be built with precast concrete technology of the joint venture.
“SANY not only provides the most comprehensive construction machinery, but also covers precast concrete production, EPC contracting, real estate development and operation. With the cooperation, SANY will create more employment opportunities and deliver a quality and mature housing industrialization system to Malaysia,” Tang Xiuguo said.
“SANY is a leading company in PC design, manufacturing, installation and equipment, which will support the success of the joint company in the prefabrication industry. The cooperation with SANY is critical to the future development of LBGB,” Sri Lim Hock San JP pointed out.
The recent years have witnessed the rapid growth of SANY construction industry in Malaysia. March 21, 2017, SANY laid the foundation of its first PC factory in Terengganu, Malaysia. Equipped with advanced facilities, it will produce 50,000m³concrete per annum, significantly enhancing the construction quality and lowering the cost.
Tel : 0086-10-69739318
Global Sales Hotline
Tel : 0086-731-85835199
Time : Mon–Fri 8:00 AM -17:30 PM (We will contact you within 24 hours)
09 Mar,2017
04 Aug,2017
18 Sep,2017
20 Apr,2017
05 May,2017
05 May,2017
26 Apr,2017
30 Jun,2017
31 Mar,2017
15 May,2017
13 Mar,2017
17 Apr,2017