Shantui ships third part of 152-unit Cuba order

8013 Shantui recently successfully shipped the third part of a 152-unit, USD$14 million order to Cuba. Part of an agreement signed in December 2012, 52 units of machinery were sent from the Chinese port of Tianjin to Cuba’s Ministry of Agriculture, to be used on rural development projects. The shipment consisted of a broad range of machinery, such as bulldozers, graders, wheeled loaders, excavators, forklifts, road machinery, and more.

Jointly financed by Cuba’s Ministry of Finance and the Export-Import Bank of China, the project aims to develop Cuba’s rice production. After what have been described as multiple rounds of intense negotiations between Shantui’s sales staff and the Ministry of Agriculture, Shantui was granted the honour of being the sole supplier of heavy machinery to the project. Shipments began in December of 2013, with another in June of 2014. This deal cements the presence of the Chinese construction equipment manufacturing brand in not only Cuba, but throughout Central and South America as well.