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Jumbo Jet signs US multi-million dollar contract with XCMG to import, distribute heavy-duty machinery
Kaieteur News – Jumbo Jet Auto Sales and Xuzhou Construction Machinery Group (XCMG), Brasil Industria LTDA last week signed a multi-million United States dollar Memorandum of Understanding (MoU) for the rights to exclusively import and distribute heavy-duty machinery manufactured by XCMG.
The MoU was signed on February 9, 2023 at the office of XCMG Brazil Industria LTDA, the South American headquarters of the XCMG Group in Districto Industrial Pouso Alegre, MG, Brazil.
Jumbo Jet in a statement said that the signing of the agreement paves the way for it to increase its capacity while providing various heavy-duty construction, mining, lifting equipment and machinery manufactured by XCMG.
Additionally, the XCMG Group and Jumbo Jet also signed an inaugural Purchase Order for the supply and delivery of 125 pieces of various construction equipment and machinery including amphibious excavators.
The multi-million United States dollar purchase was will see the first shipment arriving in Guyana in April. Jumbo Jet Auto Sales will provide full after sale service and maintenance with original parts manufactured by XCMG for all equipment, and machinery imported into Guyana.
Representatives of Jumbo Jet Auto Sales and XCMG Group at the signing of the MoU.
“Jumbo Jet Auto Sales is pleased to continue to play its part in the development and modernization of Guyana by providing construction and mining equipment and machinery of the highest quality, durability and reliability. This MOU with XCMG is the first of many major franchise deals that Jumbo Jet Auto Sales has earmarked for Guyana in the near future,” Jumbo Jet Auto Sales Group Director Nasrudeen ‘Junior’ Mohamed said of the venture.
He continued: “We will continue to play an integral role in providing heavy-duty equipment and specialized machinery to contractors in Guyana. In keeping with the ‘One Guyana’ vision, we are willing to work together with new contractors to boost their current capacity and build a better Guyana.”
Further, the businessman said that given the overwhelming demand for reliable heavy-duty equipment in Guyana, Jumbo Jet Auto Sales Group has decided to expand its brand and diversify into new markets.
Xuzhou Construction Machinery Group was founded in 1943 and has since stood at the forefront of construction machinery and has grown significantly into one of the world’s largest and most influential enterprise groups with its global annual sales exceeding US$14B for three consecutive years.
The company is ranked third worldwide for quality, service and reliability in the construction, lifting and heavy machinery sector.
Jumbo Jet Auto Sales was represented by a team led by Mr. Nasrudeen Junior Mohamed, Attorney, Mr. Manoj Narayan, Sales Manager for Parts/Spares Mr. Navendra Ramnauth, Company Engineer and Project Manager Mr. Sohan Bridjlall, and Logistics Manager Mr. Sanjeev Caimraj.
Representing XCMG Group were General Manager and Head of XCMG South American countries Mr. LiHanguang, Commercial Director of XCMG South American Group Mr. Wu Shuxin, and Manager of International Business Department Justo Abelardo Santos Expinosa.
- Brasil Industria LTDA, Districto Industrial Pouso Alegre, heavy-duty machinery, Jumbo Jet Auto Sales, Xuzhou Construction Machinery Group (XCMG)
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