SANY Opens Global Engineering Machinery Remanufacturing Base
Equipment

SANY Opens Global Engineering Machinery Remanufacturing Base

SANY Group has recently commenced operations at its first global engineering machinery remanufacturing base, the SANY Hunan–Hainan Intelligent Manufacturing Industrial Park, located in Dongfang. The opening marks a significant step in the company’s globalisation and sustainability roadmap, with orders worth around USD 14.27 million secured from Southeast Asia and Africa on the launch day.

The facility is China’s first industrial park jointly developed by a pilot free trade zone and a pilot free trade port, strengthening cross-regional industrial collaboration between Hunan and Hainan. By combining manufacturing strengths with favourable trade and tax policies, the park is positioned to support Chinese engineering machinery companies in expanding their international presence.

Construction of the park began in August 2023. Spread across approximately 10 hectares, the project represents a total investment of about USD 85.62 million and is expected to generate an annual output value of roughly USD 107.02 million at full capacity.

Designed as a regional remanufacturing and resource distribution hub, the facility focuses on maintenance and remanufacturing of core engineering machinery components and second-hand equipment sourced from both domestic and overseas markets. The initiative promotes circular use of industrial resources and extends equipment life cycles.

Operating under the Hainan Free Trade Zone framework, the park benefits from tariff preferences on eligible value-added processing, bonded supervision for remanufacturing activities and income-tax incentives under the ‘Dual 15 per cent’ policy.

Commenting on the development, Tang Xiuguo, Chairman of SANY Group, said the project is a key strategic move to deepen globalisation, digitalisation and low-carbon transformation, while accelerating the industry’s shift towards greener and more sustainable engineering machinery solutions.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

SANY Group has recently commenced operations at its first global engineering machinery remanufacturing base, the SANY Hunan–Hainan Intelligent Manufacturing Industrial Park, located in Dongfang. The opening marks a significant step in the company’s globalisation and sustainability roadmap, with orders worth around USD 14.27 million secured from Southeast Asia and Africa on the launch day. The facility is China’s first industrial park jointly developed by a pilot free trade zone and a pilot free trade port, strengthening cross-regional industrial collaboration between Hunan and Hainan. By combining manufacturing strengths with favourable trade and tax policies, the park is positioned to support Chinese engineering machinery companies in expanding their international presence. Construction of the park began in August 2023. Spread across approximately 10 hectares, the project represents a total investment of about USD 85.62 million and is expected to generate an annual output value of roughly USD 107.02 million at full capacity. Designed as a regional remanufacturing and resource distribution hub, the facility focuses on maintenance and remanufacturing of core engineering machinery components and second-hand equipment sourced from both domestic and overseas markets. The initiative promotes circular use of industrial resources and extends equipment life cycles. Operating under the Hainan Free Trade Zone framework, the park benefits from tariff preferences on eligible value-added processing, bonded supervision for remanufacturing activities and income-tax incentives under the ‘Dual 15 per cent’ policy. Commenting on the development, Tang Xiuguo, Chairman of SANY Group, said the project is a key strategic move to deepen globalisation, digitalisation and low-carbon transformation, while accelerating the industry’s shift towards greener and more sustainable engineering machinery solutions.

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Next Story
Products

EUROBOND Expands NABL Accreditation to 51 Testing Parameters

EUROBOND, the flagship brand of Euro Panel Products, has expanded the National Accreditation Board for Testing and Calibration Laboratories (NABL) accreditation of its in-house laboratory from 16 to 51 mechanical and chemical testing parameters, making it the only Indian aluminium composite panel (ACP) manufacturer with accreditation covering such an extensive testing scope.The expanded accreditation enables the company to independently test coils, coatings, cores, aluminium composite panels (ACP) and metal composite panels (MCP) in accordance with international standards, including IS, ASTM, ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement