SANY Opens Global Engineering Machinery Remanufacturing Base
ECONOMY & POLICY

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.

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
Infrastructure Energy

BMW Industries partners with IOCL for PNG supply at Bokaro plant

BMW Industries has entered into a strategic partnership with Indian Oil Corporation (IOCL) for the supply of Piped Natural Gas (PNG), reinforcing its commitment to adopting cleaner and more efficient energy sources for its operations.The agreement was signed at the Eastern Region Pipelines (ERPL) headquarters in Kolkata. The partnership is expected to support the company’s upcoming manufacturing facility in Bokaro by facilitating the use of natural gas as a primary energy source.According to the company, the adoption of PNG will help enhance operational efficiency while also contributing to ..

Next Story
Real Estate

Bombay Realty Secures RERA for Three ICC Tower in South Mumbai

Bombay Realty, the real estate arm of Bombay Dyeing and part of the Wadia Group, has received Real Estate Regulatory Authority (RERA) certification for Three ICC – Wing A, the latest luxury residential tower at Island City Center in Mumbai’s Dadar.The RERA registration marks a key milestone in the development timeline and reinforces the company’s focus on regulatory transparency, timely project delivery, and high construction standards.Following the success of One ICC and Two ICC, the upcoming Three ICC tower represents the next phase of the Island City Center development. The project ai..

Next Story
Infrastructure Energy

Flender launches India’s largest wind gearbox test rig in Walajabad

Flender has inaugurated a 13.5 MW wind turbine gearbox test rig at its Walajabad facility near Chennai, marking the largest installation of its kind in India. The new facility is expected to strengthen the company’s manufacturing and testing capabilities while supporting the growing demands of the wind power sector in both domestic and global markets.The test rig was inaugurated on March 5 in the presence of Andreas Evertz, Group CEO, Flender; Lars Wiegemann, Vice President Wind Gears, Flender; and Vinod Shetty, CEO, Flender India, along with key industry customers and stakeholders.The insta..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement