Chinese enterprise deepens cooperation with Saudi Arabia for aluminum tanker production
On October of 2015, the Commerce ambassador of China-Saudi Arabia Embassy had attend the release conference of the new generation of aluminum fuel tanker trailer, which was the result of the cooperation between Chinese enterprise and Saudi Zahid Group. In 2012, China started to export Aluminum tanker trailer to Saudi, till now, China owns 51% of the market share in Saudi for tanker trailer. In the second half of 2015, China started to assemble tanker trailer in Saudi Local.
In the conference, the ambassador emphasized that Chinese government encouraged domestic company expand oversea market, it’s in accordance with Saudi diversified economic policy. There are a lot of complementarities between China and Saudi Automobile industry, in near future, based on the mutual benefit, the two bodies will deepen the cooperation in various field and explore oversea market together.
The CEO of Chinese enterprise and vise president of Zahid Group attend the conference and gave speeches.