Recently, Shantui 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 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, wheel 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 multiple rounds of intense negotiations between Shantui’s sales staff and the Ministry of Agriculture, Shantui was granted the honor 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 theShantui brand in not only Cuba, but throughout Central and South America as well.