On October 10, Mr. Jens Eugen Baganz, vice director of Department of Economy and Energy, North Rhine-Westphalia, Germany, persons in charge of Investment Promotion Agency, mayor of Bedburg, etc. visited Sany. The two parties held in-depth discussion about Sany's investment projects in Bedburg, North Rhine-Westphalia, Germany.
Located in the west of Germany, North Rhine-Westphalia is economically developed with convenient water and land transportation as well as a great concentration of industries including machine manufacturing, chemical, petroleum refining, vehicle manufacturing and electronics. Many great Chinese industrial enterprises are headquartered here. North Rhine-Westphalia attaches great importance to the development of the heavy industry, Mr. Jens Eugen Baganz, vice director of Department of Economy and Energy, North Rhine-Westphalia, said Sany was a very successful enterprise and they would continue providing Sany with high-quality services, hoping Sany's investment projects in Bedburg would promote local economic development and produce common benefit.
There have been long and friendly economic cooperation and trade association between Sany and Germany. Sany established Sany European headquarters in Cologne, North Rhine-Westphalia, Germany in May, and subsequently invested 100 million Euros in constructing the Sany Germany Industry Park in Bedburg through frequent investigation. In early July, Sany completed initial land acquisition in Bedburg. Tang Xiuguo, president of Sany Group, spoke highly of the outstanding investment environment of North Rhine-Westphalia. "We planted a seedling in Bedburg and hope it will soon grow into a towering tree and bear bumper fruit", Tang compared, hoping the combination of China's and Germany's advantages in resources including manpower and technology will lead to higher-quality products.