Global Used Construction Equipment Excavators for Sale

If you have used excavators for sale and want to sell them in China this bit of news should be interesting. According to the Chinese Government, construction of the 8,794 kilometer gas pipeline, will cost 19.8 billion U.S. dollars to build. Construction will begin in 2008 and will be completed in 2010.

Global Used Construction Equipment Excavators for Sale

The government of Niger has announced that it will issue 100 new mining permits in the next year. Many of these permits will issued to Chinese companies who will need to purchase excavators for sale. Companies that sell equipment should be position them selfs to sell their equipment to Chinese companies.

Global Used Construction Equipment Excavators for Sale

Chinese construction companies are entering the African market in greater numbers every year. For example, in the past 10 years the number of Chinese construction companies, in Zambia, has grown from 2 or 3 to almost 20. All these companies are looking for used excavators for sale since almost all used construction equipment must be imported into Africa.

Global Used Construction Equipment Excavators for Sale

The success of Chinese construction companies in Africa can be attributed to China's need to raw material at home. The Chinese government is backing loans for huge infrastructure projects in Africa in return for access to minerals needed to continue manufacturing products for the world. So equipment owners that have excavators for sale or any other type of construction equipment should investigate the opportunities with Chinese companies working in Africa.

Global Used Construction Equipment Excavators for Sale

Many Chinese construction companies realize the economics of buying new construction equipment. However, due to the price, on new equipment, they must settle for used equipment. A solution for sellers of equipment might be to try and sell rebuilt equipment to the Chinese market. So , if you have Excavators for sale you might consider rebuilding it to sell to the Chinese market.

Global Used Construction Equipment Used Heavy Construction Equipment for Sale

When you look at the Chinese construction industry in regards to Used Heavy Construction Equipment for sale you also have to look at the progress they are making when it comes to their projects in Africa. Chinese contractors are now working on some of the biggest infrastructure projects and as stated in previous blogs, they need to bring virtually all of their equipment with them.

Global Used Construction Equipment Excavators for Sale

Here's and interesting statistic, If you've ever wondered about the booming Chinese economy and how it will be effected by the slow down of the US this number should surprise you. Of all of China's exports only 20% go to the US. This is still a large number but would indicate to me that China will continue to have a robust economy despite the US slowdown and the need for Excavators for sale will continue.

Global Used Construction Equipment Used Heavy Construction Equipment

Chinese construction companies won bids worth $2 billion dollars for the rehabilitation of the Mocameded Railway in Angola. Again as in the previous blog all the Used Heavy Construction Equipment needed for the project was imported by the Chinese construction companies.

Global Used Construction Equipment Excavators for Sale

We'll try a little different view point for today. Recent blogs have concentrated on Chinese infrastructure. In this blog I will give you some information on the role that Chinese companies play in building Africa infrastructure. When Chinese companies build projects in Africa they need to bring most of their supplies with them. Recently China Road and Bridge purchased $30 million dollars worth of equipment for a road project in Angola. Since there no excavators for sale in Angola they had purchase all of these machines on the open market.

Global Used Construction Equipment Excavators for Sale

China began building a railway linking, the Xiamen Economic Zone in Fujian Province and Shenzhen Economic Zone in Guangdong Provinc running 502.4 kilometers at an est cost of $5.6 billion dollars. Upon completion the project should generate many used Excavators for sale.

Global Used Construction Equipment Used Heavy Construction Equipment

China will have huge amounts of Used Heavy Construction Equipment for sale as they continue to build their infrastructure. China will build and upgrade 270,000 kilometers of rural highway in 2008, to further modernize the country's transportation system in its vast rural areas.

Global Used Construction Equipment and Cat Rebuild

The current estimated global market for rebuilding heavy equipment is approximately $100 billion dollars. Caterpillar and the Chinese government have signed a contract to promote Cat Rebuild equipment. Caterpillar expects the Chinese market to be $10 billion in China alone.

Global Used Construction Equipment Excavators for Sale

According to the AMA sales of construction equipment is predicted to decrease, in the US, by 1.9% in 2008. This downturn in the US market in not expected to effect the Chinese infrastructure and other Asian countries projects. In fact many of South East Asia's countries, economy, like the Philippines and Vietnam are expecting to grow at 6%-9%. Companies with used Excavators for Sale can expect high demand from this region.

Global Used Construction Equipment Excavators for Sale

With the Chinese economy booming the market for new and used construction equipment is huge. Currently many Chinese companies looking for used Excavators for sale look to Japan for their supply. Japan is noted for it's high quality used equipment.

Global Used Construction Equipment and Cat Rebuild

Because of the quality of Cat equipment many models can be rebuilt for a second life. A Cat rebuild
is cost effective and Caterpillar is looking to China and its cheap labor costs and huge market for added revenue. I suspect that other companies specializing in rebuilds should look at possibly setting up operations in China as well.

I've made several contacts in China that are looking for Western Companies with rebuild expertize to form some sort of JV.

Global Used Construction Equipment Excavators for Sale

Recently on a Trip to China I went to Southern China I was amazed at what I saw. Just outside the airport there is an industrial zone where construction equipment is sold. Now that's not odd but in this zone the only signs posted were Excavators for Sale . The entire area was had nothing but excavators. No other types of equipment were for sale. The gentleman that
I was with said that he sells 100 units per month into all parts of china.

Global Used Construction Equipment and Cat Rebuild

What do you think the forecasters at Cat Inc. are thinking when they see statistics like the one that was recently released that China is in the process of building 12,000km of express rail lines by 2020! Well their thinking that there are mountains of money to be made. This is why they are not only building equipment there but are setting up facilities for Cat Rebuild