Sany digs deep to lay foundation in Africa

Machinery producer advocates long-term view for companies on the continent, Li Lianxing reports from Johannesburg

Africa's industrialization and the multitude of infrastructure projects throughout the continent are giving Chinese heavy equipment manufacturer Sany Group Co Ltd huge scope to expand abroad.

However, Xiao Jiang, general manager of subsidiary Sany Southern Africa (Pty) Ltd, said that while Africa has tantalizing potential as a market, any Chinese company contemplating taking advantage of that potential needs to take a long-term view.