# Pengcheng Group and Indonesian customer discuss 1 billion yuan cooperation project

A customer delegation from Indonesia visited Shandong Pengcheng Max Construction Machinery Co., Ltd. for discussions on a large-scale construction machinery cooperation project with a total investment of 1 billion yuan. The project involves a high-end equipment manufacturing base covering 349 mu, with plans for four production workshops.

- Type: Partnership
- Announced: 2024-11-13
- Where: China
- Value: $139.0M (1.00B CNY)
- Status: announced
- Products: excavators, mining trucks, construction machinery
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Shandong Pengcheng Max Construction Machinery Co., Ltd.](https://endata.com/companies/80926.md)
- [Pengcheng Group](https://endata.com/companies/80927.md)

## Sources

- [en.ncpcn.com.cn](http://en.ncpcn.com.cn/xinwenfenleiyi/145.html), 2024-11-13: "Both sides held in-depth discussions on a large-scale construction machinery cooperation project with a total investment of 1 billion yuan."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
