Qingdao Huashida Machinery Co., Ltd. has achieved a milestone in its overseas strategic investment decision. Following a business trip led by Chairman Huang Baodong lasting over eight months, the company successfully completed registration, capital injection, and site selection in Riyadh, Saudi Arabia, marking a crucial step in its internationalization strategy.
Operating in Saudi Arabia and expanding its reach throughout the Middle East is a core step for Huashida in aligning with the Belt and Road Initiative and realizing the export of its products and brand. As a national high-tech and specialized enterprise possessing five sets of first-of-its-kind equipment, Huashida provides high-standard solutions for Middle Eastern energy and infrastructure with its internationally advanced 3PE anti-corrosion pipes and spray-coated insulated pipes, and has established a solid customer base and broad cooperation prospects.
During communication with the Saudi government, both parties clearly defined the location of the high-end pipeline equipment project using an industrial project map, a testament to the principle of "one map determining the future." Huashida will align with Saudi Arabia's diversified development strategy, promoting advanced technologies and materials to improve pipeline durability and safety, striving to become a new benchmark for Sino-Saudi production capacity cooperation and injecting new momentum into the in-depth cooperation of the Belt and Road Initiative.
