Muyang New Target – Middle East & Europe Market Share
Muyang is planning overseas production bases and will set up its first overseas branch in Egypt which mainly produces feed machinery and feed equipments. Now the project is in the process and expected to be done next year aiming at Middle East and Europe market. This overseas production base is located 100 kilometers from Cairo where has a "China Industrial Park." Previously the company’s products were made in China, then transported to overseas market which not only cost high transportation, but also needed to pay a lot of money for customs duties. After the complishment of the new factory in Egypt, the transportation distance was shorter with zero tariff, reducing the costs.
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