Major Company from West Africa is interested in cooperation with AMKODOR

On December 22, within the visit to the Republic of Belarus, the delegation of MSY Group (Senegal) headed by the company’s head Mr. Mouhamadou Moustapha visited the JSC AMKODOR, holding managing company.

The aim of the visit was to get acquainted with the industrial potential of our country and conduct negotiations on the supplies of the Belarusian mechanical engineering products to Senegal.

Reference. MSY Group is specialized in the production of basalt ore, annually carries out loading and transportation of millions of tons of bulk materials and ore. The group of companies includes road construction and agricultural enterprises.

The delegation of MSY Group arrived to the JSC AMKODOR, holding managing company, to discuss the possibility of supplies of the holding machines for its own needs. However, upon acquaintance with the holding industrial potential, the level of local content of the produced machinery and its technical and economic parameters, the business model for future cooperation was revised right in the course of negotiations. 

The Senegalese party expressed its intention not just to purchase AMKODOR machines but also arrange their production on its own territory to sell them in Senegal and neighboring countries.

MSY group representatives consider that the process level of the production and quality of the AMKODOR special-purpose machinery make it competitive throughout West Africa. Senegal located in the center of the region is a transport and logistics hub which has a strong impact on the entire region and can offer AMKODOR favorable conditions for the promotion of the holding machinery.

During the negotiations with Director General of the JSC AMKODOR, holding managing company, V. Ivankovich, the MSY Group representatives announced their intention to assess the competitive environment and the level of demand for the AMKODOR machinery in West Africa as soon as possible, as well as to develop a step by step strategy for a joint production. The first stage suggests buying of a batch of ready-made machines to ensure their presence on the market. Then it is considered to establish a service center and spare parts warehouse, and subsequently establish an SKD assembly production with possible subsequent local content production.

  Senegal has a good personnel resource. The country has a technological university and other educational institutions which prepare different experts including experts of the mechanical engineering.

Senegal has considerable experience in the acquisition of different special-purpose equipment from the world's major manufacturers from Europe, China and India but these options neither satisfy due to the difficulties in operation and maintenance nor they worth their money.

The parties are currently considering different cooperation formats and different sources of funding for this project and its economic feasibility.

Even at the preliminary stage the representatives of MSY Group declare that the machinery of AMKODOR meets their requirements of quality and price, positively estimate its ease of maintenance and operation, high serviceability, as well as the ability to adapt quickly to the conditions of the African climate due to the fact that AMKODOR holding has its own design and engineering service.