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KONKA Established Joint Venture for the Middle East and African Market
CAIRO, Aug. 6, 2019 /PRNewswire/ -- On August 1, KONKA (000016.SZ), a leading Chinese home appliance company, announced during a signing ceremony a new joint venture partnership with HOHO which is set to serve both local and regional customers from its base in Cairo, Egypt. Among the featured guests were the former Egyptian Prime Minister Sherif Ismail, the Minster-Counsellor of the Chinese Embassy in Egypt Han Bing, and the Secretary General of the Cairo Chamber of Commerce in Egypt Khaled Mostafa.
KONKA to Establish New Factory as a move to Captivate the Market in the Middle East and Africa
CAIRO, Egypt, July 29 2019 /PRNewswire/ -- KONKA(000016.SZ),a leading Chinese home appliance company, is set to establish a joint venture with the HOHO, an Egypt-based home appliance company, which is followed by an investment for the construction of a new factory. Set to begin in early August, the establishment of the international joint venture is a significant step in the launch of KONKA's strategic expansion into the global arena.