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In fact, Chen Zhengli, Secretary General of the Mining Machinery Branch of the Construction Machinery Industry Association, predicts that the local companies will account for 50% of the excavator market in China within five years.
FORBES: The Battle For China's Construction-Machinery Market
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Originally founded as the construction and engineering branch of the IRGC at the end of the Iran-Iraq War, Ghorb initially focused on reconstruction, but it soon ventured into other fields.
FORBES: The Dangers Of Doing Business With Iran's Revolutionary Guards
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Stuart Wetherell, sales director at Wicksteed Leisure, said its construction firm wanted to branch out into new markets to maintain relevance.
BBC: Northampton
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The branch, which is called Suishinkai, specialised in construction graft on public contracts.
ECONOMIST: Japan's ultra-nationalists
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He gave large sums to the local Chabad, a branch of the Hasidic Chabad-Lubavitchers, for the construction of a new center.
NEWYORKER: The Brass Ring