Bolivian roofing sheet company Cóndor sets up in Hong Kong | Empresa boliviana de calaminas Cóndor se instala en Hong Kong

By Marco Antonio Belmonte, Vision 360:

Target the international market

Since 2006, the company has been manufacturing plastic roofing sheets, swimming pools, hot tubs, and sanitary ware. It provides assistance to mining and oil companies and will export from Hong Kong.

Trabajadores realizan un control a la producción de calaminas. Foto: Cóndor

Workers oversee the production of roofing sheets. Photo: Cóndor

Operating since 2006, the dream that began as Edwin Quisbert Alarcón’s thesis project has become a leading company in the manufacturing of plastic roofing sheets and other products. Now, it has taken a major step by becoming the first Bolivian company to open a branch in Hong Kong to export to Europe and other markets. It is also planning to establish itself in Shanghai soon.

The tubes are part of the company’s production lines. Photo: Cóndor

The International Franchise Company Cóndor SRL, with innovative designs in the field of corrugated sheets, plastic pipes, and hydromassages, is among the most successful companies in Bolivia and is now achieving international prominence.

Cóndor has 7 production lines: plastic corrugated sheets, molded hydromassage structures, recycling, plastic pipes, water tanks, portable toilets, and consulting for mining and oil companies. 

Edwin Quisbert Alarcón, general manager of the company, shared in an interview with Visión 360 that the idea of manufacturing plastic corrugated sheets originated from a bachelor’s thesis in the Audit program at Universidad de La Salle. This led to the start of production in 2006 with a single model, color, and size of 1.80 meters.

The first market was the city of Puno, and as the brand gained recognition, the company expanded production to include plastic corrugated sheets in sizes of 2.15 meters, 2.40 meters, and 3 meters. They then entered the markets of Oruro, Potosí, La Paz, and Tarija, eventually achieving nationwide presence.

Initially, production was done manually and artisanally. However, the company later developed its own 54-meter-long machinery and expanded to manufacture fiberglass pools, hydromassage tubs, and water tanks, thanks to knowledge transfer from raw material suppliers.

Additionally, the company began offering technical consulting services, with the support of specialists from the United States, Mexico, Brazil, and Chile, to mining and oil companies. They also started producing domes and corrosion-resistant products for these industries.

The range of corrugated sheets is diverse. Photo: Cóndor

Currently, the company has at least seven production lines in its factory.

1.- Plastic corrugated sheet production line.

2.- Molding line for tanks, pools, and hot tubs.

3.- Recycling line to produce its own raw materials.

4.- Manufacturing line for poly tubes used in micro-irrigation and agribusiness.

5.- Production line for polyethylene water tanks.

6.- Production and rental line for portable toilets for public events.

7.- Technical and logistical consulting in corrosion-resistant solutions for mining and oil companies.

Continuous work and product quality led to internationalization and the decision to establish a branch in Hong Kong.

Quisbert explains that, thanks to the advice of his son—who studied International Business at the School of Production and Competitiveness (EPC) of the Bolivian Catholic University (UCB) and at West Virginia University in the United States (USA)—he made the decision to expand the company internationally.

Last year, legal procedures began, and they successfully obtained the license to open their first branch outside the country.

“The objective of this branch is to interact from Bolivia, through Hong Kong, to export our products worldwide. Likewise, to attract investments that will bring new technology to Bolivia,” emphasized Quisbert.

The licenses were obtained in January, and the company is ready to operate from this international financial center.

In this way, he said that they will meet foreign demand, as they already have requests from South Africa and Central America, given that the company’s products rival materials produced in other countries.

The handling of products in the factory. Photo: Cóndor

According to the portal The Observatory of Economic Complexity, in 2023 Hong Kong was the 39th largest economy in the world in terms of GDP, the 38th in total exports, the 9th in total imports, and the 25th largest economy in terms of GDP per capita.

Shanghai in the spotlight

The dream of the International Franchise Company Cóndor SRL does not end in that special administrative region of China, but rather has its sights set on the international trade center of Shanghai.

“The corresponding procedures have been initiated to open another branch in that city; there, it takes six months, and this is the company’s other expansion strategy,” Quisbert emphasized.

According to the Bolivian Institute of Foreign Trade (IBCE), since China opened its economy to the market in the 1970s, it has been growing at a significant pace to become the second-largest economy in the world.

Productivity is mainly supported by industry, which accounts for nearly 50% of China’s GDP, with sectors as diverse as metal processing, machinery assembly, weapon manufacturing, textiles, automobiles, electronic and telecommunications equipment, and, finally, a very wide range of consumer products.

According to Quisbert, Bolivia has much production potential and, in his case, due to the experience gained with the company internationally, he maintains constant contact with various companies.

Abroad, he said, there are opportunities to invest in the country, but regulation and politics put brakes on it. He mentioned that today there is a lot of talk about the gas running out, but the country has electricity surpluses that can be exported to generate revenues that could even exceed those from hydrocarbons.

“There are businessmen abroad who can invest one billion, 1.5 billion dollars, there are investors,” he emphasized.

The company aims to manufacture electric buses for Bolivia

The opportunity to reach Hong Kong and open a branch has allowed the International Franchise Company Cóndor SRL to make international contacts with investors. Thus, the company’s next step is to manufacture electric buses for passenger transportation.

Its manager, Edwin Quisbert Alarcón, reported that they are in negotiations with foreign businessmen to execute an investment of at least 20 million dollars and become the first Bolivian industry to launch these electric vehicles to the market.

He even mentioned that the idea is for the company to be able to manufacture its own lithium battery, as currently, this final product is only obtained in foreign countries.

He explained that the vehicles they plan to produce are designed for passenger transportation, and the goal is for them to have a range of 300 kilometers.

One of the company’s latest awards. Photo: Cóndor

With the technology that will be implemented, the plan is to take advantage of the downhill routes in the city of La Paz to recharge the batteries.

“On the downhill routes, the vehicles will have the option of self-charging the batteries, which will increase their range. With the technology, the use of the battery becomes more efficient. As a result, the vehicles will have zero costs in fuel and lubricants,” said the businessman.

For Quisbert, this is the answer to the current situation in which the country faces a shortage of diesel and gasoline, because it will also achieve significant savings in fuel imports and subsidies.

“With this, buses can be made available at low cost; for example, the PumaKatari is a good service, but it receives a subsidy and requires maintenance. With electric transportation, the costs would be halved; the same goes for the municipal buses of El Alto, which have very high costs due to fuel and maintenance,” he pointed out.

According to Quisbert, the company works with carbon fiber and this material will be used in the manufacturing of these vehicles.

He added that the Bolivian regulations and standards are being evaluated, and notes have been sent to the competent authorities. Based on that, the next steps will be taken, and the provisions will be followed.

Additionally, in the coming months, the arrival of parts from abroad is expected for testing, as the cars must adapt to the geographical conditions and atmospheric pressure of the city of La Paz.

“Our schedule sets that by June, the vehicle model should be ready, and the final tests will be in August or September. It will be a product purely made in Bolivia,” said the manager of the International Franchise Company Cóndor SRL.

Bolivia has immense lithium reserves, but after more than 10 years of exploitation, no significant progress has been made, and the decision has been made to change technology to obtain the raw material for the production of lithium carbonate through the direct extraction method. Additionally, millions of dollars are spent on fuel imports.

Strategic cooperation between Cóndor and Yadu Co, from China. Photo: Cóndor

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