INDONESIA- A Developing Nation
India and China were reported to be the leading countries in Asia in the construction industry for the last decade and were the only ones who can compete in the global market. However, Indonesia, one of the archipelagos in the Asia-pacific region, had accelerated fast in the industry and had been acknowledged by analysts and marketers around the world.
South East Asian countries have developed throughout the years and Indonesia is no exception. Infrastructure industry is attracting investors all over the world due to the creation of housings, buildings, transportation facilities and commercial establishments in the country. Despite of economic fluctuations, political instability and riot within Indonesia, the country has managed to maintain and increase its infrastructure economy. This is largely due to the country’s resources and manpower. The number of contractors classified as large rose from 695 to 1,742 between 2008 and 2013, while the number of medium-sized firms increased from around 10,000 to 21,000, and small-sized firms expanded in number from over 100,000 to 160,000. In 2014, the construction Industry contributes 13% of the country’s Gross Domestic Product (GDP). Heavy equipment such as cranes, tractors, bulldozers, concrete pumps, excavators, etc. are available with various brand selection in various construction companies.
3.
India and China were reported to be
the leading countries in Asia in the
construction industry for the last
decade and were the only ones who
can compete in the global market.
INDONESIA- A Developing
Nation
4. However, Indonesia, one of the archipelagoes in the
Asia-pacific region, had accelerated fast in the industry
and had been acknowledged by analysts and marketers
around the world.
5.
South East Asian countries have
developed throughout the years and
Indonesia is no exception. Infrastructure
industry is attracting investors all over
the world due to the creation of housings,
buildings, transportation facilities and
commercial establishments in the country
6.
Despite of economic fluctuations,
political instability and riot within
Indonesia, the country has managed
to maintain and increase its
infrastructure economy.
8.
The revenues of construction equipment
market in Jakarta, Indonesia have grown
at a healthy CAGR of 12.5%.
Urbanization and commercialization
have encouraged the development of
construction projects which propelled the
use of needed equipment.
10.
There are organizations in the
country which prefer to use their
own construction equipment but
several SMEs find it difficult to buy
and maintain these construction
materials because of its high cost and
can only be used one-time.
11.
In addition, because of the growing
construction industry, competition
among the owners grows fiercer and they
are forced to innovate and add value-
added services. As a solution to this,
some construction materials vendors start
to lease their equipment.
12. Hence, some construction
equipment vendors have
started offering
equipment such as
excavators, wheel loaders,
motor graders, crawler
cranes, truck cranes, and
truck mounted cranes on a
rental basis.
13.
This construction equipment
rental in the country allows
cost-driven organizations in
developing countries to opt for
the latest technology
construction equipment at
minimal cost, thereby
improving their operational
productivity. Thus, the option
of renting construction
equipment encourages
customers to use a wide range
of construction equipment.
14.
Axis Capital Group specializes in construction
equipment rental and sales from cranes to
excavators and related heavy construction
equipment throughout Southeast Asia. The
company is a multi-line dealership that is
committed in assisting you in finding the
products that will meet your job requirements.
About Axis Capital
Group