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.
Axis Capital Group Equipment
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 archipelagoes 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.
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.
Analysts forecast the Construction Equipment market in Indonesia to grow at a CAGR of 10% over the period of 2014 to 2018.
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.
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.
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.
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.
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.