Jakarta, Indonesia Shows Fast Growth in Construction Industry

India and China were reported to bethe leading countries in Asia in theconstruction industry for the lastdecade and were the only ones whocan compete in the global market.

INDONESIA- A Developing Nation

However, Indonesia, one of the archipelagoes in theAsia-pacific region, had accelerated fast in the industryand had been acknowledged by analysts and marketersaround the world.

South East Asian countries havedeveloped throughout the years andIndonesia is no exception. Infrastructureindustry is attracting investors all overthe world due to the creation of housings,buildings, transportation facilities andcommercial establishments in the country

Despite of economic fluctuations,political instability and riot withinIndonesia, the country has managedto maintain and increase itsinfrastructure economy.

Construction Equipment Rentals

The revenues of construction equipmentmarket in Jakarta, Indonesia have grownat a healthy CAGR of 12.5%.Urbanization and commercializationhave encouraged the development ofconstruction projects which propelled theuse of needed equipment.

Analysts forecast theConstructionEquipment market inIndonesia to grow at aCAGR of 10% over theperiod of 2014 to 2018.

There are organizations in thecountry which prefer to use theirown construction equipment butseveral SMEs find it difficult to buyand maintain these constructionmaterials because of its high cost andcan only be used one-time.

In addition, because of the growingconstruction industry, competitionamong the owners grows fiercer and theyare forced to innovate and add value-added services. As a solution to this,some construction materials vendors startto lease their equipment.

Hence, some constructionequipment vendors havestarted offeringequipment such asexcavators, wheel loaders,motor graders, crawlercranes, truck cranes, andtruck mounted cranes on arental basis.

This construction equipmentrental in the country allowscost-driven organizations indeveloping countries to opt forthe latest technologyconstruction equipment atminimal cost, therebyimproving their operationalproductivity. Thus, the optionof renting constructionequipment encouragescustomers to use a wide rangeof construction equipment.

Axis Capital Group specializes in constructionequipment rental and sales from cranes toexcavators and related heavy constructionequipment throughout Southeast Asia. Thecompany is a multi-line dealership that iscommitted in assisting you in finding theproducts that will meet your job requirements.

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