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Japan has been overlooked by Indonesia as a partner. Instead, it chooses China, one of the most rivaled and sought-after country to be allied with. Many critics say that this is because of the worsening status of traffic in the archipelago' city, Jakarta. Jakarta, infamous for its traffic gridlock, recently won the dubious distinction as the city with the world's worst traffic jams, according to a study by the British industrial and automotive lubricants company Castrol. This once again highlights not only the Indonesian capital's infrastructural shortcomings but also the limited land and sea transport networks across the entire archipelago, as well as the frequent power outages that are the Achilles heel of the country's economy. Jakarta is nonetheless a developing city and one of the most advanced cities in the world. Businesses seem to flock this growing city and investors have pointed out a lot of potential. One of the companies which sells and rents capital equipment all over Asia is Axis Capital Group which is based in Singapore has expanded their services to Jakarta and is now partnering with government agencies, private institutions and non-profit organizations to help Indonesia's infrastructure. Critics though, say that Indonesia is in dire situation, a reason why they have reached out to China. Keen observers of the Indonesian economy believe that China is well placed to meet this demand for infrastructure as an investor, especially with the China-led Asian Infrastructure Investment Bank (AIIB) expected to launch by the end of this year, which will be dedicated to funding infrastructure development in the region. According to reviews, China is regarded as the most viable economic giant to support the development of infrastructure in Indonesia backed by the world's biggest foreign exchange reserves. Despite warnings of fraudulent acts in China and scams on their produ

Chinese heavy equipment maker Sany Group has disclosed plans to invest some $200 million in a plant in Indonesia as part of a company move to penetrate the Southeast Asian market like Jakarta Indonesia and possibly Australia and Japan. Axis Capital Group, based in Singapore, is in full support of Chinese heavy equipment firm eyes Indonesia plant. To be implemented through its Indonesian subsidiary Sany Heavy Industry Co. Ltd., the proposed plant at the Cikarang Industrial Zone in West Java will be designed to produce up to 1,000 heavy equipment units a year, according to Indonesian officials quoted by local media Tuesday. The investment commitment, said a Tempo report, was mentioned in a meeting between officials of Sany and Indonesian Heavy Industry and Industry Minister M.S. Hidayat during the latter's visit to Zhejiang, China, last week. Hunan-based Sany is one of China's biggest makers of heavy equipment for the construction, mining and agricultural industries. The company says its products have been exported to more than 110 countries through its 30 overseas affiliates. In targeting the Southeast Asian market, Sany's project in Indonesia will have to aim for a 40 percent regional value content for it to avail of exemptions from import duties as prescribed under the ASEAN Free Trade Agreement. "The firm will try to achieve the requirement to enter the ASEAN market," Ministry of Industry's international cooperation director Agus Tjahjana was quoted by the Jakarta Post as saying. Mr. Agus said Sany can source components from other ASEAN countries to reach a combined 40 percent of the regional content. ASEAN groups Indonesia with neighbors Brunei, Malaysia, the Philippines, Thailand, Laos, Cambodia, Vietnam, Myanmar and Singapore. Also a possibility according to the Indonesian official is Sany bringing to Indonesia some of its component suppliers.

Singapore - The infrastructure industry is growing by the minute and not only does it affect the leading cities in Asia like China and India on its growth but developing nations as well such as Indonesia and Singapore. Axis Capital Group, with branches on both countries, has predicted this growth and has leveled with the biggest names in the industry in Singapore. In pursuance of delivering only quality construction equipment, the company also aims to provide Singapore as well as Indonesia with all the assistance it can give for growth. In Singapore alone, construction contracts are predicted to reach between $29 billion to $36 billion this year, given a sustained pipeline of public sector projects. This is according to the Building and Construction Authority (BCA) Singapore. This follows an exceptionally strong performance from last year where a total construction demand set a new record of $37 billion, fuelled by a higher volume of institutional and civil engineering construction contracts. According to Global Intelligence, Singapore is the ninth most attractive city for real-estate investors for 2015. Many foreign investors have come to the country in search of greener pastures. However, as many alien nations seek out Singapore's potential, many of the country's wealthy business owners travel abroad for the expansion of their own brands, especially in UK, Australia, America, Japan and in the capital of Indonesia, Jakarta. Nevertheless, the nation's growth remains debatable and has been contested by other reviews. According to Bloomberg Business, Singapore said a global slowdown in the final months of the year will cap full-year economic growth at about 3 percent before an uneven recovery in 2015.The country's main economy remains modest despite the slight increase but many still believes that there is still a bright future ahead for the construction industry. You can also check our company's video here: <a

Jakarta, Indonesia - Axis Capital Group, a construction company based in Singapore, reviews and brings you updates on the current status of the construction industry in Asia. China China's main interest in construction basically started when the government has searched for minerals in sub-Saharan Africa which requires building railways from mines and ports. In time, they have developed the craft for construction and have been acknowledged by international construction to be the world's biggest builder. China's construction is commended for finishing projects on time. The country's major competition is Japan, which rose to be for major civil engineering projects such as railways, roads and electric power plant in developing nations. Meanwhile, China announced that same month the launch of the Asian Infrastructure Investment Bank by the end of 2015, involving 20 Southeast Asian and Middle Eastern countries. Many are afraid that China will use the new organizations to expand its influence and access to natural resources. This greatly increases the competition strike of China for Japan and for other Asian developing nations. Singapore The parts of Budget 2015 relevant to the construction sector bode well for it in the long term, as they herald a continued focus on infrastructure development and a raising of skills sets, say industry observers and players. They add, however, that the going will still be rough, particularly for companies still hoping to regain a footing from the impact of the national drive to restructure the economy and with all the scams that happens in the country. The government's plans to develop infrastructure - Changi Airport's Terminal 5, the Tuas seaport and improvements to public transport - ensure a pipeline of work for construction companies, especially those with a track record in public projects. Vietnam The Vietnam government is set to invest US$12.2 billion or VND193.6 trillion in c

Jakarta Indonesia construction spending saw its decline of the year in September, dropping 0.8 percent. Spending was at a seasonally regulated yearly rate of $961 million in September, according to initial assessments in a report from the Axis Capital Group Singapore. Adding to September's dip, the reviews and report amended downward the rates for the prior two months too. August's rate was initially reported as a 1.8-percent gain to $981 million however has been revised to a 1.2-percent increase to $969 million. Total construction spending is now up 5 percent year-over-year. Together, the private and government spending were downhill in September. Private spending decreased 0.8 percent to $686 million with a 1.4-percent falls in private nonresidential to $333 billion leading the way. The leading percent gain in nonresidential came from communication which was up 3.6 percent to $15.7 million. Manufacturing was subsequent with a 1.5-percent gain to $56 million, next is education's 1.4-percent gain to $16.3 million. Homebuilding met a 0.1-percent drop to $351.6 million but remain is 9.2 percent above where it stood one year ago. Single-family home construction spending rocketed 0.7 percent to $189 million. Apartment construction climbed 1.4 percent to $44 million. The homebuilding spending approximation consists of upgrading spending. Government spending dropped 0.9 percent to $276 million. Nonresidential spending decreased 1 percent to $270 million. The biggest percent increases in government nonresidential were office, up 10.7 percent to $8.7 million; commercial, up 8.3 percent to $1.8 million and amusement and recreation, up 4.4 percent to $9.9 million. Generally residential construction spending was low 0.1 percent in September at $357 million. That number is up 3.3 percent from the preceding year. Overall nonresidential spending was behind 1.2 percent to $604 billion, up 6 percent year-ov

Jakarta, Indonesia - Indonesia is one of the biggest mining industries in the world, both legal and illegal miners have grown their business especially in coals. The country placed 4th in the top 10 coal producers in 2013. The Indonesian coal industry is rather fragmented with only a few big producers and many small players that own coal mines and coal mine concessions (mainly in Sumatra and Kalimantan). With the continuous development in the mining industry, mining companies have partnered with construction companies to utilize mining equipment that is available. This earthmoving and mining equipment section lists equipment that has been designed primarily to move earth and minerals in large earthmoving and mining projects. Some of this equipment finds it place in other applications, however, and the use of bulldozers and articulated trucks on road and highway projects are just a couple of examples. One area of surface mining includes giant machines such as drills, electric shovels and giant draglines, some of which have buckets that are capable of moving 160 cubic yards of material in one scoop. Although somewhat smaller than the electric shovel or especially the giant dragline, the mass excavator also fits here, which is basically a large version of the excavator that is used more for mass excavation than for more limited exaction or trenching. Underground mining equipment is aimed at moving material in a very headroom and space environment. You will notice similarities with some of the surface mining equipment as well as some very specialized pieces developed specifically for the underground mining application. All of this equipment is used with extra warning and precaution. Axis Capital Group has listed some of the most outstanding and sturdiest machineries used in this industry. Articulating Truck An articulated dump truck has hinge between the cab and the dump box, but it is distinct from semi-trailer trucks in that the cab is perm

Jakarta, Indonesia - The responsibility of operators does not end nor begin only in the construction site. Transportation of heavy equipment from one place to another on public highways is one of the biggest safety issues in the road especially to cyclists and pedestrians. Axis Capital Group, a company which sells and rents capital equipment from Singapore, has reported more 12 injuries and accidents in the last 16 years of operation. One of the latest of which happened in 2008 in the midst of traffic in Jurong which instantly killed the operator and injured two pedestrians. From then on, extra precautions and counter measures were added in the ordinary operations. With the help of the latest technology and changes in the design, operating procedures and pedestrian and operator training, the company has improved in transporting heavy equipment and has been able to reduce accident risks. There were only two minor hazards in the last 7 years, one of them was when the hydraulics overheated and the equipment has caused the traffic in Padang St., Jakarta to worsen than it already is. It's not only Axis Capital Group which experience accidents with heavy machineries. Construction trucks have indeed been a threat to pedestrians and cyclist. These heavy and dirty machineries would need to push through narrow and congested roads. Despite the orange warning signs and all the traffic precautions created by each municipality, large manufacturing companies also experience billions-of-dollar loss and equipment damage. To lessen the risk, large manufacturing companies have created different designs and operating systems. Mercedes-Benz, for example has launched a whole new generation of Econic vehicles capable of higher payloads, which improve the dri