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Worldwide Challenges Facing the Construction Industry,axis capital group construction equipment rentals in Jakarta, Singapore, Kuala Lumpur Worldwide Challenges Facing the Construction Industry Jakarta, Indonesia - Despite the industry's efforts and the emerging age of construction and industrialization in both developed and developing countries in the world, the issues and the challenges continue to rise and strive. Never will the industry or any other things, for that matter be without these challenges. There are some very serious challenges facing the construction industry that are motivating new approaches to how we design, build, operate, and maintain buildings and infrastructure. While these new technologies are designed to address challenges in the construction industry, I think that they are going to profoundly affect other sectors such as operations and maintenance, emergency planning, first response and urban planning. Axis Capital Group, a construction company based in Singapore and is distributing around South East Asia has listed some of the major hindrances a construction business should endure. Global Climate Change The construction industry is faced with the challenge to replace or renovate buildings to minimize environmental impact, for example, achieving carbon neutrality, and while at the same time yielding a respectable financial return on investment. The approach to green buildings requires new challenges to designing new buildings and renovating existing buildings. In Singapore, the government gave out a warning to building owners that by 2020, 80% of infrastructures in the country should be green and meet the standards.

Electrical problem is one of the most dangerous issues that a contractor or any construction-related company can face. Even some of the most expert technician, when faced with electrical problems blank out. With the project looming with the deadline, it is best to fix it fast. Unless you have purchased your machine from an online scam rampant nowadays which has a higher probability of unfixable parts, electrical issues in equipment can be fixed intuitively than with logic. Axis Capital Group, Singaporean-based company which sells and rents capital equipment across Asia admits that in electrical issues of their fleet, the problem is considered hazardous and grave. Because of the lack of expert hands in their branch in Jakarta, Indonesia, the company even deploys their technician from Singapore to fix the issue. The diagnosis can be different in each case. With mechanical problems, you can easily determine it through the noise, the condition of the hydraulics, shavings in the oil pan, smoke, idle movement and sometimes, even fire. In these cases, the problem can be easily identifiable. With electronics, it can be more drastic when the machine entirely stops. An expert technician studies schematics, mechanics, hydraulics and operations. In a sense, he never stops learning and reading. Some companies employ substandard technicians to lessen employment cost. However, this trend is strongly not advisable- and in some cases, illegal without the license and permit- as it poses a very hazardous risk not only for the operator but for the overall project and can jeopardize the name of the company. Your client may complain when you say that the usual diagnostic time would amount to 4 hours but this is the minimum time it would take for a technician to really know the problem behind electrical malfunction. Electrical diagnoses and repairs are the inverse of mechanical. A mechanic may diagnose in a few minu

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John Crum discusses Wells Fargo Equipment Finance's Second-Half 2014 Construction Executive Survey, which reveals broad-based increases in construction activity compared to a year ago. More executives said they are seeing "somewhat higher" or "much higher" construction activity than at any time during the past five years. Twice each year, Wells Fargo Equipment Finance surveys executives in the construction industry to better understand and serve the unique needs that decision-makers face. In our Second-Half 2014 Construction Executive Survey we found more evidence that the construction industry has much to be optimistic about. Even so, we see some wariness among contractors that tempers the enthusiasm about investing in long-lived capital equipment. The general optimism and other positive indicators lead us to expect another solid year for the U.S. construction equipment market in 2015 with a continuation of the trend toward equipment rental. Our Second-Half 2013 survey confirmed that the construction industry continued on an upward path. If anything, our 2014 survey demonstrated an acceleration of that trend. The headline signal of optimism in our surveys - construction activity for the current year compared to the prior year - is at its highest level in the five years we've conducted this survey. Fewer executives see a contraction of activity than in the previous year, and the jump in the number of executives who see "much higher" activity levels is encouraging. About seven in 10 respondents (70.7%) said activity was "somewhat higher" or "much higher" than the previous year. In 2013, that percentage was 57.7%, and in 2012 it was 47.8%. In addition, only 9.3% of respondents said construction activity is "somewhat lower" or "much lower" than a year ago. In 2013, that percentage was 15.5% and 18.4% in 2012. Overall levels of local construction activity have been improving for each of the last four years.