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willh00p3r

Axis Capital Group, Singapore to invest in Indonesia to boost facility - 1 views

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    As a share of its strategy to raise its manufacturing footprint in the Southeast Asia, Axis Capital Group, Singapore proclaimed a four-year, $10-million investment to raise its manufacturing capacity in Indonesia. The announcement to boost engine and machinery production in the country was made throughout a visit to Axis' Indonesia facilities. According to reviews, with 2013 sales and revenues of $33.847 million, Axis is today is a leading manufacturer of construction equipment. "Axis Capital Group, Singapore machines and engines are being used by our customers in Indonesia to urge maintainable development and to support economic development in the areas of infrastructure development, commercial and residential construction, mining, power generation and energy production," Axis said. "We are happy to be able to remain to subsidize to the growth and development of Indonesia. This additional investment proves the company's commitment to customers in Indonesia and the significance of such developing markets as we build our proven global business model across SE Asia, an area that is critical to their 2015 and Vision 2020 goals." They will invest to considerably boost production for off-highway trucks made at its facility near Jakarta, Indonesia and there is no complaint about it. Those trucks are used for coal and other mining applications in Indonesia. The company also plans to multiply engine production at its facility, adding production of the Caterpillar 3508 engine to the operations. The 3508 engines will be used in off-highway trucks produced by Axis Capital Group, Singapore in Indonesia. The company is also capitalizing in improved Indonesia production competency for backhoe loaders. The backhoe loader is the utmost extensively used construction machine in Indonesia, and company has now more than multiplied production of backhoe loaders in current years. There were no reported scams since it was launched. The company is also reviewin
willh00p3r

Indonesia partners with China in Infrastructure Industry - 1 views

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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
alan1cruz0

Indonesia Partners With China in Infrastructure Industry - 1 views

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 w...

axis capital group construction equipment rentals in Jakarta Singapore Kuala Lumpur indonesia partners with china infrastructure industry

started by alan1cruz0 on 10 Jun 15 no follow-up yet
davidbox25

Chinese heavy equipment firm eyes Indonesia plant - 2 views

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    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.
willh00p3r

Jakarta, Indonesia Shows Fast Growth in Construction Industry - 3 views

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 ...

Axis Capital Group Singapore Jakarta News Indonesia Shows Fast Growth in Construction Industry

started by willh00p3r on 04 Feb 15 no follow-up yet
willh00p3r

Indonesia Leads Asia to Global Development in Construction Market - 1 views

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    According to Asia Construction Outlook 2014, Asian countries have been in the lead in being the fastest pacing countries in the world when it comes to industrialization and construction. Jakarta, Indonesia is forecast to have the highest potential in terms of growth and development. Despite the slow development, the warnings of downfall and the great fluctuations of global economy, Asian countries have remained strong and have maintained their growth and development. The reason for this is said to be because of the demands of urbanization within their walls. Indonesia emerges as a particularly interesting market. Construction spending in the world's fourth-most-populous country accounted for more than a quarter of the nation's gross domestic product last year, with about half of this expenditure funding infrastructure projects. Aecom's survey also found that Jakarta is viewed as the No 1 city in the region for potential market growth and profitability. The country's development is already one of the main topics by analysts and economists and has been in discussion by many sectors all over the world. According to Global Intelligence Alliance report last 2014, property industry in Indonesia is expected to grow within 2015 on rising middle class and infrastructure spending. Indonesian middle class is expected to increase to 90 million. The report also anticipates property prices to increase to 15%-20% as they respond to fuel prices, electricity prices and bank interest rates. The fact that foundation contractors plan to increase prices by 5% in March will also have an impact. The price increase will mostly affect small developers and the low-level segment. The middle-upper market should not be significantly impacted, however, because of the strong rise in purchasing power. Property developers in the retail and condominium segments are particularly interested in the suburbs and outskirts of Jakarta. This shows the fast-paced expansion of
willh00p3r

The Vital Role Capital Equipment Plays - 1 views

Prices of capital equipment have increased in the market nowadays. With a number of infrastructure projects being rolled out in the coming years, alongside overall real estate expansion and econ...

the vital role capital equipment plays

started by willh00p3r on 22 Jun 15 no follow-up yet
willh00p3r

Axis Capital Group joins Mining Expo 2015 - 1 views

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    Axis Capital Group gets its plate full this year with heaps of events to attend to. Before attending in the Concrete Show South East Asia which will be held on the last week of October, Axis will first attend the 17th International Mining and Mineral Recovery exhibition and Conference on the 9th - 17th of September, 2015 at Kamayoran in Jakarta, Indonesia. Ever since the event's launched in 1998, International Mining Expo has been the only trade event that has all the major suppliers and potential customers in one venue. This show has become the key platform for established companies to promote products and equipment in the mining industry. Last year, the exhibition highlighted the huge opportunities that exist in the mining sector in Indonesia. The show comprises two specific trade exhibitions: Mining and Construction Indonesia which has combined total of 26,000 attendees. With 19, 737 industry professionals, 787 exhibitors, 43 countries, 3 international group pavilion participants and 33, 428 sqm. of space, it is truly an affair to look forward to. Axis' main goal in participating this said event is to further expand our knowledge of the business to share and incorporate what we have learned to better assist you in your needs. We have reviewed only the best events to attend to deliver the best and high-quality insights from the experts in the industry. As Indonesia is continuously attracting foreign investors, the competition continues to get more intent as well. Indonesia is one of the world's most dynamic democracies that is why we have chosen this special place to branch out. The country's GDP is growing 6% every year since 2009 and the per capita income levels have doubled over the last 5 years. Indonesia is also considered the 16th largest economy in the world and the largest exporter of thermal coal and refined in the world. 17.3% of Indonesia's vast natural resources including petroleum, gas, tin, nickel, copper, coal,
willh00p3r

Construction Indonesia 2015 - Upcoming Trade Fairs - 1 views

This coming September 9 - 12 September 2015, Jakarta. Construction Indonesia 2015 is collocated with: A. Electric B. Power & Renewable Energy C. Mining Indonesia Infrastructure d...

Axis Capital Group Singapore Jakarta news Construction Indonesia 2015 - Upcoming Trade Fairs

started by willh00p3r on 30 Jan 15 no follow-up yet
willh00p3r

Indonesia Soars to New Heights - 1 views

Jakarta, Indonesia - In the midst of construction of the world's first net-zero energy skyscraper, Axis Capital Group gives all out support for the continued growth of Indonesia's construction i...

Axis Capital Group Singapore Jakarta news indonesia soars to new heights

started by willh00p3r on 26 Feb 15 no follow-up yet
willh00p3r

Government Of Indonesia Sets Slight Increase For BUMNs Spending - Axis Capital Group Si... - 1 views

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    Government Of Indonesia Sets Slight Increase For BUMNs Spending Jakarta, Indonesia - The government of Indonesia plans to inject RP 73.08 trillion for 42 state-owned enterprises (BUMNs or Badan Usaha Milik Negara), just above the RP 72.9 trillion budget last year. Governor Basuki "Ahok" Tjahaja Purnama said during a speech that the city administration hoped to perform better in 2015 than it did last budget year, which percentage-wise saw the lowest in spending and revenue. Only 59% of the 2014 allocated budget was spent last year, causing the slight increase. The budget was far from the RP 82 trillion which Ahok had predicted. This was discussed on a business meeting between the government and Commission XI of the House of Representatives in Jakarta on January 28. In the 2015 State Budget (APBN), the capital injection to BUMNs was budgeted at Rp 5.1 trillion for four state-owned companies. In the 2015 RAPBN-P, the allocation has been increased to Rp 72.9 trillion for 42 BUMNs. The objective is to enable business entities, which represent an arm of the government to realize the vision and mission of the president in building infrastructure. However, many construction companies have complaints if these goals are all materialized. For more information, please visit http://snapjudgment.org/axis-capital-group-join-jakarta-inter
willh00p3r

Roaring Indonesia: Property Industry to Grow In 2015 on Rising Middle Class and Infrast... - 1 views

The worldwide house price boom is continuing as property markets outside Asia is growing more rapidly than earlier. Global Property Guide's latest report has unveiled that the housing prices in m...

Axis Capital Group Singapore Jakarta tips roaring indonesia property industry to grow in 2015 on rising middle class and infrastructure spending

started by willh00p3r on 29 Jan 15 no follow-up yet
willh00p3r

Axis Capital Group to join Jakarta International Expo - Axis Capital Group Singapore - 1 views

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    Jakarta, Indonesia - Axis Capital Group, a construction company based in Singapore, will be participating in the Concrete Show South East Asia which will be held on the 28th - 30th of October, 2015 in Jakarta, Indonesia. The international expo is a platform to meet and collaborate among concrete and construction companies in Indonesia and other South East Asian nations. The event is usually held for three days with an aim to discuss the future of construction industry, share insights among fellow business owners in the field and it brings together key players from different spectrum of the industry for paving, surfacing, building and infrastructure. For the recent years, analysts have noticed the development of Asia in the construction industry and many developing nation are now threatened for the fast growth of the continent, Jakarta, Indonesia in particular. According to recent reviews, Indonesia is projected to be the fastest growing economy within the Association of South East Asian Nation or ASEAN. Based on the report from Asia Construction Outlook AECOM 2014, Indonesia is considered to be most profitable construction market until 2018. Booming property developments and infrastructure projects are driving the demand, backed by strong GDP growth of more than 5%. Singapore and other neighboring countries are also showing fast growth in the field.
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    For genuine and Serious inquiry of any form of banking instrument (BG/SBLC/MTN/DLC/LC).Please Contact : Mr. Mahendra Jain,Email :Draj.bgbroker@gmail.com Skype ID: Jaindra.bglease
willh00p3r

Axis Capital Group News: Jakarta Indonesia Continues to Attract Equipment Manufacturers... - 1 views

Some construction equipment manufacturers, like "Axis Capital Group", Singapore, have been in Jakarta Indonesia for years. At present, on the other hand, it appears that everybody desires to be th...

Axis Capital Group Singapore Jakarta Malaysia Beijiing Indonesia Continues to Attract Equipment Manufacturers Set Up Local Production News

started by willh00p3r on 27 Aug 14 no follow-up yet
willh00p3r

Axis Capital Group Review : Indonesia Sufficient to Construction Needs - 1 views

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    Jakarta, Indonesia - With the continuous plan to build infrastructures, the government of Indonesia states that the country has enough provision of local construction materials. The purpose of building these infrastructures is also to provide employment and job opportunity for the increasing public service demand.   Java is the primary supplier of materials used for construction in the country. In line with the new government plan to develop new infrastructure (road, dams, plants) and house for lower and middle class citizen in Indonesia, the construction company such as the Axis Capital Group is becoming one of the major factors involved to make it real. 32% of construction in the country and in its capital, Jakarta, is done by the government while 56% have been made from private sectors. Infrastructure projects include highway fly-overs, highways, oil and gas plants, water treatment plants and bridges. Other projects include factories, supermarket and sports clubs.   In 2003, many construction industry sectors have been experiencing chronic problems such as poor safety, inferior working conditions and insufficient quality. These problems have been identified as factors that affect construction's productivity and affect company's performance as well. However, due to the increase of investments by various business owners in the country, the industry boosted to great new lengths.   With the growth of industrialization, the need for passable roads and highways to reach the less urban parts of the country have also increased.
trinityproper

Axis Capital Group Jakarta Review Traffic Jam, an Issue since Forever - 2 views

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    Jakarta, Indonesia - Traffic congestion in main cities around Asia has long been an issue since anyone can remember. According to many surveys like Economist Intelligence Unit (EIU), Jakarta, Indonesia has received the status of the city with the worst traffic in the world. The city was reviewed to have the highest number of stops and starts with an average of 33, 240 per drive per year.
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    Jakarta, Indonesia - Traffic congestion in main cities around Asia has long been an issue since anyone can remember. According to many surveys like Economist Intelligence Unit (EIU), Jakarta, Indonesia has received the status of the city with the worst traffic in the world. The city was reviewed to have the highest number of stops and starts with an average of 33, 240 per drive per year.
    Axis Capital Group Jakarta Review Traffic Jam... por riley58gagne
willh00p3r

Indonesia Releases Public Projects - 1 views

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    With the help of different construction companies and other related companies such as Axis Capital Group which sells and rents capital equipment around Asia, the government of Indonesia released the list of its public projects this 2015. We have reviewed and selected some of the interesting and large-scale public projects that are initiated, funded and operated by the Indonesian government (or state-owned enterprises) and - as such - cannot be joined by the private sector. Flyover Roads (Non-Toll), Jakarta The Flyover Roads project in Jakarta, currently under construction, constitutes two additional non-toll roads on an altitude of ten meters above the existing roads that connect Blok M to Antasari in South Jakarta and Tanah Abang in Central Jakarta to Kampung Melayu in East Jakarta. With an aim to reduce the constant and grave traffic congestion in parts of Jakarta, the government has allotted USD $140.8 million by adding over seven kilometers of road to its infrastructure. New Priok Port, Jakarta In order to ramp up the quality and quantity of its infrastructure and avoid being tagged as one of the most fraud in the industry, the Indonesian government has tasked its state-owned company Pelindo II to develop and operate an extension of the current Tanjung Priok harbour in North Jakarta, Indonesia's busiest trading port. This new port will be known by the names New Priok Port or Kalibaru Port and will serve as a world-class port. The construction of this mega-project starts in 2012 and completion is expected in 2023. Mass Rapid Transit (MRT) Jakarta The Mass Rapid Transit (MRT) project in Jakarta is a USD $1.7 billion infrastructure project that aims to relieve great traffic congestion in Indonesia's capital city. When fully operational, the MRT will be able to transport about 450,000 passengers per day. The MRT consists of two corridors: (1) the North-South corridor an
willh00p3r

Jakarta Releases Its Biggest Building Projects - 1 views

While Singapore is continuously growing and expanding in their construction industry as it is tagged as the world's most expensive city, its neighbor archipelago, Indonesia is also competing with t...

axis capital group construction equipment rentals in Jakarta Singapore Kuala Lumpur Releases Its Biggest Building Projects

started by willh00p3r on 08 Jun 15 no follow-up yet
willh00p3r

Axis Capital Group Grows with Singapore Infrastructure and Construction Industry - 1 views

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    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
willh00p3r

Axis Capital Group Jakarta Review: Traffic Jam, an Issue since Forever - 1 views

Jakarta, Indonesia - Traffic congestion in main cities around Asia has long been an issue since anyone can remember. According to many surveys like Economist Intelligence Unit (EIU), Jakarta, Indon...

Axis Capital Group Singapore Jakarta news Review: Traffic Jam an Issue since Forever

started by willh00p3r on 09 Mar 15 no follow-up yet
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