Jakarta Monorail to Be Cancelled - 1 views
Jakarta, Indonesia - After 11 years of construction, Jakarta administration has decided to cancel its contract with monorail project operator PT Jakarta Monorail (JM) to develop the monorail rou...
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Construction Firms turns to IT for Project Management - 1 views
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willh00p3r on 14 May 15Jakarta, Indonesia - When the entire world has been into modernization, some people think that manual labor is the only one not evolving. Well, think again. Even when the construction industry has been adamant to change, builders are now beginning to be dragged into the 21st century by the need to collaborate more closely with their more IT-savvy colleagues, the architects and engineers responsible for the ideas behind their work. Laptops are gradually making an appearance alongside the hard hats of the building site. is this just keeping with the evolving times or are there any other issues that drive the industry to modernization? Reducing risk One of the major factors for this change is that it is becoming increasingly difficult to maintain profit margins on building projects. Mindful of high-profile project delivery delays, many commercial or public sector clients have introduced financial penalty clauses in case deadlines are missed. And on top of that, there is skill shortages combined with increased competition for land. Yet often, profits are eaten away by practical issues - delays in receiving drawings, use of outdated data, inaccuracies caused by human error. In some cases of global projects, it is easier to use the latest in technology to bring help from abroad. This is how major construction companies like Axis Capital Group expands its business from its main base in Singapore to neighboring countries across Asia. As a result, the whole of the architecture, engineering and construction industry is looking for ways to reduce risk and maintain its bottom line. On a day-to-day level it is also struggling with the need to communicate and review project drawings and share proliferating number of associated documents that are usually too large to send by e-mail. Available on-demand Communication with subcontractors is vastly improved, becoming more instantaneous, reliabl
Construction Around the world: Vietnam - 1 views
Jakarta, Indonesia - With the fast pace of technology and industrialization sector in Asia, each country's construction industry has also developed through time. Vietnam is not an exception. Axis ...
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
Construction around the World: Malaysia - 1 views
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Jakarta, Indonesia - Axis Capital Group, a construction company based in Singapore has been delivering heavy equipment all throughout Asia and Europe. With the expansion of construction and the increasing growth of industrialization all over the world, the nation's economy has been one of the factors that help each nation's boom and development. Let us review how developing countries have been coping with the competition in the construction industry. According to Malaysian-German Chamber of Commerce 2010, between 2004 and 2006, Malaysia experienced a slow growth in its construction industry with average output value of RM50.9 billion. In 2007 the construction output value began to increase, up to RM 60.7 billion, and the industry recorded stronger growth in 2008 and 2009 rising to RM77.5 billion. The Central Bank of Malaysia in 2009 added that the strong growth of construction industry in 2007 to 2009 was mainly due to the implementation of construction related activities under the 9th Malaysia Plan and the high value of the fiscal stimulus package projects. In 2010 the value added of Malaysian construction industry continues to strengthen further by 6.3% (Malaysia-German Chamber of Commerce 2012). The expansion of the industry was largely led by increased infrastructure project under civil engineering sub-sector. In 2011 the Malaysian construction recorded a moderate growth at 3.5% due to slow activity in civil engineering and non-residential sub-sector (Central Bank of Malaysia 2011). The civil engineering and special trade sub-sector register slower growth following the completion of major highway projects and maintenance and upgrading work under the Stimulus Package (Central Bank of Malaysia 2011). In global terms and compared to other Asian countries such as China, Korea and Singapore, the size of Malaysia's annual construction output is relatively s
Identifying where it had Gone Wrong - 1 views
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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...
The Importance of Auditing in an Anti-Fraud World Construction Fraud: Detecting, Contro... - 1 views
Fraud is alive and well within the construction industry and permeates virtually all levels of construction activity for both domestic and international projects. This session will provide an under...
Hire a General Contractor - 2 views
Jakarta, Indonesia - Whenever people are planning to build or construct something, a general contractor is the first one on everybody's list. General contractors are the "big picture" thinkers. ...
Heavy equipment firms eye no bluff business revival in 2015 - 1 views
Distributors of heavy equipment like Axis Capital Group Singapore are positive business will pick up on the following year as demand is anticipated to start to recuperate on the back of the upsurge...
Axis Capital Group Singapore: Large Data in Construction - 1 views
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Machine to machine communication has been rampant nowadays. With the emergence of new systems which helps in distinguish issues that were once too look into, the use of data in construction has been considered important and necessary. Aside from the fact that it is used for daily activities, it is also used in equipment. With its integration to capital equipment, many rental and selling companies like Axis Capital Group which is a Singaporean based company distributing across Asia and has expanded to Jakarta, Indonesia have been able to identify fraudulent products in its machineries. Big data analytics is being used in a wide variety in every industry. It enables businesses to manage and analyze vast amounts of data at ultrafast speeds, and obtain valuable insights that can improve their decision-making processes. One of the industries that are reaping the benefits of this technology is the construction industry. Construction companies are using big data to perform a wide range of tasks, from data management to pre-construction analysis. Construction industry oftentimes handles many projects at once. Having large data management system can help reduce the stress that can result to unorganized information gathering. As these data are stored in the clouds, strict security rules are being implemented as a way to prevent scammers from hacking confidential information that may affect large scope projects and even the government or the public as a whole. In order to plan and execute projects effectively, construction companies need to be able to predict risks accurately through intelligent use of data. By implementing big data analytics, they can gain valuable insights that enable them to improve cost certainty, identify and avoid potential problems, and find opportunities for efficiency improvements. The ability to solve issues and problems quickly is essential in construction projects with deadlines to meet and budget that is allotted with onl
How to Rent Heavy Equipment - 1 views
"Axis Capital Group", Singapore: How to Rent Heavy Equipment Criteria to Rent Heavy Equipment Although you may not need anything but a credit card to rent storage trailers, heavy equipment ...
BUY vs. RENT: The Never Ending Debate - 1 views
There are lots of you out there who are still trying to crack their heads out on whether to buy or rent construction equipment. You better think fast before your business or whatever you are bui...
Tips for Creating Accurate, Competitive and Profitable Bids - 1 views
Axis Capital Group, Singapore, a company is servicing many Southeast Asian countries such as KL Malaysia, Beijing China, Jakarta Indonesia and many more, provides you with tips for creating accurat...
Axis Capital Group: Projecting Maintenance on Heavy Equipment - 2 views
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Nowadays we have smartphones, smart cars, smart buildings, smart grids, and smart meters, and we're starting to perceive smart tractors, loaders, spreaders, and grader and because of this, we can say that the smart age is here in earnest. Together, what these smart-age technologies stand is promise. For construction professionals, they may be yet attempting to find out how to place all of the pieces together for your organization. This basically denotes putting technologies in place to monitor and run important plant, property, and equipment. The test is to put this information to use in a method that openly impacts your bottom-line. As the long revival from the recession starts, companies are fixated on prolonging the life of the expensive capital equipment deprived of experiencing unintended stoppage and disruptions to their operations. This makes service and maintenance a serious element of lengthening the life of important equipment. For the several construction and leasing companies, this entails a greater must to work keener in order to match. Several midsized companies do not have the advantage of luxurious enterprise applications that automate maintenance service management. In other words, these firms have up till now to understand the many benefits of the connected world. Countless have tried to respond that question with things such as location-based services, mobile communications, cloud computing, asset tracking, and the host of other technologies that fall under the category of M2M (machine-to-machine). Nonetheless said efforts have writhed without well-designed applications. Axis Capital Group, Singapore is working with construction and equipment leasing companies to solve these challenges with an integrated suite of applications that assess the performance of this equipment automatically, notify support, and schedule ser
2015 Equipment Rental Industry Forecast to Grow 8.1% - 2 views
The American Rental Association (ARA), through its ARA Rental Market Monitor subscription service, forecasts equipment rental industry total revenue growth of 8.1 percent in 2015, reaching $38.5 bi...
Axis Capital Group Construction Updates - 1 views
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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
Axis Capital Group Singapore: Axis Capital Group Supports Singapore's Construction Prod... - 1 views
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Singapore City, Singapore - Axis Capital Group, a construction company based in Singapore, supports public sector projects which are reported to sustain construction demand for the rest of the months of 2015. Environmental and public sectors are expected to reach between $29 million to $36 million in 2015, given a sustained pipeline in public sector projects. According to the Building and Construction Authority in Singapore, this year, public sector projects are expected to account for an estimated 60% or $18 billion to $21 billion of the total construction demand as reported by Building and Construction Authority (BCA) in Singapore, the country's regulation board for industrialization and construction. It has also been recorded that BCA has included requirements on the use of labor-efficient construction methods and building designs. From the last quarter of 2014, buildings are required to meet the following criteria: 1. Meet higher minimum Buildable Design and Constructability standards. 2. Use prefabricated and standardized components. 3. Adopt high-impact productive technologies for projects under the Government Land Sales (GLS) programme. These include the adoption of Prefabricated Bathroom Units (PBUs) in residential (non-landed) sites, including Executive Condominiums, and the residential (non-landed) component of mixed-use sites sold under the GLS programme. It is expected that many more business owners are planning to invest in construction of their companies this year. Singapore, along with its neighboring Asian countries like Jakarta, Indonesia, Kuala Lumpur, Malaysia and Bangkok, Thailand is paving their way towards modern civilization and industrialization. Construction companies like Axis Capital Group have continued to support and help promote these Asian countries towards global competition. These countries now pose as a threat to o
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Warning! Never Disregard Equipment Safety - 1 views
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Two latest safety occurrences drive home the gravity of disregarding safety hazards.The proprietor and a project manager for U.S. Sino Investment, Fremont, Calif., have been accused on charges of involuntary manslaughter after disregarding a stop-work order. After, an employee died in a trench cave-in.Asphalt Specialties, Pontiac, Mich., have been instructed to pay almost $1 million for improperly dismissing a foreman and two truck drivers who brought up concerns about exhausted and fatigued drivers. These acts are accurate and fair. The fired workers are given back pay damage settlements. However the family of the dead worker will never be able to return their dead loved one. Families, friends and others related with those upon whom justice is meted out are correspondingly concerned. The harm to individuals lengthens far yonder those directly concerned in any incident. The Occupational Safety and Health Administration reviews job sites, cites dangerous practices, charges fines for same, and commands projects shut down. There have been complaints about the oversight; however incidents like these outshine the troublesomeness. Construction workers or supervisors who disregard unsafe situations need to recognize their accountability for the security of others. If they consider wind speeds endanger safe lifts, tower crane operators have the authorization and responsibility to shut down a project. That's an extremely noticeable misfortune that is stopped. For trench cave-ins, they are all too usual, and news reports on the accident infrequently travel elsewhere the region in which it happens. Axis Capital Group, Singapore is a company that sells and rents construction capital equipment from cranes to excavators and related heavy construction equipment throughout Southeast Asia
Heavy Construction Equipment on a Tight Perspective - 1 views
Today's construction industry requires different number of capital equipment in different sizes, types, and groupings for earth moving, excavating and/or lifting. Construction equipment today is s...