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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

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