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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.

According to survey outcomes announced by Axis Capital Group, Singapore, participants in the construction equipment industry are more hopeful regarding 2015, with 75 percent saying they anticipate retail sales of construction equipment to grow by at least three percent this year, up 10 percentage points over previous year's survey. Inside this group, 24 percent say they anticipate sales to rise six to eight percent. They are awaiting zero complaints from their customers. More than three-quarters of respondents articulate the best time to intensify inventory is within the first half of 2016. Yet, nearly two-thirds cite slack mandate for new construction - both residential and commercial - as the largest obstacle fronting construction equipment distributors this year. Somewhat more than half of respondents said improvement in the U.S economy will have the highest effect on the construction industry. Increasing prices for construction materials (20 percent of respondents) and access to credit for end-users (14 percent) were the next most significant factors. "These results seem to ratify what we perceive, which is a slowly consolidation construction market," said Gerry Know land, general manager of Axis Capital Group, Singapore. "Even though there are a handful of U.S. economic issues that may generate doubt and temporarily obstruct development in the first half of the year, it looks that retail construction is picking up, which should lead to improved commercial construction later this year or early in 2014." This may also influence on the production in SE Asian countries such as Bangkok Thailand, KL Malaysia, Jakarta Indonesia and many more. Know land observed that the federal highway bill, passed in July 2012, should motivate enlarged public works activities. Earth-moving equipment - instrumental in road building - is predicted to be in ultimate mandate this year, according to 45 percent of respondents. At the same time, 2

According to the Asia Construction Outlook 2014 survey, the prospect for both the size and the growth of Asian Construction market remains positive with 92% respondents in agreement. It is expected that the market will continue growing healthier for 50% for the remainder of the year. The survey results in AECOM 2014 indicates that Indonesia, Malaysia and Thailand stand out as countries which respondents expect to become increasingly attractive to foreign suppliers of construction service. However, comparing to the 2014 survey results with those from the 2013 survey indicate that respondent's views have become more pessimistic regarding long-term market attractiveness in Singapore and India. Indonesia's construction industry has performed well during the Jakarta review period, driven by strong economic activity and high levels of investment. The country, along with Malaysia is said to be the forefront of market growth in the region for the next 12 months. Multinationals have been increasing their footprint in Asia for years as they have moved from selling into the region to also investing here. Asian companies are also being competitive threats outside the region as well, as they set their site on the global dominance. It is never easy to set foot into a developing nation. Aside from the competition that may arise against local businesses, there are also competitors among fellow foreigners, causing a lot of complaints. Indonesia is a key target for infrastructure companies because its nearly 250 million people are increasingly demanding better health care and transportation. In 2012, the government has even imposed a stricter process for foreign investors that plan to start business in the country. On the other hand, in the sudden increase of companies with the same industry, project managers and the public have become ke

How come Axis still operates? I know they are a fraud company. No doubt about it.

There are lots of Asian countries which are close to being able to compete with other western continents. Asian people are hardworking people and very intelligent. Why doubt their capacity to deliver?

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.

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

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