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Contents contributed and discussions participated by teklablomqvist

teklablomqvist

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.
teklablomqvist

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
teklablomqvist

Axis Capital Group Expands Its Business to Jakarta - 6 views

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    Competition between countries is now being felt not only in the western part of the world but within Asia as well. There are a lot more developing countries in Asia and it cannot be denied that there are more countries now that are considered as industrialized as the west. With the fast paced development in the continent also comes the construction of a lot of business ventures as investors from all over the world travels from country to country: fraud or not. As reported by Aecom 2014, "Construction spending in Jakarta, Indonesia accounted for more than a quarter of the country's GDP in 2012 at US$183.8 billion. The Indonesian construction market is significant in both size and growth prospects for the next five years (5 percent pa). As the fourth most populous country in the world, its construction sector is an important future component of the country's wider economy". Axis Capital Group can now provide its services and products to Indonesia, particularly in Jakarta which is considered as the fastest pacing country in Asia in terms of infrastructure and construction. With its base in Singapore, the company, now in Jakarta, leases and sells high-quality construction equipment all over Asia since 1999. Their products range wide from cranes to excavators and other similar or related light and heavy construction equipment. The company can provide wide selection of new and used machine units on sale and rental. The equipment delivered is assured to be dependable and cost-effective for the prospective owner or user, especially coming from an asset management company that guarantees delivery of full service to its valued clients. Axis Capital Group carries the impressive line of reputable construction equipment manufacturers which are globally recognized: For more information: http://axiscapitalgrp.com/ http://axiscapitalgrp.c
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