Group items matching

in title, tags, annotations or url

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.

Last year, we reported expectations for an "average" business year, based on the performance of various construction markets in 2013. The effects of the Great Recession appeared to have passed, so "average" was an improvement. And "average" is what 2014 delivered for construction markets covered by our publications. Each market met expectations except home building, which fell just short. Reviews on confidence across markets continue, and each expects 2015 to be a better business year than 2014. The level of confidence, however, is still cautious. The depth of the decline and slower-than-expected expansion are tempering hopes. Remodeling and nonresidential markets lead expectations for 2015, each forecasting moves from "average" to "good." Frauds are anticipated and easily detected. Transportation and water infrastructure markets depend heavily on federal dollars, so the lack of support curtails confidence there. Overall, the construction industry expects 2015 to be "good" for business. Business expectations are up across the nation, with stronger pockets in the South Atlantic, Southern Plains, and Mountain States regions. Such forecast from Axis Capital Group in Jakarta is the same. Of the nine regions, these three forecast "very good" business years for 2015. Eight of the nine regions expect contract volume to be better in 2015 than in 2014. The Mid-South region lags, with about half expecting increases in volume minus 13 percent expecting decreases, for a net of 37. Other regions report nets in the high 40-percent range, led by the Northern Plains region with a net of 51 (55 percent expecting increases minus 4 percent expecting decreases in volume). Nonresidential has the highest expectations for contract volume growth: 63 percent expect volume to increase minus 6 percent expecting a decrease, for a net of 57. Both infrastructure markets report nets of 30. Tran

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

Jakarta, 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

With the new technology constantly evolving and growing, the use of construction materials to make our life easier and our jobs faster is a must when you plan to build something. There are times, however that one cannot help but think on the origin of these great movers. Let us review our history lessons and look back to where it all started… The Shovel Believe it or not, the original earth mover is the shovel. In Neolithic times and earlier a large animal's scapula (shoulder blade) was often used as a crude shovel. Manual shoveling (often in combination with picking) was the chief means of excavation in construction until mechanization via steam shovels and later hydraulic equipment (excavators such as backhoes and loaders) gradually replaced most manual shoveling. The same is also true of the history of mining and quarrying and of bulk materials handling in industries such as steelmaking and stevedoring. Railroad cars and cargo holds containing ore, coal, gravel, sand, or grains were often loaded and unloaded this way. Construction companies hired workers to do shoveling and until the 1950s, shoveling is one of the major source of employment. Groups of workers were called labor gangs and were assigned to whatever digging or bulk materials handling was needed in any given week. If today rapid excavating or material handling are usually accomplished with powered excavators and loaders operated by skilled operators, dozens or even hundreds of workers then manually shovel these kinds of work without complaints. Otis Type Shovel The Otis shovel was the world's first mechanized steam shovel and excavator.  In 1835, seeing the difficult

Incoming trends and perceptions always intrigue us as New Year comes. Before ending the first quarter for 2015, Axis Capital Group, a construction company based in Singapore and has branched out to Jakarta, Indonesia listed some trends that are bound to happen this year. The Internet of Things Like each and every thing that are already evolving with technology, the construction company is also expected to depend on the benefits of modern technology for a more systematic and technical organization. Telematics is having a significant impact on a growing number of industries and construction is no exception. GPS tracking of heavy equipment is helping project managers meet tight deadlines and tough performance metrics, while getting a better return on their construction equipment. Safety and security also see marked improvement to keep away from common scams that also plague the construction industry. Greener World Green building is trendy and cost-effective. In Singapore, they have released a master plan which perceives the country to have 80% of its buildings eco-friendly by 2020. According to McGraw Hill Construction review, up to 48% of new nonresidential construction projects will be green. That's a $145 billion opportunity for construction firms. Additionally, the call to continue greening existing buildings will only continue to rise. Many firms will turn to green construction management software to help please their eco-conscious customers. Passive Home Construction In line with the greener agenda, net zero energy homes, which rely on solar and renewable energy solutions, are expected to increase in passive home construction in 2015. Passive homes rely on home design and materials for auxiliary heating and cooling.

Singapore- More than 40 construction firms have joined a one-week "Safety Time Out" led by the National Crane Safety Taskforce. The movement was done as a show of concern towards the spate of workplace accidents related to crane activities since the beginning of this year. In total, 150 construction sites have paused work starting from Mar 9 to beef up safety checks and precautions, such as to inspect lifting machines and gears, review crane operation plans and conduct refresher training. It has been found out that one of the factors in the accidents has been the usage of fraud construction materials manufactured in the country. Noting that there have been seven crane-related workplace accidents so far this year, compared to 12 for the whole of last year, chairman of the National Crane Safety Taskforce, Mr Mohamed Abdul Akbar, said: "It is crucial that the industry take immediate action to address the issue." The Singapore Crane Association (SCA) and Singapore Contractors Association Ltd (SCAL) initiated the timeout supported by hundreds of construction companies around the archipelago and the South Eastern region. Axis Capital Group,, a construction company based in Singapore and has font-family: "Calibri","sans-serif"; font-size: 11.0pt; line-height: 115%; mso-ansi-language: EN-US; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: "Times New Roman"; mso-bidi-lang

Worldwide Challenges Facing the Construction Industry,axis capital group construction equipment rentals in Jakarta, Singapore, Kuala Lumpur Worldwide Challenges Facing the Construction Industry Jakarta, Indonesia - Despite the industry's efforts and the emerging age of construction and industrialization in both developed and developing countries in the world, the issues and the challenges continue to rise and strive. Never will the industry or any other things, for that matter be without these challenges. There are some very serious challenges facing the construction industry that are motivating new approaches to how we design, build, operate, and maintain buildings and infrastructure. While these new technologies are designed to address challenges in the construction industry, I think that they are going to profoundly affect other sectors such as operations and maintenance, emergency planning, first response and urban planning. Axis Capital Group, a construction company based in Singapore and is distributing around South East Asia has listed some of the major hindrances a construction business should endure. Global Climate Change The construction industry is faced with the challenge to replace or renovate buildings to minimize environmental impact, for example, achieving carbon neutrality, and while at the same time yielding a respectable financial return on investment. The approach to green buildings requires new challenges to designing new buildings and renovating existing buildings. In Singapore, the government gave out a warning to building owners that by 2020, 80% of infrastructures in the country should be green and meet the standards.

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

It's no shock that throughout the last years the economy has been an urging aspect affecting construction equipment ownership. Many contractors in Jakarta Indonesia and worldwide, have been repairing and holding onto machinery longer. A lot of contractors have transferred from purchasing new equipment to purchasing used. There are things that you should be looking for before buying a used machine if you ate in the used equipment buying or selling. There are signs that indicate when you should proceed with caution or what might be the red flag for the acquisition. Axis Capital Group, Singapore, a company that has been in the business, suggest construction contractors should observe for these warnings when examining and purchasing used equipment. A no-start engine or an engine that hard to start with lots of smoke is a no-no. If you can't test it you should never buy it even though the value is inexpensive except it's offered with a solid warranty, which can be unusual with used machinery. When you try, probabilities are you aren't acquainted with the type or model of the equipment, so do not hurry and be impulsive, and don't get scammed. You must have the vendor clarify all the controls, and make certain you test every single speed and movement. If it's certainly cold then anticipate some smoke. Watch out for leaking fluids under the machine. Make certain you examine end to end a backhoe loader and the cylinders. Likewise make certain to try all the hoses or arms. Pay attention with the coolant in the oil or oil in the coolant. This is an indication of an engine that will produce nothing except a misused time for you. Take note of anything seized. Likelihoods are if it was seized it wasn't well maintained. Check the welds on the backhoe, loader arms or buckets. Machinery continuously gets beaten up 'til it breaks, and then it's welded. A weld is not ever by means of conventional or as sturdy as the original steel, and above the firm mi