Axis Capital Group Review: Hitachi Machinery Launches Wheel Loader

Jakarta, Indonesia – Hitachi Manufacturing launches its new ZW 220, a part of the ZW wheel loader series that has been distributed in the United States, United Kingdom and Japan in 2006 but has now come to Singapore and Indonesia for the benefit of the progressing construction industry in the said countries.

Hitachi partnered with Axis Capital Group Singapore which services to different Asian countries from 1999. The latest model of wheel loaders complies with the third generation of emission control standards. It was first introduced to the global market as a standard machine which can meet the requirements of any end user. Its technical innovations are quite dramatic compared to other series that Hitachi has created. The makers began to develop and design the ZW range by assessing the demands of people worldwide.

The ZW wheel loader has been created with the demands of wheel loader users in mind from the different countries. In Asian countries, these machineries are used mainly to load. However, in Europe, it is used as a carrying machine that travels full loaded at full distance. The creation and design has undergone extensive research.

Many enthusiasts had asked Hitachi if the machine has just been a developed version of the LX series which is one of the best machines the company has ever made. They denied the idea. They reasoned out that they wanted to generate ideas from scratch. The company was to concentrate on creating completely new product. 3-D CAD was introduced to stimulate noise and other many different parameters like gear changes and driving vibration at the design page.

Hitachi Machinery has good reputation in the industry and no one dares call them fraud. Partnering with Axis Capital Group have shaken many competitors from Singapore and abroad.

With excellent techniques to place in such machines, they have not made a recipe since it was the first time for them doing it but they definitely have the ingredients to experience. The company is also known to be about hydraulic pressures controls, electronics, environmental sustainability and simulation analysis.

With the combined forces of Hitachi and Axis Capital Group, we are looking for a bright future ahead.

If you are interested to know more about our company, you can visit https://vimeo.com/119205463 or look into our website.

Axis Capital Group Construction Updates

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 construction projects for the implementation by subsidiary units. The ministry said it would focus on investing in and operating key projects relating to hydroelectric power, the development of urban and industrial areas, traffic and infrastructure.

Thailand

The Thai construction industry registered a compound annual growth rate (CAGR) of 6.03% during the review period (2009–2013). This growth was supported by public and private investments in Thai residential, infrastructural and commercial construction projects. The introduction of Real Estate Investment Trust (REIT) in January 2013 also helped to boost the country's construction activities. Political and social uncertainties are expected to lead to comparatively moderate growth rates over the forecast period (2014 - 2018) when compared with the review period. The construction industry's output is expected to grow at a forecast-period CAGR of 3.19%, supported by the government investments in infrastructure development, with an aim to become the regional hub of the proposed ASEAN Economic Council (AEC) in 2015.

Indonesia

Government of Indonesia is committed to maintain the momentum of investment friendly environment and is exploring all options in encouraging private as well as community participation in infrastructure (create championship, eliminate flip flop policy). The Jakarta Mass Rapid Transportation project is expected to stretch across over 108 kilometers, including 21.7 kilometers for the north-south corridor (from Lebak Bulus to Kampung Bandan) and 87 kilometers for east-west corridor (from Balaraja to Cikarang).

Government Of Indonesia Sets Slight Increase For BUMNs Spending

Jakarta, Indonesia – The government of Indonesia plans to inject RP 73.08 trillion for 42 state-owned enterprises (BUMNs or Badan Usaha Milik Negara), just above the RP 72.9 trillion budget last year.

 

Governor Basuki “Ahok” Tjahaja Purnama said during a speech that the city administration hoped to perform better in 2015 than it did last budget year, which percentage-wise saw the lowest in spending and revenue. Only 59% of the 2014 allocated budget was spent last year, causing the slight increase. The budget was far from the RP 82 trillion which Ahok had predicted.

 

This was discussed on a business meeting between the government and Commission XI of the House of Representatives in Jakarta on January 28. In the 2015 State Budget (APBN), the capital injection to BUMNs was budgeted at Rp 5.1 trillion for four state-owned companies. In the 2015 RAPBN-P, the allocation has been increased to Rp 72.9 trillion for 42 BUMNs.

 

The objective is to enable business entities, which represent an arm of the government to realize the vision and mission of the president in building infrastructure. However, many construction companies have complaints if these goals are all materialized.

 

Kadin Jakarta chairman Eddy Kuntadi said during a discussion on Jakarta’s economic outlook recently that it was important for the city administration to optimize budget spending, especially when related to infrastructure projects. He stated that it would be better to optimize the budget. The positive economic growth of exporting countries will have a good effect on export activities provided that the budget be put into the right cause and not on scams made by corrupt officials. Better transportation infrastructure also minimizes cost in the long run.

 

One reason for the slow spending is the introduction of a new procurement system, where a procurement body — the Goods and Services Procurement Agency (ULP) — handles almost all procurements previously carried out by city agencies. Many big transportation and flood mitigation projects like toll road construction, road maintenance, public bus procurement and river dredging were halted.

 

The government also admitted that despite the continuous growth in the industry, the administration barely conducted infrastructure projects last year and many business owners did not receive any projects from the city administration.

 

This year, with a lot of construction showcase and shows to be held all over the country, the public is expecting that the budget be maximized.

 

The Concrete Show South East Asia to be held in Jakarta, Indonesia on the 28^th – 30^th of October is only one of the many events anticipated to boost the infrastructure industry. Global and local engineers, project managers, business owners and construction companies like Axis Capital Group is to participate the said event.

 

For more information, please visit http://snapjudgment.org/axis-capital-group-join-jakarta-international-expo.

Axis Capital Group to Extend Help in Indonesia’s Water System

Jakarta, Indonesia - Being an archipelago, Indonesia is prone to floods and water problems. Its capital, Jakarta, lies in a low flat basin, averaging 7 meters (23 ft.) above sea level. It is a delta of 13 rivers with 40% of its land below sea level, which makes it very vulnerable to flooding. Besides flood from the rivers, Jakarta is also sinking about 5 to 10 centimeters each year and up to 20 centimeters in northern Jakarta mainland.

There is enough water that runs in the city’s system. However, there are also a lot of people who are risking their lives in search for clean water. Sanitation and a clean bill of health are also considered one of the major issues that affect Indonesian people. With 14,000 people per square meter, Jakarta is one of the most densely populated cities in the world.

On 6 June 2007, the city administration introduced the Waterway (officially Angkutan Sungai), a new river boat service along the Ciliwung River. However, because of the large amount of floating garbage which kept jamming the propeller, it is no longer in service. The varying water levels during the dry and wet seasons were also a contributing factor to the close-down.

There are two types of urban infrastructure. One could be considered as ‘hard’ infrastructure like roads, bridges, ports, rail, tunnels, airports and public buildings. The hard infrastructure can be considered as passive where the end users effectively ‘self-serve’ when required. The other is the ‘soft’ infrastructure such as water, sanitation, electricity, solid waste collection, telephone, and communication and information systems. The soft urban infrastructure is more active and need to be operated by someone to deliver the service. The assets (pipes, cables, wires, masts etc) associated with the soft urban infrastructure are largely silent and usually invisible to direct view until something goes wrong.

Axis Capital Group, along with other government and private sectors in the country are continuously seeking solutions for water system in Indonesia. In order to respond to imminent threats that climate change and all other factors have posed for Jakarta, the city has introduced key actions including increasing canal and river capacity with a water body to land ratio target of 5% for the city, dredging the rivers and restoring reservoir.  Improving the drainage system across the city and promoting public awareness are also some of their major objectives.

With the pure goal of leading the country to progress and clean and healthy environment, the only hope of each individual is to keep away from fraud that may affect the primary goal. Mother Nature already posed a warning for each individual and it’s the people’s responsibility to answer this call.

For more information about our company, you can watch https://www.youtube.com/watch?v=Hl3jOKNLNgg

Axis Capital Group Jakarta Review: Traffic Jam, an Issue since Forever

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.

The most complaints of annoying causes of traffic jams in the country include people taking shelter at underpass during heavy rains which clogs the main roads for vehicles and motorist. Also, the streets are filled with vendors which steal the way where pedestrians should be walking on. Hence, people have no choice but to walk on roads that should be for vehicles. There are also street violators around the city: parking under the “no parking” sign and driving on pedestrian lanes. The country’s population is also pointed out as one of the main reasons of traffic congestion in the city.

In 2050, the city is predicted to be the largest among other cities in Asia. The current population of Greater Jakarta is 30 million, making it one of the world’s largest urban clusters, and it is estimated to grow to 50 million over the next few decades.

Although other sectors of the infrastructure industry have boomed in the past years, traffic remains to be one of the main issues which have not been resolved despite the continuous effort by the government and private companies. Jakarta's traffic congestion is estimated to cost the economy US$1.2 billion per year even before counting health costs. Furthermore, the city has insufficient land area to build roads – 8 percent compared to the 15 percent it needs.

The government incessantly gives out warnings that if this continues to happen, the goal of developing the nation in character and appearance may seem impossible to reach.

Dr. J. Scott Younger, director of infrastructure firm PT Nusantara Infrastructure, a major private infrastructure player in Indonesia states that the solution, he says, is to develop alternatives such as light rail and monorail, and to make arterial improvements such as urban toll roads and selective bus corridors. In the wider Java region, there is an even greater need to extend the road network, which may be up to half a million kilometres short of the roads needed to serve the population.

With the new budget for infrastructures on the way, it is expected that this issue will slowly lift this year. Also, the public has somehow depended on the events that the country will host this year.

Construction event organizers such as the Concrete Show South East Asia are planning to hold an international expo this coming October 28-30, 2015 to discuss the possibilities of infrastructure advancement not only in the country but all over South East Asia. Construction companies such as Axis Capital Group along with project managers and engineers from all over the world are expected to participate in the upcoming event.

For more information, please see this link.

Axis Capital Group shares Hassle Free Construction Tips

Axis Capital Group a construction company based in Singapore which branched out to Jakarta, Indonesia, shares some tips on how to construct a hassle-free construction.

Plot and Location

This, of course, should be obvious enough. You do not want to be tagged as illegal settlers if you just claim some spot for your own and build a house. This is one of the first things to be considered in constructing your house. You should investigate the strength of the land, soil condition, drainage, zoning and building cost in that region. You should also check your future neighbors to make sure you don’t get involved with drug businesses around the community.

Experts Say

Although you also have a flair for home constructions and stuff, you should also ask advices from experts. A designer or a contractor can explain further the legalities of the deal. It would surely help if you a lot if you don’t stumble to any laws being broken during the course of your construction. A good referral from friends and family can help you identify which one to be trusted. Make sure to make a contract about his specific tasks and salaries though to keep yourself from being scammed later on.

Plan and Build

Now that all the potential and ideas are already in place, prepare an initial plan with the help of your newly hired contractor. Discuss the floor plan with your family and friends if required. You should include the size and location of structures on property, including distances to lot lines, streets, roads, and property lines in your plot plan. In your floor plan, on the other hand, include all room uses and sizes, door and window sizes and locations. You should be specific on your plans and should include such things as plumbing or electricity plans.

Contact Agreement

Once you get approval of your plan, be sure to get a written contract which has been signed and dated by both the builder or contractor and the architect or designer. A contract for new home construction will describe the project in detail and include a listing of all the parts to be included in the house. Remember to amend the contract if you or your team makes any changes to the project later on.

Axis Capital Group Grows with Singapore Infrastructure and Construction Industry

Singapore - The infrastructure industry is growing by the minute and not only does it affect the leading cities in Asia like China and India on its growth but developing nations as well such as Indonesia and Singapore.

Axis Capital Group, with branches on both countries, has predicted this growth and has leveled with the biggest names in the industry in Singapore. In pursuance of delivering only quality construction equipment, the company also aims to provide Singapore as well as Indonesia with all the assistance it can give for growth.

In Singapore alone, construction contracts are predicted to reach between $29 billion to $36 billion this year, given a sustained pipeline of public sector projects. This is according to the Building and Construction Authority (BCA) Singapore. This follows an exceptionally strong performance from last year where a total construction demand set a new record of $37 billion, fuelled by a higher volume of institutional and civil engineering construction contracts.

According to Global Intelligence, Singapore is the ninth most attractive city for real-estate investors for 2015. Many foreign investors have come to the country in search of greener pastures. However, as many alien nations seek out Singapore’s potential, many of the country’s wealthy business owners travel abroad for the expansion of their own brands, especially in UK, Australia, America, Japan and in the capital of Indonesia, Jakarta.

Nevertheless, the nation’s growth remains debatable and has been contested by other reviews.

According to Bloomberg Business, Singapore said a global slowdown in the final months of the year will cap full-year economic growth at about 3 percent before an uneven recovery in 2015.The country’s main economy remains modest despite the slight increase but many still believes that there is still a bright future ahead for the construction industry.

A new hospital and subway lines may have helped Singapore’s construction industry grow the most in a year last quarter, a bright spot in an economy otherwise hurt by an uneven global recovery. Construction, which made up 4.4 percent of gross domestic product last year, rose 8 percent in the three months through December from the previous period, data showed today.

Axis, along with other construction specialist in the country remains optimistic as projects from both the public and private sectors are materialized. With that in mind, in an arduous journey towards growth, Singapore trusts in its allegiance with private companies that care for the country.

You can also check our company’s video here: https://www.youtube.com/watch?v=Hl3jOKNLNgg

Axis Capital Group Review: Indonesia Sufficient to Construction Needs

Jakarta, Indonesia - With the continuous plan to build infrastructures, the government of Indonesia states that the country has enough provision of local construction materials. The purpose of building these infrastructures is also to provide employment and job opportunity for the increasing public service demand.

Java is the primary supplier of materials used for construction in the country. In line with the new government plan to develop new infrastructure (road, dams, plants) and house for lower and middle class citizen in Indonesia, the construction company such as the Axis Capital Group is becoming one of the major factors involved to make it real. 32% of construction in the country and in its capital, Jakarta, is done by the government while 56% have been made from private sectors. Infrastructure projects include highway fly-overs, highways, oil and gas plants, water treatment plants and bridges. Other projects include factories, supermarket and sports clubs.

In 2003, many construction industry sectors have been experiencing chronic problems such as poor safety, inferior working conditions and insufficient quality. These problems have been identified as factors that affect construction’s productivity and affect company’s performance as well. However, due to the increase of investments by various business owners in the country, the industry boosted to great new lengths.

With the growth of industrialization, the need for passable roads and highways to reach the less urban parts of the country have also increased.

The use of natural construction material resources in Indonesian construction industry consumed in more than ten trillion rupiah or more than six hundred and sixty million pound sterling. Iron concrete holds the biggest Iron concrete account the biggest in more than four hundred million pound sterling and the second one is woods in more than two hundred and sixty two million pound sterling respectively [BPS 2002]. And the indices trend up to year 2002 had shown an increasing number for all type of construction in Indonesia.

With the concerns on ecological complaints that may evolve because of these developments, reports states that Indonesia has 1.2% annual deforestation rate and the matter of forest depletion and destruction of nature is very low. Construction projects are an important priority in Indonesia’s national plans. Local contractors participate in the construction of public development projects including large scale infrastructure such as: ports/harbor, terminals, highways, telecommunications, irrigations, waste disposal and treatment; properties; public housing; and industrial buildings.

Indonesia Soars to New Heights

Jakarta, Indonesia - In the midst of construction of the world’s first net-zero energy skyscraper, Axis Capital Group gives all out support for the continued growth of Indonesia’s construction industry that has encouraged local equipment production in the country.

According to CBC News, Indonesia completed 3 skyscrapers last year and has placed 4th in the world along with US, Japan and Canada. China continues to be 1st though, since it has built 58 buildings.

In January, 2014, the start of construction for Pertamina Energy Tower in Jakarta, Indonesia has caused a lot of stir in not only to the experts in the industry but also to the greater public. It was not only for its 99-storey height that the tower has distinguished itself from other skyscrapers but it will also be the first tower to generate its own power. The top of the building, the funnel captures wind, sucks it inside and speed it up to run a series of vertical wind turbines. Other buildings on the new campus will be covered in solar panels. When it’s finished in 2019, 20, 000 people are expected to work there and it will serve as the headquarters for Petramina, the national energy company.

International design teams have also collaborated on developer competition to build Peruri 88 in Downtown Jakarta. The creation of the chic and modern style of what seems to be different buildings piled on top of each other is said to be the new landmark icon for the people in Jakarta. Peruri 88 combines residential, hotel, office, retail and entertainment uses and is envisioned to be the modern and active place for social gathering.

Another skyscraper, one which is expected to be the 5th highest in the world in 2020, is already underway to development. Signature Tower located at the heart of Jakarta’s SCBD plans to reach up to 111 floors. The construction will start in 2015.

Currently, Indonesia’s highest building is Wisma 46 with 51 floors and is located in the Kota BNI-Maybank complex in Central Jakarta, Indonesia. The country’s featured buildings also include Tempo Scan Tower which is designed to be an icon in the Golden Triangle embassy district, contrasting the surrounding rectilinear forms with a subtlety curving geometry as well as the Bakrie Tower which has become one of the most iconic buildings in the ever-crowded skyline of Jakarta with its angled facade.

Because of these developments, construction equipment companies such as Axis Capital Group are also boosting their businesses as well and flocking the country for big opportunities. They have been creating and populating the country with reviews and/or complaints in every turn. Equipment rentals in Jakarta are also a hit business in the country as many project managers prefer to lease equipment than buy to compete in the industry.

Asia Continues To Attract Foreign Market

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 keen and aware as to which company to trust. Established construction companies such as Axis Capital Group which is based in Singapore and has branched out in Jakarta, Indonesia, have already secured their place in the industry. However, despite the arduous process and strictness of the government to maintain only legit and licensed companies to operate, some construction companies and equipment rentals in Jakarta, Singapore, Malaysia and other leading developing countries could not avoid fraud and scams to exist.

Axis Capital Group Construction Equipment Review: Singapore Leading the Green Wave

The heat is on for the advocacy of a much greener cityscapes and buildings in Singapore. The Building and Construction Authority (BCA) in the country announced that they aim that in 2030, Singapore will be much greener than today with 80% of its building certified to be green.

Being “green” doesn’t entirely and literally mean buildings will be painted green all over. That is, these buildings and infrastructures will be water and energy efficient, with a high quality and healthy indoor environment, integrated with green spaces and constructed from eco-friendly materials.

In Singapore’s densely built land area with limited space and few natural resources, pursuing green environment is necessary to sustain.

In 2012, the government has started their campaign by building public housing blocks as testing ground for future eco-friendly projects. Over 80% of Singapore’s residents live in public housing, called HDBs after the Housing and Development Board that builds them. They put various eco-friendly features in Treelodge@Punggol, as the project is named, that help capitalizing on the wind, enhancing greenery, reducing energy consumption, etcetera, all in one development. However, maintaining eco-friendly building such as this comes at a high price as well. To afford the cost, the government tied up with private sectors to continuously provide the funding.

There are currently 1, 700 green buildings in Singapore, making up approximately 21% of the total building stock. It is projected to hit 35% in 2020, according to Singaporean-German Chamber of Industry and Commerce. There is also greater awareness of the benefits and strong business case of green buildings.

Dr. John Keung of BCA states, “We are encouraged by these positive results and will continue to review our plans in charting Singapore’s leadership in green building advancement in the tropics.”

BCA also released a Green Building Master Plan, which included both regulations and incentives. Every new building has to meet or exceed the minimum environmental sustainability standard. This promotes the adoption of green buildings designs and technologies.

About Axis Capital Group

Axis Capital group is a construction equipment company based in Singapore supporting the construction of eco-friendly building infrastructure and buildings not only in the country but also to other neighboring nation, particularly in Jakarta, Indonesia which we branch out. We have wide varieties of high-quality, eco-friendly used and new construction equipment which you can either buy or rent for a competitive cost.

Construction Equipment Review: Construction Industry Goes Green

In the turn of the 21st century, the issue on environmental awareness has evolved. The challenge on how to defeat environmental concerns such as climate change, depletion of resources, pollution and many others have hit hard on everyone even on the construction industry. Nowadays, project managers, engineers and people in the industry have thought of ways to incorporate their business into various environmental campaigns. Axis Capital Group

Buildings put a tremendous strain in the environment, being responsible for a significant share in pollution and other related issues and concerns that may affect our environment. Continuing the advocacy for healthier world poses great challenge to many construction agencies and businesses but it does not hinder their cause. They have built their equipment in response to the demands of Mother Nature. Their environmental friendly designs include:

Cleaner Equipment

Hitachi Construction Machinery introduced the ZW series equipped with clean but powerful engine to comply with Tier 3 and stage III A. Engine emission regulations effective in the U.S. EPA and European Union from 2006. Exhaust gas is partly re-combusted to reduce particulate matter (PM) output and lower nitrogen oxide (NOx) levels.

John Deere's new fixed chamber baler, on the other hand, is a great example of Deere's efforts to progressively lower the environmental impacts of its products. Deigned to reduce its impact on the field and more efficiently use resources, the baler delivers up to 24% better fuel efficiency is significantly faster than previous designs due to rotor feeder design.

Recyclable Machine

With a recycling-oriented society in mind, Isuzu upholds 4R practices throughout product-life cycles, as Isuzu increases recycling rates and reduces our environmental impacts. Recycled materials made from resin bumpers collected from end-of-life vehicles were used for four kinds of interior components including a console box. It became possible to use over 40% of bumpers from end-of-life vehicles by using new technology. Isuzu will be proactively committed to expanding use of some parts made from recycled materials.

For Hitachi, approximately 95 % of the ZW Series can be recycled. The resin parts are marked to facilitate recycling. The machine is completely lead-free. The radiator and oil cooler are made from aluminum and all wires are lead-less. In addition, bio-degradable hydraulic oil is available for jobsites where special environmental care is required.

Quieter Machine

Volvo Equipment also has its own share of low-emission level equipment. Their crawler excavator’s high breakout and crowding force is supported by an advanced hydraulic system that enables smooth, responsive digging and lifting.

Some people think that going green can be costly or difficult venture, especially in the construction industry but somehow, someone proved it to be possible. Construction companies like Axis Capital Group based in Singapore, are striving to pursue its eco-friendly campaigns, introducing only legit equipment and strengthening campaigns against fraud and scam that can further harm resources. Capital construction cities in Asia like Jakarta in Indonesia, Kuala Lumpur in Malaysia and Hong Kong continue to research and venture into more possibilities of further merging industrialization and nature.

Axis Capital Group Supports Singapore’s Construction Productivity

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 other developed nation along the coast of the United States and Europe.

Public Sectors aren’t the only ones who have built their reputation in the construction industry this year.

According to analysts, foreign investors in Singapore have grown by over 70% for the last decade. It definitely helped the country’s economy. In the country, productivity on construction projects is currently around 30% lower than in Japan and almost half as efficient as in the United States. These statistics underline that regardless of any changes in labor law or the make-up of the future workforce, there is significant scope to deliver efficiency improvements in the industry’s overall performance levels.

Axis Capital Group will continue to support the country as it reaches industrialization and continued growth. It promises to continue providing quality products and services and assures its loyal patrons that they only sell or rent original equipment, far from the scams and frauds other people claim to minimize complaints.

Axis Capital Group Expands Its Business to Jakarta

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:

• Tractors
• Loader Tractors
• Loader Tractors w/Attachments
• Compact Tractor Backhoes
• Compact Articulated Loaders
• Compact Track Excavators
• Trencher
• Vibratory Plow
• Post Hole Digger
• 30+ Attachments


SUPPORT EQUIPMENT
• Aerator - Walk Behind and Tractor Mount
• Air Compressor and Attachments
• Concrete Hammer - Air, Electric, and Hydraulic *
• Generators
• Plate Compactors
• Pumps - Trash
• Seeders
• Skid Steers
• Sod Cutter
• Tiller - Walk Behind and Tractor Mount
• Three Point Hitch Equipment
• Trencher - Bedding Edger
• Towable Lifts


TRAILERS
• Car and Equipment Haulers
• Dump Trailers
• Covered Trailers

There is no need to look for anything more. Axis Capital Group has everything you need. Now that the company is expanding their services in Jakarta and has a very strategic location near the port of Singapore, they can now be more accessible to everyone and rest assured that it will be delivered on time and without complaint. You can expect that Axis Capital Group is a reliable company for your construction needs.

Indonesia Leads Asia to Global Development in Construction Market

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 the country and its potential to compete in the global market.

A review from Aecom 2014 also adds that Indonesia is the top-rated country for expected market growth in the near term, followed closely by China. The city or metropolitan region with the most profitable construction market in Asia will be Jakarta.

Because of the country’s fast growth towards urbanization, big construction companies such as  Axis Capital Group who sells and rents construction equipment and is based in Singapore, also branched out their services and products in the country’s capital, Jakarta.

Analysts and economists are expecting more from Indonesia to pave the way for Asia towards great development.

Source:

http://axiscapitalgrp.com/blog/

Jakarta, Indonesia Shows Fast Growth in Construction Industry

INDONESIA- A Developing Nation

India and China were reported to be the leading countries in Asia in the construction industry for the last decade and were the only ones who can compete in the global market. However, Indonesia, one of the archipelagoes in the Asia-pacific region, had accelerated fast in the industry and had been acknowledged by analysts and marketers around the world. 

South East Asian countries have developed throughout the years and Indonesia is no exception. Infrastructure industry is attracting investors all over the world due to the creation of housings, buildings, transportation facilities and commercial establishments in the country. Despite of economic fluctuations, political instability and riot within Indonesia, the country has managed to maintain and increase its infrastructure economy. This is largely due to the country’s resources and manpower. The number of contractors classified as large rose from 695 to 1,742 between 2008 and 2013, while the number of medium-sized firms increased from around 10,000 to 21,000, and small-sized firms expanded in number from over 100,000 to 160,000. In 2014, the construction Industry contributes 13% of the country’s Gross Domestic Product (GDP). Heavy equipment such as cranes, tractors, bulldozers, concrete pumps, excavators, etc. are available with various brand selection in various construction companies.

Construction Equipment Rentals

The revenues of construction equipment market in Jakarta, Indonesia have grown at a healthy CAGR of 12.5%.  Urbanization and commercialization have encouraged the development of construction projects which propelled the use of needed equipments. Analysts forecast the Construction Equipment market in Indonesia to grow at a CAGR of 10% over the period of 2014 to 2018. 

There are organizations in the country which prefer to use their own construction equipments but several SMEs find it difficult to buy and maintain these construction materials because of its high cost and can only be used one-time. In addition, because of the growing construction industry, competition among the owners grows fiercer and they are forced to innovate and add value-added services. As a solution to this, some construction materials vendors start to lease their equipment. Hence, some construction equipment vendors have started offering equipment such as excavators, wheel loaders, motor graders, crawler cranes, truck cranes, and truck mounted cranes on a rental basis. This construction equipment rental in the country allows cost-driven organizations in developing countries to opt for the latest technology construction equipment at minimal cost, thereby improving their operational productivity. Thus, the option of renting construction equipment encourages customers to use a wide range of construction equipment.

About Axis Capital Group

Axis Capital Group specializes in construction equipment rental and sales from cranes to excavators and related heavy construction equipment throughout Southeast Asia. The company is a multi-line dealership that is committed in assisting you in finding the products that will meet your job requirements.

Construction Indonesia 2015 - Upcoming Trade Fairs

This coming September 9 – 12 September 2015, Jakarta. Construction Indonesia 2015 is collocated with:

A. Electric

B. Power & Renewable Energy

C. Mining Indonesia 

Infrastructure development is a significant part of supporting Indonesia’s growing economy. To attract private investment more projects are needed:

A. Toll roads

B. Power plants

C. Railways

D. Bridges 

E. Tunnels

F. Improved harbors

G. Improved Airports

H. Water & sanitation 

The above will surely create employment (and stimulate consumer spending)

Over the next 5 years, plans to upgrade Indonesia’s infrastructure are expected to attract US$70 Billion of investment, stimulating a boom in the construction industry that is expected to grow at over 6.8% year on year.

For sure, Axis Capital Group in Jakarta will continue to provide support and sales for the ongoing construction development in Indonesia in the next couple of years. Beware of bogus construction suppliers. Our equipment is based from top construction manufacturers all over the world.  Please visit our website Axis Capital Group Jakarta, Indonesia for high quality of construction trucks among the few, with good pricing against local suppliers. We provide reliable construction equipment due to our long track record in the construction industry area. We also offer equipment rentals that proved to be meeting heavy equipment requirements to our clients.