Indonesia’s Construction Machinery Market Situation And Prospects
Indonesia Infrastructure Market Overview
Indonesia is the largest country in total economic output in Southeast Asia, is the only OPEC Organization of Southeast Asia. Since 2002, Indonesia’s construction industry booming, with the infrastructure on the demand for construction machinery and equipment, government funding for highways, railways, ports, airports, power plants and other projects totaled 2,300 billion U.S. dollars of investment. Apartments, shopping centers and office building to 363 percent the rate of growth. In the next five years, the Indonesian government will also invest 363,36 million for the construction of various fields, including airports, railways, highways and housing, could be optimistic estimates, Indonesia’s infrastructure market will maintain rapid development in the future momentum.
Chinese engineering machinery products a competitive advantage in Indonesia
1 business wide. Chinese engineering machinery products fields are complete, all of China in various fields to participate in international competition, in various types of housing construction, transportation, water power, telecommunications and other areas is of particular professional strengths.
2, contract and implementation of capacity enhancement projects, contracting diversification. Performance in engineering construction capability and supporting capabilities, contracting large-scale projects could be increased, such as power stations Palembang, Surabaya? Madura Bridge are billions of dollars in mega-projects. Contracting methods are gradually turning EPC, BOT, BOOT and other general contracting methods, such as Palembang station contracted by BOOT way station on the asa Khan mainly EPC contracting approach.
3, low-cost alternative to a huge market. Indonesia, the majority of contractors are using the equipment purchased before the 1997 financial crisis, and has been unable to meet the current needs of high quality construction projects, need replacement. With the current high market share compared U.S. and Japanese products, the price of Chinese products on the market in Indonesia have more infrastructure advantages.
4, from the two countries relations, since in April 2005 announced a strategic partnership between the two sides, the bilateral economic and trade cooperation has entered a new period of sustained and healthy development. The Chinese government since 2003 to the Indonesian government to provide preferential buyer’s credit 800 million U.S. dollars, under the loan agreement, the Company completed the project will be funded and implemented, and only used for bridges, power stations, railways and other infrastructure projects, these projects need to a large number of engineering machinery, is the Chinese enterprises to expand the Indonesian market is very beneficial to a big advantage. 2010 is the 60th anniversary of Sino-Indian diplomatic relations, the two governments will hold a series of activities to promote deeper economic and trade cooperation development.
List of Indonesian infrastructure data
§ 2009 year, the Indonesian Ministry of Public Utilities had on this year’s 22.5% of the project tender, tender total value of about 3.8 trillion rupiah, while 2.4 trillion rupiah in the project about to start bidding.
§ 2009 year, the Indonesian Ministry of Public Utilities plans to build a total of 4,000 km of roads, including 86.510 km of national highways to improve the efficiency of transportation systems.
§ 2009 year will be 31,000 km of roads and 53,000 meters of bridge maintenance.
§ As the global economic crisis, about 700 million U.S. dollars in economic stimulus plan was to the infrastructure budget.
§ 2009 6 month of operations in Indonesia Infrastructure Fund (IIFF), plans to invest about 2 billion U.S. dollars to speed up all kinds of infrastructure.
§ According to the Indonesian Ministry of Public Infrastructure reports fourth quarter of 2008, the next few years and ongoing infrastructure projects are as follows:
1, the airport construction project valued at 5.168 billion U.S. dollars, not including the planned construction in Kalimantan Island, Block 3, Airport)
2, road and bridge construction projects worth more than 12,422,000,000 U.S. dollars.
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