Indonesia, an emerging financial hub of Asia Pacific, is enjoying a construction sector growth of 8% annually, becoming the fastest among all Asian countries. As Indonesian companies benefit from the government’s ambitious plan for infrastructure and China’s “Belt & Road Initiative”, XCMG sees it as an important market for its global expansion strategy. In recent years, XCMG has been actively involved in a growing number of local engineering and construction projects by providing one-stop services and reliable machines.
3 Key Facts about XCMG’s Footprint Expansion in Indonesia
5 product lines rank no.1
In 2016, 5 lines of XCMG’s machinery, loaders, cranes, drilling rigs, tower cranes and tunnel boring machines(TBM); rank no.1 in the Indonesia.
Export value increased by 100%
The export value of XCMG to Indonesia has been increased by 100% for two consecutive years in 2015 & 2016.
Crane market share of over 50%
The cranes exported to Indonesia have reached a market share of over 50% in the first half year of 2017. Thousands of XCMG’s cranes show their presence at construction sites of major projects in the country.
Committed to Indonesia’s Construction Market
XCMG has input tremendous effort in Indonesia’s construction market in addition to manufacturing world-class products. In May 2017, XCMG established XCMG Indonesia to offer customers with unmatched services. Local clients could further leverage the one-stop services provided by XCMG to achieve their business goals. “Cooperating with local distributors, XCMG offers better ‘solution-sales-services-spare parts’ one-stop experience to customers and further promote the vision and mission of XCMG throughout Indonesia,” said Mr. Hu Xiangyang, Deputy General Manager of XCMG Import & Export Co., Ltd.
The official launch of XCMG Indonesia in May 2017
Successful Showcases of XCMG Products in Indonesia
Today, XCMG contributes to the success of major projects in Indonesia, including construction of highways, railways, airport and electricity facilities. These projects include nickel ore exploitation and the tallest building in the country.
The resourceful country has the world's largest nickel ore reserve, attracting great investment in resources exploitation. The construction of exploitation facilities in Sulawesi has been conducting in full swing in Indonesia Wanxiang Ferronickel Industry Park with the help of XCMG truck cranes. “Dozens of XCMG cranes have been doing an excellent job here,” said the project manager.
XCMG cranes at the Indonesia Wanxiang Ferronickel Industry Park
In Jakarta, INDONESIA-ONE, the tallest building in the country, has been under construction. Two XCMG tower cranes are the heroes behind the new landmark in the capital of Indonesia, taking up the challenging work.
XCMG tower cranes constructing the new landmark in Jakarta
The growth of the construction industry in Indonesia is expected to continue at a rapid rate. In the future, XCMG will continue its presence to support infrastructure in the country as well as other markets in the world.