The data also shows that sales in the construction sector rose from 30 percent as of January-March 2015 to 48 percent as of January-March 2016. In the last few years, demand for heavy equipment in the construction sector has increased as the government's infrastructure projects have started to kick in.
With the issuance of a related decree in 2015, imposed since March 31 of this year, heavy equipment is now categorized as a non-motor vehicle. Various businesses in construction, plantations, and ports using heavy equipment are now relieved from the many taxes generally imposed on motor vehicles. Hope also arises from heavy equipment manufacturers. Jamaludin, chairman of the Association of Indonesian Industrial Heavy Equipment (Hinabi), has welcomed the decree and hopes that it will relieve consumers in Indonesia and drive demand.
To learn more and meet the players that shape the construction industry, visit Concrete Show South East Asia in Jakarta during 14-16 September 2016. The leading business event and learning platform for the Concrete and Construction Industry in South East Asia – organized by UBM - gathers over 200 companies from 28 countries which share technology, insight and create real growth opportunities for Indonesia and the region.
ABOUT the organizer
Owned by UBM plc listed on the London Stock Exchange, UBM Asia is the largest trade show organiser in Asia and the largest commercial organizer in China, India and Malaysia. Established with its headquarters in Hong Kong and subsidiary companies across Asia and in the US, UBM Asia has a strong global network of 31 offices and 1,300 staff in 24 major cities. We operate in 20 market sectors with 230 exhibitions and conferences, 21 trade publications, 18 online products for over 2,000,000 quality exhibitors, visitors, conference delegates, advertisers and subscribers from all over the world. www.ubmasia.com
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