Production of heavy equipment in Indonesia is targeted to grow 14 percent to 4,200 units in 2017, compared to 3,678 produced units in the preceding year. This growth should come on the back of rising activity in the nation’s mining sector, particularly Indonesia’s coal mining sector, in line with rising commodity price.
Logistics costs are a massive focal point for Indonesian government, approximately 245 of Indonesia’s GDP is spent on logistics, so there is a frenzy of nationwide activity aimed at reducing them. With the progress of modern logistics as well as the growth in demand for replacing workforce by machinery, forklifts have become the most used tools for handling materials in logistics industry. Moreover, S&P Global Ratings raised Indonesia’s rating to “investment grade” that will bring Indonesia to become stable country with decent of investment. It is boosting growth and demand from all rising industrial sectors included forklift, logistic and heavy equipment industries.