Indonesia Construction Equipment Market Strategic Assessment & Forecast 2024-2029: Government Investments in Public Infrastructure Projects Through the PPP Model - ResearchAndMarkets.com
In 2022, Chinese manufacturer SANY controlled nearly 21% of the market share in the excavator segment of the Indonesian construction equipment market.
- In 2022, Chinese manufacturer SANY controlled nearly 21% of the market share in the excavator segment of the Indonesian construction equipment market.
- The increasing government focus on carbon emissions reductions in 2021 further supported the demand for electric construction equipment.
- In 2023, the government invested in 83 PPP projects for infrastructure development, including 50 projects in the transportation sector, including 13 ports and 15 railway projects.
- In 2023, the Indonesian government planned 49 projects, 33 Public Private Partnership Projects (PPP), and 16 non-PPP projects.