Hinabi Heavy Equipment Production Soared 43.18% in Semester I-2022

2022-09-11 14:58:07 By : Ms. Sunny Cheung

Reporter: Arfyana Citra Rahayu |Editor: Anna Suci PerwitasariKONTAN.CO.ID - JAKARTA.The Indonesian Heavy Equipment Industry Association (Hinabi) noted that heavy equipment production grew significantly in the first semester of 2022.In the first half of this year, Hinabi produced 4,042 units of heavy equipment, an increase of 43.10% compared to the same period in 2021 which was 2,823 units.Production of heavy construction and mining equipment in the first semester of 2022 has exceeded production throughout 2020 which was 3,427 units.In semester I-2022, heavy equipment type Hydraulic Excavator dominated production, which was 3,436 units.Followed by the production of 413 units of Bulldozer, 138 units of Dump Truck, and 55 units of Motor Grader.The production of Hydraulic Excavators increased significantly compared to the first quarter of 2022, which recorded 1,814 units of production.This means that in April-June (second quarter of 2022) the production increase of Hydraulic Excavators reached 1,622 units or grew 89% on a quarterly basis.Also Read: United Tractors (UNTR) Recorded a 117.32% Increase in Heavy Equipment Sales as of July 2022Likewise, Bulldozer production rose by 208 units or grew 101.46% on a quarterly basis in the second quarter of 2022.Chairman Hinabi Jamalludin said the demand for heavy equipment in 2022 is very large so that his party targets production this year to be in the range of 9,000 to 10,000 units.If this target is achieved, then heavy equipment production in 2022 will be the highest record for heavy equipment production since 1999. In 1999-2021 Indonesia's heavy equipment production moved in the range of 726 units to 7,981 units and the highest production was recorded in 2018.However, after 2018, heavy equipment production will be in the range of 3,400 to 6,700 units until 2021Next up: Must Note!These are medicinal plants that can be grown at home without any hassleCheck other News and Articles on Google News