Indonesian Political, Business & Finance News

Hitachi exports excavators

Hitachi exports excavators

CIBITUNG, West Java (JP): PT Hitachi Construction Machinery Indonesia, an Indonesian-Japanese joint venture, launched its first export of assembled heavy equipment by sending eight hydraulic excavators worth US$700,000 to Malaysia.

"The excavators, containing 40 percent local components, will be used for logging operations, canal and ditch constructions, and prawn cultivation activities," Hitachi Indonesia's president, Rustam Effendi, said in a ceremony marking the export launching yesterday.

The excavators, with an average weight of 12.2 tons, carry the brand of Ex-100M Hitachi made in Indonesia, he said.

The company, jointly owned by Hitachi Construction Ltd. and Itochu Corp. of Japan as well as PT Murinda Iron Steel and PT Hexindo Adi Perkasa of Indonesia, has so far exported components and parts of heavy equipment to Japan.

"Our total exports of components reached $2.75 million last year, up from $1.35 million a year earlier," he said, adding that approximately 700 hydraulic excavators have been supplied to the domestic market.

He said that his company plans to export 50 new excavators to Malaysia and Thailand this year. (fhp)

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