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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