Indonesian Palm Oil News (IPO News) – The Indonesian heavy equipment industry still has quite bright prospects in 2024 despite of the global economic slowdown and falling prices of a number of commodities at the beginning of this year. According to HINABI (Indonesian Association for Heavy Equipment Industry) that the prospects for this heavy equipment business are supported by the need for heavy equipment products in the agricultural and plantation sectors.
The agricultural sector is a business with great potential in Indonesia, considering that Indonesia is a country with a high population and large food needs. Likewise, the plantation sector especially oil palm plantations is one of the largest non-oil and gas foreign exchange earners. Therefore, the need for heavy equipment in the agricultural and plantation sectors in Indonesia is predicted to keep on increasing in the future. This potential is what drives optimism among domestic heavy equipment business players.
PT Kotrack Machinery Indonesia (KMI) is one of leading heavy equipment manufacturers in Indonesia holding KOTRACK heavy equipment brand originating from Korea. Its parent company in Korea is a pioneer in the heavy equipment industry. With the KOTRACK brand, PT KMI continues to develop the markets to become a trusted heavy equipment producer for the agricultural and plantation sectors with international standards in Indonesia.
The business development and market development targets for this heavy equipment company were revealed by Bar Sabar Nugroho, the COO (ChiefOperating Officer) of PT Kotrack Machinery Indonesia in his conversation with IPO News in mid-May 2024.
“Our company PT KOTRACK MACHINERY INDONESIA (PT KMI) was founded on 14 February 2020 by Mr. Lee Hee Jae (Chief Executive Officer/CEO) and Mr. Bar Sabar Nugroho (Chief Operating Officer/COO) in order to help and to succeed the Indonesian Government make the national food security program by mechanizing agricultural production from preproduction to harvest time. PT KMI is a heavy equipment manufacturer under KOTRACK brand from Korea and we have appointed distributors in the Indonesian region”.
The role of PT Kotrack Machinery Indonesia since its establishment until now in the development of the heavy equipment industry in Indonesia is to help increasing the production and speed up work time at a much more efficient cost.
According to Sabar Nugroho, “Since the beginning, PT KMI hasdirectly helped Indonesian entrepreneurs by socializing the use of heavy equipment, especially tractors for the agricultural sector. The used equipment is the KOTRACK Mini Excavators of 5 tons, 6 tons, 7.5 tons up to 20 tons class; 4 wheel tractors under LOVOL brand from 35hp to 260Hp; and DJI agricultural drones for the 20 liter (T20P) and 40 liter (T40) classes”.
Then, IPO News asked for more details about the types of heavy equipment marketed in Indonesia under the KOTRACK brand, Sabar Nugroho explained as follows:
“PT Kotrack Machinery Indonesia (KMI) markets and sells various heavye quipment products for the agricultural and plantation sectors under the KOTRACK brand below:
- Mini Excavator KE 60 (class 6 tons) Engine Yanmar 48Hp , Full Cabin – AC, Complete with front Dozer and
Piping Kit KE 75 (kelas 7,5 ton) Engine Yanmar 60Hp, Full Cabin – AC, Complete with front Dozer and Piping Kit. - Medium Excavator KE 220 (class 20 tons) Engine Cummin 6BT 166Hp – AC, Complete with Piping Kit.
- Attachment for Excavator Hydraulic Breaker, Auger drill, Hydraulic Rotating Grapple, Clamsell Bucket and Tilt link.
- Farm Tractor start from 35Hp, 50Hp, 90Hp, 100Hp, 110Hp, 130Hp type ROPS/ Canopy. 110Hp, 130Hp, 150Hp, 180Hp, 220Hp, 260Hp – 300Hp type CABIN – AC.
- Implement Tractors like Disc ploughes, Rotary, Mowers, Slashers, Post Hole Diggers, Grapples, and Trailers are available to support tractors.
- Drone Agriculture, under DJI brand focuses on spraying and spreading fertilizer and DJI Mapping.
The industries which we have already supplied are the construction, agriculture and plantation industries.