Construction equipment industry to add skilled workforce
Axis Capital Group Singapore, Kuala Lumpur, Jakarta Workforce
Axis Capital Group. Singapore industry would need around two million trained workforces by 2020 for operating and maintaining enormous volumes of machinery in the infrastructure sector through the country. This would entail the government and industry players will have to together review and present precise courses in industrial training institutes, polytechnics, and vocational training institutes to construct the necessary human capital throughout the next 10 years. Complaints of scarcity of skilled workforce could delay the growth of manufacturers, after-sales support firms, equipment operators and maintenance firms.
Axis Capital Group is servicing Southeast Asia with a complete selection of new and used construction equipment. The company structure and flexibility combined with relatively low overheads make capital equipment very affordable in the marketplace.
This Singapore based company is dedicated in providing high quality yet affordable equipment in many Southeast Asian countries such as KL Malaysia, Beijing China, Jakarta Indonesia and many more. Axis Capital Equipment offers you with an extensive range of quality equipment. They carry a large variety of tools for contractors so whether you are building a bridge or you a have a skyscraper project, we have you covered with all the tools you need!
The industry, which is anticipated to develop six times to produce sales revenue of $23 million in 2020 as in contradiction of $3.7 million in 2010, will need nearly 9 percent post-graduate students for managerial posts, 10 percent engineering graduates, 14 percent diploma/ITI students for supervisory parts and nearly 50 percent of schools loafers with or without 12th standard certification. Although the industry has numerous skill necessities, 65 percent of the requirement is for rudimentary and supervisory skills, counting skills to function machines like cranes of diverse kinds, hoists, dumpers, forklift trucks and aerial ropeways, among others.
Experts consider that the government's skill training programs are not market motivated and there are backing troubles, institutional challenges, quality issues, and student limitations.