Global Engineering Machinery Hot Spot Report Russia

The Russian Federation, or Russia for short, is the largest country in the world. It is made up of 83 federal entities with a land area of ​​17 million km2 and a population of 140 million people. The Russian region spans two continents, Europe and Asia, and borders many countries. The stretch of coastline stretches from the Arctic Ocean to the North Pacific, and includes the inland seas of the Black Sea and the Caspian Sea. At the same time, Russia is also the world's largest natural gas exporter and the largest exporter of crude oil outside the Organization of Petroleum Exporting Countries (OPEC).

Russia has always been a somewhat mysterious country. It sometimes appears to be large and weak, and sometimes powerful enough to be scary. It was not known to the world at one time. Westerners think it is a representative of the "evil Orient," while the Orientals think that It is a member of the "Western powers"; after the end of the Cold War, changes in the system and ideology have made people feel even more uncertain and fearful.

In the economic field, Russia has always been a special presence in the world economy because of the monopoly of the oligarchy on certain lifelines of the country, the strong intervention of the government, and the once-abnormal economic structure. It is not easy to survive here. But there are huge markets and huge profits here. Adventurers can't live without them.

At the same time, it will never make them feel boring, because there is no lack of ups and downs here. The Russian construction machinery market is like this – it has been one of the most attractive construction machinery markets in the world, and it is also one of the most unpredictable.

"The only constant here is change."

Oil exports have always been the lifeblood of Russia. In recent years, the rise and fall of oil prices have directly affected the development of the Russian economy, and the construction machinery industry is closely related to it. David Hill, president of JCB Russia and the CIS region, delivered a speech at the CECE (European Construction Equipment Committee) annual meeting held in Brussels, Belgium in October 2011: “The construction machinery market in Russia is closely related to the price of crude oil, and the oil price of 110 US dollars per barrel in 2011, A viewpoint has been put forward for the entire Russian economic situation, indicating the direction."

One of the development opportunities: the Russian government began to vigorously promote the traffic construction Recently, the Russian Ministry of Communications for the Moscow Mayor Sergey Sobyanin developed the traffic development plan of Moscow and Moscow pre-2020. According to the traffic development plan, 91 traffic interchange hubs will be built in Moscow and Moscow State by 2020; the construction regulations will be amended to require that residential construction include a certain number of parking spaces; the plan also proposes to increase fines for violating traffic regulations, and impose Parking fees, etc. It is estimated that these projects will cost 6.8 trillion rubles (about 232.2 billion U.S. dollars). Russian Deputy Minister of Communications Belorozlov said that the main task of the plan is to expand roads, develop public transportation, and build an intelligent transportation system. According to the plan, in the next two years, Moscow will open bus lanes, replace buses and develop subways. According to the new plan, the city of Moscow will build 15km of subway lines every year in the next 9 years. This part of the funding will reach 1.6 trillion rubles (about 54.6 billion US dollars).

Hotel and a comprehensive university. At the same time, the city of Vladivostok is also actively cooperating with the summit. At present, the road and airport reconstruction is in progress. It is reported that in 2011 Caterpillar alone provided nearly 100 sets of equipment to CrocusZAO, the largest contractor of the project, including bulldozers, road rollers, excavators, backhoe loaders and generator sets.

Second opportunity for development: the Sochi 2014 Winter Olympics In the near term, there are some high-profile projects in Russia that are currently under construction. This is the winter that will be held in 2014 in Sochi, a port city on the Black Sea coast. Various venues and facilities built during the Olympic Games. It is reported that the total investment for planning and holding the competition amounts to RUB 330 billion, which is approximately USD 10.8 billion.