PT. MAX RENT INDONESIA

PT. Max Rent Indonesia is a rental company specialized in renting heavy equipment for commercial and construction. Marubeni Corporation (hereinafter, “Marubeni”) and Rent Corporation (hereinafter, “Rent”) have established a joint venture company named PT. Max Rent Indonesia in partnership with local entity PT. EXXA Capital (hereinafter, “EXXA”), which operates and develops businesses involving used construction machinery sales, construction machinery rentals, logistics, and automobile auctions, to provide construction and industrial machinery rental services in the Republic of Indonesia (hereinafter, “Indonesia”) set to be launched in December 2023. In recent years, Indonesia has continued to actively invest in infrastructure development and expand its construction market. Major industrial parks have also seen expansive growth, mainly in the Jakarta metropolitan area (Indonesia’s most populous metropolitan area and home to its national capital), and investment in the manufacturing industry has been booming. However, the availability of safe, high-quality equipment is limited, resulting in unmet needs and inefficiencies at construction and industrial sites. PT Max Rent Indonesia therefore aims to address the evolving needs of diverse job sites and contribute to improved work efficiency by leveraging the networks and capabilities of the participating three companies and offering a wide range of well-maintained equipment with excellent safety features. This collaborative effort will help bridge the gap in the availability of reliable machinery for construction and industrial use. Both Marubeni and Rent bring respective expertise and extensive experience to PT. Max Rent Indonesia. Marubeni has long been involved in major infrastructure projects in Indonesia, contributing to the country’s economic development, while Rent has an excellent track record of providing construction and industrial equipment rental. https://www.marubeni.com/en/news/2023/release/00108.html