The year of 2024 will be a political year and democratic celebrations for Indonesia and almost half of the world's population. The simultaneous elections are divided into legislative elections (Pileg) and presidential elections (Pilpres) which will be held on February 14 2024. The 2024 elections will have an impact on heavy equipment financing trends. It is predicted that with the election, the bureaucratic process will be slowed down and economic conditions will decline.
However, according to data from the Indonesian Heavy Equipment Association (HINABI), there is an increase in the market for heavy equipment financing throughout the year of 2023. This is influenced by the factor of the increasing production of heavy equipment for industries in Indonesia.
The relationship between the increase of heavy equipment production and the political year 2024 makes competition for financing heavy equipment production even tighter. This will certainly affect MNC Leasing as a financing company.
MNC Leasing as a company that focuses on productive and innovative financing provides heavy equipment financing facilities for individuals and corporations. In accordance with the Vision and Mission of MNC Leasing, we always want to be able to provide productive and innovative financing solutions to build Indonesia together.
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