HD Hyundai Infracore Opens Official Office And First Parts Distribution Center In Indonesia

JAKARTA - HD Hyundai Infracore has just inaugurated a new Parts Distribution Center (PDC) in Marunda, North Jakarta on Thursday, June 8. At the opening ceremony of the company and the spare parts procurement center, they officially announced the company's operations and held a business cooperation agreement between HD Hyundai.

Infracore with KB Capital and KB Bukopin. which has decided to strengthen its financial support. This is expected to help HD Hyundai Infracore increase local sales through low-interest installment financing products for buyers.

The opening ceremony was attended by stakeholders such as Young-cheul Cho (CEO HD Hyundai Infracore), Heewoong Shin (President Director of HD Hyundai Infracore Asia), Woo Yeul Lee (CEO of PT Bank Bukopin Tbk), Sung Ki Kwon (Senior Executive Vice President of SME Customer Group KB Kookmin Bank), SooNam Hwang (CEO KB Capital), Inhwan Kim (Director of Auto Finance Division KB Capital), as well as customers from local dealers.

"HD Hyundai Infracore is building a local company and Parts Distribution Center (PDC) in Indonesia to present a premium construction equipment brand with a new brand, namely 'DEVELON'. With this brand, we are concerned to strengthen penetration into the Asian market," said HD Hyundai Infracore CEO, Young-cheul Cho, in a written statement.

Parts Distribution Center (PDC) Marunda, North Jakarta has an area of 2,304 square meters and serves as a logistics base to secure and speed up spare parts supply chains for construction equipment such as excavators and wheelbuilders. It is hoped that this will not only be able to supply spare parts on time throughout Indonesia, which consists of many islands, but also maximize the efficiency of supply chains to neighboring countries.

HD Hyundai Infracore is expected to expand its business base and logistics supply chain not only in Indonesia, but throughout Asia, where sales of medium and large construction equipment for mining are starting to increase. They will also offer various solutions in the form of financial products that can meet local customer financial needs and expand their business area.

Currently HD Hyundai Infracore is expanding the coverage of spare parts supply globally by operating Parts Distribution Center (PDC) in 9 major sales areas including the US, UK, Germany, China, UAE, and Singapore.

"Indonesia is rich in geographical and strategic resources, which include the Indian Ocean and the Pacific, by optimizing inventory and delivery management of spare parts, we will provide the best service to dealers and customers, and we will expand sales of 'DEVELON' construction equipment in the Asian market," continued Young-cheul Cho.

On the other hand, HD Hyundai Infracore, which last year generated sales of 102 billion won and won the highest sales since entering the Indonesian market, will hold an Exhibition, 'International Construction and Industrial Equipment Construction' in Jakarta on Wednesday, September 13 to Saturday, September 16, 2023, by participating in Mining Indonesia which will display DEVELON equipment directly to customers.