Market Report, "Construction in Indonesia – Key Trends and Opportunities to 2019", published

From: Fast Market Research, Inc.
Published: Mon May 25 2015

Timetric’s Construction in Indonesia – Key Trends and Opportunities to 2019 report provides detailed market analysis, information and insights into Indonesia’s construction industry including:

* The Indonesian construction industry's growth prospects by market, project type and type of construction activity
* Analysis of equipment, material and service costs for each project type in Indonesia
* Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in Indonesia’s construction industry
* Profiles of the leading operators in Indonesia’s construction industry.
* Data highlights of the largest construction projects in Indonesia

Report Highlights

* To improve the country's dilapidated infrastructure, the government will also offer more infrastructure projects under the PPP model. According to Indonesia’s National Development Planning Ministry, with a value of IDR601.0 trillion (US$52 billion), the government plans to offer 43 infrastructure construction projects in 2015 to the private sector. Projects include the construction of monorail, ports, rail, airports, toll roads and water infrastructure.
* There are a number of large-scale residential and commercial projects underway. In January 2015, PT Lippo Karawaci Tbk (LPKR), a property developer, started to construct an integrated property project "Millennium Village: The Global Smart City" in the central business district of Lippo Village, Tangerang district of Banten province. Construction work for Hillcrest House and Fairview House apartment towers under the first phase is expected to be completed by mid-2018. Consequently, it will support the growth in the residential construction market over the forecast period.
* Indonesia retail sales grew at a healthy pace in 2014. According to BI, the real retail sales index grew from 140.9 in 2013 to 161.3 in 2014, at an increase of 14.5%. The rise in retail sales represents a positive signal for the retail buildings construction category. Indonesia’s population of 254.9 million has a large consumer base and its retail industry has the potential to expand. This will drive construction activity in the retail buildings category over the forecast period.
* In a bid to ensure a reliable electricity supply in industrial estate of Gresik, AKR Corporindo, an Indonesian fuel and chemical distributor, announced its plans in 2014 to construct two power plants in Gresik, with the combined capacity to generate 1,200MW. The project is scheduled for completion in 2018. This will support growth in the electricity and power category over the forecast period.

Full Report Details at

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