#Indonesia Construction

[investindo]

Discover the Billion-Dollar Boom: Indonesia's Construction Industry Secrets Revealed!

The construction sector in Indonesia has been experiencing remarkable growth in recent years, and this trend is expected to continue. This growth is largely driven by the government's infrastructure development initiatives, which have led to a substantial increase in investment in the construction industry. In 2021, the Indonesian construction industry recorded an impressive annual growth rate of 4.83%, according to data from the Indonesian Statistics Agency (BPS).

The government's commitment to infrastructure development is evident from the significant increase in infrastructure investment. In 2018, the investment in infrastructure rose to IDR 157.8 trillion (approximately US$11.3 billion), up from IDR 216.8 trillion in the previous year. This substantial investment contributed significantly to the country's economic growth, accounting for 1.28% of the overall economic growth in 2018, with an added value of IDR 184.4 trillion. This marked an increase from the 1.06% contribution in 2017, with an added value of IDR 146.9 trillion.

These investments have been directed towards various infrastructure projects, including the construction of dams, new public roads, bridges, and toll roads. These developments have not only improved the country's infrastructure but have also enhanced its competitiveness on the global stage.

Indonesia's rankings in global competitiveness indices have seen positive changes. In the World Economic Forum's Global Competitiveness Index, Indonesia's rank in the Quality of Roads category improved from 72 in 2014 to 60 in 2019, out of 141 countries. Similarly, in the World Bank's Logistic Performance Index, Indonesia climbed from 53 in 2014 to 46 out of 161 countries in its 2018 report.

While the COVID-19 pandemic had a significant impact on the construction industry in 2020, the sector has since rebounded and is poised for continuous growth. Various consultancy firms project annual growth rates ranging from 5% to 7% in real terms. This growth is attributed to the government's effective COVID-19 mitigation measures and the ongoing infrastructure projects.

One of the major upcoming projects is the relocation of Indonesia's capital city from Jakarta to East Kalimantan, estimated to cost $33 billion and take a decade to complete. To fund this ambitious project and others, the Indonesian government launched the Indonesia Investment Authority (INA), a Sovereign Wealth Fund. The government plans to inject over $5 billion into INA, with several countries expressing interest in investing through it, including the US, Japan, and Canada.

In conclusion, Indonesia's construction sector is poised for continued growth and remains an attractive investment opportunity. Despite short-term challenges like the COVID-19 pandemic, the government's commitment to infrastructure development, coupled with a stable political environment, low inflation, good credit ratings, and prudent macroeconomic policies, makes Indonesia's construction sector a promising prospect for investors. To navigate this competitive landscape, investors are advised to seek experienced local partners with established networks for a competitive edge. References: https://sertifikasi.co.id https://duniatender.com https://skk-konstruksi.com

[15tarlit5kyline]

The Ghost Palace Hotel of Bedugul

All images by Zachary Williams

Atlas Obscura Article

[amazingarchitecturewebsite]

Manta Rays by Vincent Callebaut Architectures @vincentcallebautarchitectures, A Sustainable Cluster of Ecolodges in Organic Tensile Membrane Structures, #Bali, Indonesia Read more: Link in bio! Vincent Callebaut Architectures: For the project “Manta Rays’, a sustainable cluster of ecolodges in Tensile Membrane Structures (TMS), form-finding was the first step in the design process, in which the structure has adopted a unique equilibrium shape based on the initial configuration of the structure and the applied initial prestress… #indonesia #sustainable #архитектура www.amazingarchitecture.com ✔ A collection of the best contemporary architecture to inspire you. #design #architecture #amazingarchitecture #architect #arquitectura #luxury #realestate #life #cute #architettura #interiordesign #photooftheday #love #travel #construction #furniture #instagood #fashion #beautiful #archilovers #home #house ‎#amazing #picoftheday #architecturephotography ‎#معماری (at Bali, Indonesia) https://www.instagram.com/p/CpItTtJOAM6/?igshid=NGJjMDIxMWI=

[lecklect]

The Young Villas, Indonesia

[chkmnpd]

Front exterior of Taman Ismail Marzuki (TIM) building area, Jakarta, Indonesia

Location: TIM Jakarta

Where to find more picts: here!

[adelalovesmadara]

PLEASE HELP DONATE FOR WATER WELL CONSTRUCTION IN GAZA ORGANISED BY SYEIKH MOHAMMED AL GHOUL

Bismillah,

Syeikh Mohammed Al Ghoul is a person my family is very close with since he came to Indonesia. He, along with my family, founded a non-profit organisation to support Syeikh's family, the Gazan foreign students in Indonesia, and of course his people and the homeland he hailed from.

Syeikh Mohammed Al Ghoul is currently based in Indonesia, West Java. Born in Gaza January 1998, he is the ninth child out of eleven children. Sent by his parents to Indonesia to receive a scholarship in 2018 to help his family and homeland achieve freedom and self-determination, Syeikh Mohammed is currently doing his bachelor's degree thesis. Now, he is on the way to propose a water well construction in Gaza to recover and help rebuild Gaza from Israel's continued military aggression, property destruction, occupation, forced starvation, and never-ending killing of Gazans.

The proposal that he made:

Indonesia

KINDLY DONATE HERE: BSI BANK (BANK SYARIAH INDONESIA) Account Number 970000071 under the name of the non-profit organisation that that he founded: Annujuum Arrobaniyyah Foundation. Please confirm your donation by contacting 0821-2150-2620 (Indonesia) or (+62) 821-2150-2620 (International). YOU CAN CONTACT US VIA WHATSAPP OR E-MAIL.

Or if you can't donate to the bank account above, here is my PAYPAL account: @dhiladz23 (don't worry I know now a trusted person that can transfer the funds to the foundation and here is the trusted person that can transfer funds from an Indonesian paypal account to an Indonesian bank account just so that you can check): https://linktr.ee/xsarrh

Thank you and please donate if you are able to 🙏

No more colonialism. No more occupation. No more forced starvation. No more forced displacement. No more indiscriminate killings of babies, children, women, men, and the elderly.

Free Palestine 🇵🇸.

(pm me if you have questions or are in need of reassurance and evidence of previous donations or projects in Gaza).

[postcard-from-the-past]

Construction works of a new road in East Sumatra, Indonesia

Dutch vintage postcard

[littleworld-in-littleeyes]

The Scary Aisle

[onceuponanaromantic]

yknow what, in hindsight I’m really grateful that when I took a course on the history of colonialism in Southeast Asia, the teacher drilled the exact geography of Indonesia into our collective heads before he even got to like the impacts of Dutch existence in Indonesia and the stages of it.

Like, now that I’m looking at the global focus on colonialism right, and its depictions in art in post-colonial societies and the construction of race and other identity categories within said societies, it’s actually really useful to have that basic understanding that most colonial societies were kind of cobbled together for ease of governance and do not have a monolithic understanding of the impacts of colonialism? Like, esp now that it’s Back with Lizzie’s death right like, it’s really really useful to have that understanding of how exactly colonial administration and military ventures went about grouping wildly disparate communities under the same categories for ease of governance and the economic impacts of colonialism.

And I’m just thinking about it because yes, it makes so much sense when you think about the different islands and the problems with governance today right and the ways the colonial powers continued to exert influence over their ex-colonies (and the way their methods of knowledge production and control remained) but you have to understand, first of all, where all the islands are and that geological basis forms a very good understanding of how people understand language and community and society at all.

[businessresearchreportss]

Key Players and Competitive Landscape in Indonesia's Construction Market

The construction market in Indonesia is highly competitive and diverse, with a mix of domestic and international players operating across various segments of the industry.

Buy the Full Report to Know More about the Indonesia Construction Market Forecast

Download a Free Report Sample

Here are some key players and an overview of the competitive landscape:

Key Players:

PT Wijaya Karya (WIKA):

WIKA is one of Indonesia's largest construction companies, involved in a wide range of projects including infrastructure, buildings, industrial plants, and property development.

The company has expertise in civil engineering, EPC (Engineering, Procurement, and Construction), and project management services.

PT Pembangunan Perumahan (Persero) Tbk (PT PP):

PT PP is a leading construction company in Indonesia, engaged in infrastructure development, property, and real estate projects.

The company is known for its involvement in major infrastructure projects such as toll roads, bridges, airports, and ports.

PT Adhi Karya (Persero) Tbk (ADHI):

ADHI is a prominent construction company with a focus on infrastructure, including railways, toll roads, airports, and dams.

The company also undertakes property development projects and has diversified into energy and mining sectors.

PT Total Bangun Persada Tbk (TBP):

TBP is a subsidiary of the Salim Group and is involved in various construction projects including commercial buildings, hotels, residential complexes, and industrial facilities.

The company offers integrated construction services, including design and build, construction management, and property management.

PT Nusa Raya Cipta Tbk (NRCA):

NRCA is a construction company specializing in civil engineering and infrastructure projects such as roads, bridges, dams, and irrigation systems.

The company also provides consultancy and project management services.

International Players:

Several international construction companies operate in Indonesia, leveraging their expertise and experience in various construction sectors.

Examples include Samsung C&T Corporation, China State Construction Engineering Corporation (CSCEC), and Sumitomo Mitsui Construction Co., Ltd.

Competitive Landscape:

Diversified Services: Key players in the Indonesian construction market offer diversified services covering a wide spectrum of construction activities, including civil engineering, infrastructure development, property development, and project management.

Project Portfolio: Competitiveness often hinges on the ability to secure and execute major projects. Companies with a strong track record in delivering projects on time and within budget are positioned favorably in the market.

Technical Expertise: Companies with specialized technical expertise and capabilities in areas such as EPC contracts, design and build, and construction management have a competitive edge in winning contracts and delivering high-quality projects.

Financial Strength: Financial stability and access to capital are crucial factors in undertaking large-scale construction projects. Companies with strong financial backing and access to funding sources are better equipped to compete in the market.

Innovation and Technology Adoption: Construction firms that embrace innovation and adopt advanced technologies to improve productivity, efficiency, and safety are better positioned to differentiate themselves and gain a competitive advantage.

Strategic Partnerships: Collaboration and partnerships with other companies, government agencies, and international players can enhance competitiveness and enable access to new markets and opportunities.

Overall, the competitive landscape in Indonesia's construction market is characterized by a mix of domestic giants, international players, and niche players, with competition driven by factors such as project execution capabilities, technical expertise, financial strength, and innovation. Adaptability to market dynamics and regulatory changes is essential for companies to thrive in this competitive environment.

[rhk111sblog]

Other South East Asian (SEA) Countries recently have been benefiting immensely from having a healthy Economic Trade with China, except for the Philippines because of the Tensions brought about by its Territorial Disputes with China in the South China Sea (SCS).

This was initially released as an Article last March 27, 2024 at https://therhk111philippinedefenseupdates.blogspot.com/2024/03/sea-countries-greatly-benefiting-economic-trade-china-except-philippines.html

[amazingarchitecturewebsite]

Acta & Black Pond Tavern, Jakarta, Indonesia by Bitte Design Studio @bittedesignstudio. Read more: Link in bio! Photography: Fostive Visual @fostivevisual. Bitte Design Studio: Imagine a sanctuary ensconced in the woods. One wouldn’t believe such scenery exists in the midst of urban chaos that is Jakarta. In the city that knows no shortage of dining and lifestyle establishments, BIKO Group, a lifestyle company behind many distinguished F&B destinations in Indonesia, came up with a restaurant and a bar that combine the old with the new, where a relaxing atmosphere is paired with a picturesque vista… #jakarta #indonesia #restaurant #архитектура www.amazingarchitecture.com ✔ A collection of the best contemporary architecture to inspire you. #design #architecture #amazingarchitecture #architect #arquitectura #luxury #realestate #life #cute #architettura #interiordesign #photooftheday #love #travel #construction #furniture #instagood #fashion #beautiful #archilovers #home #house ‎#amazing #picoftheday #architecturephotography ‎#معماری (at Jakarta, Indonesia) https://www.instagram.com/p/CplEIJOuuTl/?igshid=NGJjMDIxMWI=

[marketsizereports]

Challenges and Opportunities for Foreign Investors in the Indonesian Construction Market

Buy the Full Report to Know More about the Indonesia Construction Market Forecast

Download a Free Report Sample

Challenges for Foreign Investors in the Indonesian Construction Market:

Regulatory Complexity:

Foreign investors may encounter regulatory complexities in the Indonesian construction market. Understanding and navigating the permitting processes, land acquisition rules, and other regulatory requirements can be challenging and time-consuming.

Land Acquisition Issues:

Land acquisition for construction projects can be a complex process in Indonesia. Delays and uncertainties related to land ownership, permits, and local community considerations can pose challenges for foreign investors.

Bureaucratic Processes:

Bureaucratic processes in Indonesia may sometimes be perceived as slow and bureaucratic. Foreign investors may face challenges related to project approvals, licensing, and other administrative procedures.

Local Partnerships and Relationships:

Establishing and maintaining positive relationships with local partners and stakeholders is crucial. Cultural differences and the importance of personal relationships in business transactions can present challenges for foreign investors.

Political and Economic Stability:

Foreign investors should be aware of political and economic stability issues. While Indonesia has seen economic growth, political uncertainties or economic downturns can impact the construction sector and investment climate.

Infrastructure and Logistics:

Despite ongoing infrastructure development, challenges in transportation and logistics may exist. Remote project locations might face difficulties in terms of accessibility, which can affect construction timelines and costs.

Opportunities for Foreign Investors in the Indonesian Construction Market:

Infrastructure Development Projects:

Indonesia's focus on infrastructure development presents significant opportunities for foreign investors. Participation in projects such as roads, bridges, airports, and ports can be lucrative.

Real Estate and Urban Development:

The growing urbanization in Indonesia creates opportunities in real estate and urban development projects. Foreign investors can explore residential, commercial, and mixed-use developments to meet the rising demand for housing and commercial spaces.

Tourism-Related Construction:

Indonesia's vibrant tourism industry offers opportunities for foreign investors to participate in the construction of hotels, resorts, and other tourism-related infrastructure.

Renewable Energy Projects:

Given the global emphasis on sustainable development, foreign investors can explore opportunities in renewable energy projects, including solar and wind power initiatives.

Technology and Innovation:

Foreign investors can bring technological expertise and innovative solutions to the Indonesian construction market. Digitalization, Building Information Modeling (BIM), and other advanced technologies can enhance efficiency and project outcomes.

Public-Private Partnerships (PPPs):

Participating in public-private partnerships provides a way for foreign investors to collaborate with the government on infrastructure projects. These partnerships often involve a sharing of risks and responsibilities.

Green Building and Sustainability:

With an increasing emphasis on environmental sustainability, foreign investors can contribute to green building initiatives by introducing eco-friendly construction practices and materials.

Strategic Partnerships with Local Firms:

Forming strategic partnerships with well-established local firms can help foreign investors navigate regulatory complexities, build local relationships, and enhance their understanding of the Indonesian market.

Government Initiatives and Incentives:

Keeping abreast of government initiatives and incentives for foreign investment in the construction sector can provide foreign investors with insights into potential opportunities and benefits.

Despite challenges, Indonesia's construction market offers a range of opportunities for foreign investors, especially those who approach the market with a thorough understanding of the regulatory landscape and a strategic mindset for collaboration. It's crucial for investors to conduct thorough due diligence and seek local expertise when entering the Indonesian construction market.

[deadstonemasonssociety]

A headline-grabbing paper claiming that a structure in Indonesia is the oldest pyramid in the world has raised the eyebrows of some archaeologists — and has now prompted an investigation by the journal that published it, Nature has learned.

The paper, published in the journal Archaeological Prospection on 20 October, garnered headlines around the world. Its central claim is that a pyramid lying beneath the prehistoric site of Gunung Padang in West Java, Indonesia, may have been constructed as far back as 27,000 years ago.

[futuretonext]

The Indonesia Construction Equipment Rental Market size was valued at around USD 3.03 billion in 2022 & is projected to grow at a CAGR of about 4.82% during the forecast period, i.e., 2023-28, owing to the rising construction of residential, commercial, and public infrastructures. The development of commercial buildings such as 5-star & 7-star hotels, resorts, and retail malls have risen due to the growing tourism in Indonesia, which further ignited the construction activities & hence led to the considerable demand for construction equipment rental such as earthmoving, concrete & masonry, crane, etc.