Economy Growth Driving Construction Industry in Indonesia: Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Key topics covered in the Report Current economic scenario of Indonesia Detailed insight into the operating environment for the construction sector of Indonesia Detailed overview of project financing and project risk and return Major market players of the construction industry of Indonesia Challenges and Key driving factors for the Infrastructure Industry in Indonesia Ken Research has announced its latest publication, “Indonesia 2016 Construction Outlook: Infrastructure Opportunities with Relative Risk and Challenges” which explains economic scenarioof construction sector of Indonesia. The report provides detailed insights of key market trends and opportunities prevailing in the construction sector of Indonesia. Further, it gives detailed overview of major market players, current market strategies, government policies, business plans and goals of the sector. The report highlights major challenges and risks prevailing in the sector. The report plays a crucial role to provide information about competitors and opportunities prevailing in market further providing detailed strategies to mitigate risk. Economic Environment of Indonesia Indonesia is one of the emerging economy of Asia. The economy has witnessed spectacular growth and development in past two decades. Though Indonesian economy faced immense trouble in 1990’s due to Asian financial crises but economy started gaining its stability back with onset of twenty first century. Earlier, economy was heavily dependent on agriculture for its growth but after 90’s, the scenario changed completely. Now, major part of economic growth is attributed to secondary and tertiary sector even though agricultural exports are still high. Further, demand is vigorous in Indonesian economy due to improving income and people’s standard of living. This huge demand is due to massive population growth. However, dwindling commodity prices, economic turbulences in China, gradual weakening of Indonesian domestic currency due to strengthening of dollar, investment risks, natural calamities, etc. has prevented complete growth of Indonesian economy. Brief Overview of Indonesian construction sector With a target GDP growth of 7-9%, Indonesian government has adopted stern policies ad strategies to enhance both quality and quantity of infrastructure in the country and this is why numerous construction megaprojects are undertaken in the country. Net value of Indonesian infrastructural projects is US$ 330 Billion. Further projects for pipeline construction, residential property construction has been undertaken recently. Signature tower floors, Kalibaru post, peruri 88 floors, Jakarta-Bandung super express, Trans Java toll road, etc. are some marvellous megaprojects undertaken by Indonesian construction sector. This substantial rise in construction activity in recent years is due to many factors which are listed below: Rise in GDP in last two decades. Rise in population which is rising demand for residential projects. Rapid urbanization in Indonesian economy. Rapid industrialization in Indonesian economy. Rise in government and private investment in construction sector. However, there are certain challenges faced by the construction industry: Inadequate investment in construction sector Poor implementation of projects Falling GDP Major market players PT PLN Persero, PT Kayan Hydro Energy, Sarula Operations, PT Paiton, PT Lestari Banten, PT Antam, PT DSSP Power Sumsel, PT Kereta API Indonesia (PT KAI), PT KAI Commuter Jabodetabek (KCJ), PT Mass Rapid Transit Jakarta, PT Jakarta Monorail (PT JM), Indonesia Ministry of Transport, Indonesia Ministry of Public Works, Jakarta City Administration are major market players in the construction industry in Indonesia. Conclusion Thus, we can say that significant expansion has been witnessed in the construction sector of Indonesia. With huge infrastructural projects being undertaken and gigantic engineering marvels being constructed, Indonesia is emerging as a leader of construction industry in Asia. However many challenges like inefficiency in implementation, falling GDP, shortage of investment in the industry is constraining complete growth of the sector. For more coverage click on the link below: https://www.kenresearch.com/manufacturing-and-construction/infrastructure/indonesia-construction-outlook/38146-97.html Related Reports https://www.kenresearch.com/manufacturing-and-construction/infrastructure/australia-construction-outlook/38142-97.html https://www.kenresearch.com/manufacturing-and-construction/infrastructure/global-construction-outlook-2020/12918-97.html Contact: Ken Research Ankur Gupta, Head Marketing & Communications query@kenresearch.com +91-124-4230204 Tags: Commercial Construction Sector Indonesia, Global Construction Market Research Report, Indonesia Construction Market, Infrastructure Industry in Indonesia, Infrastructure Sector Indonesia Future Outlook, Residential Construction Market Future Indonesia