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In January 2018, the government announced a plan to spend IDR105.4 trillion (US$7.6 billion) to build 17 toll road projects Under the National Strategic Project by the end of 2019. Moreover, under the third phase (2015-2019) of the National Development Program 2025, the government plans to invest IDR4.8 quadrillion (US$360.6 billion) on the development of transport and other infrastructure by the end of 2019. The government is also intending to introduce a Limited Concession Scheme (LCS) for private partners to finance large infrastructure construction projects.
The industry output value in real terms is expected to record a compound annual growth rate (CAGR) of 5.94% over the forecast period Takkarist McKinley Jersey , compared to 6.33% during the review period (2013-2017).
Timetric Construction in Indonesia - Key Trends and Opportunities to 2022 report provides detailed market analysis, information and insights into the Indonesian construction industry, including -
- The Indonesian construction industrys growth prospects by market, project type, and construction activity.
- Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Indonesian construction industry.
- Analysis of the mega-project pipeline Alex Mack Jersey , focusing on developmental stages and participants, in addition to listings of major projects in the pipeline.
- Timetric expects the infrastructure construction market to retain its leading position over the forecast period, with a share of 36.0% of the industry total value in 2022, driven by investments in transport infrastructure projects. In the 2018 budget, the government increased its investment on infrastructure development by 4.4%, increasing from IDR387.7 trillion (US$29.0 billion) in 2017 to IDR404.0 trillion (US$29.9 billion) in 2018. Through this Vic Beasley Jr Jersey , the government plans to build 856.0km of a new road, 781.0km of irrigation channels, 8,761.0km of new bridges and 639.0km of new railway lines across the country.
- In March 2018, the Ministry of Energy and Mineral Resources approved Rencana Umum Penyediaan Tenaga Listrik (RUPTL) 2018-2027, a ten-year electricity supply business plan. According to RUPTL Matt Ryan Jersey , electricity demand in the country is projected to increase by 8.6% annually, going from 216.8TWh in 2016 to 457.0TWh in 2025. PT Perusahaan Listrik Negara (PLN), the state-owned power company, estimates that IDR2.0 quadrillion (US$153.7 billion) in capital investment will be required to develop the country electricity system by 2027.
- Timetric expects the residential construction market output to record a forecast-period CAGR of 8.41% in nominal terms, driven by the government鈥檚 plans to build affordable houses for low- and middle-income households. The government plans to build one million social houses with an investment of IDR66.8 trillion (US$5.0 billion) by 2019. In addition, the government is providing subsidies to low- and middle-income people to buy houses. In 2017 Devonta Freeman Jersey , the government announced plans to provide IRD14.6 trillion (US$1.1 trillion) of subsidies to low-income families.
- Under the National Energy Policy, the government aims to increase the share of renewable energy in the total energy mix from 12.6% in 2017 to 23% in 2025, 25% by 2030 and 31.0% by 2050. Accordingly, the government plans to increase the country鈥檚 geothermal power generation capacity from 1.8GW in 2017 to 5.0GW by 2025. Moreover, the government plans to build 16 wind power plants by 2024.
- The total construction project pipeline in Indonesia, as tracked by the Construction Intelligence Center (CIC) and including all mega projects with a value above US$25 million Calvin Ridley Jersey , stands at IDR8.5 quadrillion (US$634.4 billion). The pipeline, which includes all projects from pre-planning to execution, has a relatively healthy balance, with 47.7% of the pipeline value being in projects in the pre-planning and planning stages as of May 2018.
This report provides a comprehensive analysis of the construction industry in Indonesia. It provides -
- Historical (2013-2017) and forecast (2018-2022) valuations of the construction industry in Indonesia, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial Julio Jones Jersey , infrastructure, energy, and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects Deion Sanders Jersey , in addition to details of leading contractors and consultants.
Reasons to buy
- Identify and evaluate market opportunities using Timetrics standardized valuation and forecasting methodologies.
- Assess market growth potential at a micro-level with over 600 time-series data forecasts.
- Understand the latest industry and market trends.
- Formulate and validate strategy using Timetrics critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
- Evaluate competitive risk and success factors.
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