Urbanisation is a mega-trend redefining contemporary life in both developed and emerging markets across the globe. This mass rural-urban movement of people and expansion of cities to absorb formerly isolated villages is a relatively recent phenomenon: in 1950, only 751m people lived in urban areas. By 2018, however, the number of urban...
Amid efforts to accelerate the delivery of large-scale infrastructure projects, reform of the country’s legal framework governing land ownership has become an important enabler of development. On the back of rising infrastructure growth in recent years, land procurement executors have been formally encouraged to acquire suitable land, with...
Indonesia has a significant and growing shortfall of housing. Existing supply is in poor condition and demand is rising for new units. This is especially true for affordable housing in urban areas, where more than one-fifth of the population live in slums. Recognising the issue, the government unveiled a series of policies aimed at...
On the back of a massive infrastructure agenda, new real estate projects have driven growth in Indonesia’s property sector in recent years. A colourful mix of cultures has influenced the architectural layout of the capital city Jakarta, which is one of the many features that have attracted investors from around the world. However, while the...
From 206 BCE to 220 CE, China’s Han dynasty fostered a booming trade industry for silk, a precious commodity in high demand among the elites of the Mediterranean. The Silk Road was the moniker given to the network of trade routes connecting the East and West at the time. Later, spices and other precious cargo would be traded using the system,...
Although Indonesia is home to one of the fastest-growing construction industries in Asia, with foreign direct investment (FDI) inflows to the sector surging between 2013 and 2015, FDI dropped to a seven-year low in 2016, even as the number of new projects increased.
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