Construction & Real Estate

With foreign direct investment rising, factories being built and real estate booming, the construction sector in Indonesia is expanding rapidly. The government is undertaking programmes to improve infrastructure, building roads, airports, railways and ports. While Indonesia remains more consumption-oriented than places like China, investment is an increasingly important part of the mix. The construction sector is expected to continue to expand rapidly over the next few years as the property market sees further rapid growth. Unblocking bottlenecks, increasing capacity and improving efficiency are all vital tasks going forward as the sector evolves. This chapter contains interviews with Ketut Budi Wijaya, President Director, Lippo Karawaci; and Harun Hajadi, Managing Director, Ciputra