Although public infrastructure projects including highways, ports and rail continue to dominate Indonesia’s construction landscape, the hotel segment is fast becoming a major growth driver for private contractors, with Jakarta standing as one of the world’s largest hotel construction markets, driven by rising foreign visitor arrivals and the...
A burgeoning middle class is expected to play an important role in consumer lending growth in Indonesia, particularly in the home loans segment. In 2015 PwC reported that the country’s growing middle class has created positive growth potential in consumer banking, particularly mortgage loans, with 56% of the banks it surveyed indicating that...
The cement industry in Indonesia is set to reach new highs in 2016, as the government’s expansive infrastructure agenda drives domestic demand and sales growth across the country. Existing producers are rushing to increase capacity with the launch of new facilities, while a host of new foreign players has also entered the market in recent...
The ongoing drive to shift Indonesia’s economy away from raw natural resource extraction and exportation and towards more value-added industries has been gaining momentum in recent years after benefitting from solid government commitments to bolster the physical and regulatory business climate across the country.
In terms of ICT connectivity, Indonesia is currently in the midst of a national transformation. Over the past decade the country has seen dramatic improvements in telecommunications availability; technology awareness and usage; investment in digital infrastructure by both the government and private sector players; regulatory oversight; and...
With one of the fastest rates of internet uptake in the world and the largest economy in South-east Asia, Indonesia has witnessed the rapid expansion of its e-commerce segment over the past decade. According to a 2015 report published by the Indonesian E-commerce Association (idEA), between 2011 and 2015 online sales in the country expanded at...
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