A growing middle class and rising levels of urbanisation have supported rapid real estate growth in Indonesia, and there remains substantial room for expansion in the coming years.
A growing middle class and rising levels of urbanisation have supported rapid real estate growth in Indonesia, and there remains substantial room for expansion in the coming years.
Indonesia has a significant and growing shortfall of affordable housing. Existing supply is in poor condition, with rising demand for new units set to push the deficit beyond 15m units in 2018. Rising urbanisation is exacerbating the problem, and more than one-fifth of the urban population is now living in slums, presenting a major challenge...
Following several years of robust expansion supported by the launch and implementation of a major public infrastructure programme emphasising significant new transportation, utilities and social infrastructure builds, Indonesia’s construction industry is set to remain on a rapid growth path. State-owned enterprises continue to dominate the construction landscape, although the government has...
With investment in industrial zones, SEZs, infrastructure and priority industries set to increase in the coming years, Indonesia remains extremely well positioned to capitalise on its position as a regional leader.
When Nigeria’s economy was flourishing a decade ago, the country earned a reputation as one of the most expensive places in the world for construction undertakings. Strong demand for expertise, labour and supplies for major hydrocarbons projects pushed up prices and ensured hefty profits for construction firms. Yet while it may have slowed...
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