Indonesia Construction Industry Report 2024: Output to Expand by 5.2% in Real-terms this year, Supported by Rising Foreign Investments and Business Confidence - Forecasts to 2028 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Indonesia Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2024-2028" report has been added to ResearchAndMarkets.com's offering.

The construction industry in Indonesia is expected to expand by 5.2% in real terms in 2024, supported by rising foreign investment and an improvement in business confidence and economic conditions.

According to the Badan Pusat Statistik (BPS), the value-add of the construction industry rose by 7.6% year on year (YoY) in Q1 2024, preceded by Y-o-Y growth of 7.7% in Q4 and 6.4% in Q3 2023. Over the year, the industry's growth will be supported by an allocation of IDR422.7 trillion ($27.7 billion) on infrastructure projects as part of the 2024 Budget approved in late 2023.

Of this, IDR213.7 trillion ($14 billion) will be invested to construct regional roads, developing the new capital city (IKN), renovating stadiums, and building educational and healthcare infrastructure, while IDR20.3 trillion ($1.3 billion) will be invested in developing infrastructure in the new autonomous regions (DOBs) and supporting public-private partnerships (PPP).

Over the remainder of the forecast period, from 2025 to 2028, the Indonesian construction industry is expected to register an average annual growth of 6% in real terms, supported by public and private sector investment in transport, energy, and residential construction, coupled with the government's plan to achieve an annual production capacity of 600,000 Electric Vehicles (EVs) by 2030.

Growth over the forecast period will also be supported by the National Long-Term Development Plan (RPJPN) for 2025-45, which focusses on the development of renewable energy power plants, the provision of electric transmission networks, biofuel development, and the electric vehicle ecosystem. As part of the plan, the Ministry of National Development Planning of the Republic of Indonesia (Bappenas) estimates that an investment of IDR749.6 trillion ($49.8 billion) per year from 2025 to 2045 to achieve its carbon emission targets.

Scope

• Historical (2019-2023) and forecast (2024-2028) valuations of the construction industry in Indonesia, featuring details of key growth drivers.
• Segmentation by sector (commercial, industrial, 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, in addition to details of leading contractors and consultants

Reasons to Buy

• Identify and evaluate market opportunities using the analyst's 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 the analyst's critical and actionable insight.
• Assess business risks, including cost, regulatory and competitive pressures.
• Evaluate competitive risk and success factors.

Key Topics Covered:

1 Executive Summary

2 Construction Industry: At-a-Glance

3 Context

3.1 Economic Performance

3.2 Political Environment and Policy

3.3 Demographics

3.4 Risk Profile

4 Construction Outlook

4.1 All Construction

• Outlook
• Latest news and developments
• Construction Projects Momentum Index

4.2 Commercial Construction

• Outlook
• Project analytics
• Latest news and developments

4.3 Industrial Construction

• Outlook
• Project analytics
• Latest news and developments

4.4 Infrastructure Construction

• Outlook
• Project analytics
• Latest news and developments

4.5 Energy and Utilities Construction

• Outlook
• Project analytics
• Latest news and developments

4.6 Institutional Construction

• Outlook
• Project analytics
• Latest news and developments

4.7 Residential Construction

• Outlook
• Project analytics
• Latest news and developments

5 Key Industry Participants

5.1 Contractors

5.2 Consultants

6 Construction Market Data

7 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/k2qfc9

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