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Indonesia Construction Market Size, Trends and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026

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    Report

  • 49 Pages
  • July 2022
  • Region: Indonesia
  • GlobalData
  • ID: 5610512
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The construction industry in Indonesia is expected to expand by 5.8% in real terms this year, down from the previous forecast of 7.2%. This downward revision is primarily attributed to construction industry constraints, such as rising raw material prices and supply chain disruptions in the first quarter of 2022. On a positive note, however, the government's emphasis on maintaining low interest rates, bilateral and multilateral agreements, and trade policies will create favorable conditions for economic and industry growth this year. Growth will also be supported by the government's spending on short-term infrastructure projects, owing to the recovery from the coronavirus (COVID-19) crisis. The Ministry of Public Works and Public Housing (PUPR) announced an investment of IDR98.2 trillion ($6.8 billion) in June 2022 for the development of road and bridge projects, water resource projects, and housing projects by 2023. Previously in March 2022, the PUPR had announced that it aims to complete the construction of 32 dams by 2024, including nine dams in 2022 alone.

Over the remainder of the forecast period, the Indonesian construction industry is expected to register an annual average growth of 5.8% from 2023 to 2026, supported by investments on transport, electricity, housing, and manufacturing projects. In March 2022, the government invited investors to invest in 47 sustainable projects, worth over IDR155.1 trillion ($10.7 billion). Forecast-period growth will also be supported by investments as part of the 2020-24 National Medium-Term Development Plan (RPJMN) and the Electricity Procurement Plan (RUPTL) 2021-30. Additionally, the government's plan to relocate Indonesia's capital city away from Jakarta in August 2022, with a IDR490.7 trillion ($34 billion) investment, will boost the industry's output in the short and medium terms.

The report provides detailed market analysis, information, and insights into the Indonesian construction industry, including:
  • The Indonesian construction industry's growth prospects by market, project type and construction activity
  • Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Indonesian construction industry
  • Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.

Scope

This report provides a comprehensive analysis of the construction industry in Indonesia. It provides:
  • Historical (2017-2021) and forecast (2022-2026) 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 publisher'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 publisher's critical and actionable insight.
  • Assess business risks, including cost, regulatory and competitive pressures.
  • Evaluate competitive risk and success factors.

Table of Contents

1 Executive Summary2 Construction Industry: At-a-Glance
3 Context
3.1 Economic Performance
3.2 Political Environment and Policy
3.3 Demographics
3.4 COVID-19 Status
3.5 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
7.1 What is this Report About?
7.2 Definitions
7.3 CRI Methodology
7.4 Publisher Construction
  • Contact the Publisher
List of Tables
Table 1: Construction Industry Key Data
Table 2: Indonesia, Key Economic Indicators
Table 3: Indonesia, Commercial Construction Output by Project Type (Real % Change), 2017-26
Table 4: Indonesia, Top Commercial Construction Projects by Value
Table 5: Indonesia, Industrial Construction Output by Project Type (Real % Change), 2017-26
Table 6: Indonesia, Top Industrial Construction Projects by Value
Table 7: Indonesia, Infrastructure Construction Output by Project Type (Real % Change), 2017-26
Table 8: Indonesia, Top Infrastructure Construction Projects by Value
Table 9: Indonesia, Energy and Utilities Construction Output by Project Type (Real % Change), 2017-26
Table 10: Indonesia, Top Energy and Utilities Construction Projects by Value
Table 11: Indonesia, Institutional Construction Output by Project Type (Real % Change), 2017-26
Table 12: Indonesia, Top Institutional Construction Projects by Value
Table 13: Indonesia, Residential Construction Output by Project Type (Real % Change), 2017-26
Table 14: Indonesia, Top Residential Construction Projects by Value
Table 15: Indonesia, Key Contractors
Table 16: Indonesia, Key Consultants
Table 17: Indonesia, Construction Output Value (Real, $ Million)
Table 18: Indonesia, Construction Output Value (Nominal, IDR Trillion)
Table 19: Publisher Construction Market Definitions
Table 20: Risk Dimensions
Table 21: Ratings, Scores and Definitions
List of Figures
Figure 1: South-East Asia, Construction Output (Real % Change), 2020-26
Figure 2: Indonesia, Construction Output by Sector (Real % Change), 2020-22 and 2023-26
Figure 3: Indonesia, COVID-19 Confirmed Cases
Figure 4: Indonesia, Risk Summary
Figure 5: Indonesia, Risk Regional Comparison
Figure 6: Indonesia, Construction Output Value (Real, $ Billion, 2017 Prices and Exchange Rate), 2017-26
Figure 7: Indonesia, Construction Output Value, by Sector (Real, $ Million), 2017-26
Figure 8: Indonesia, Construction Value Add, 2010 Constant Prices, In IDR Trillion
Figure 9: Indonesia, Value Index of Construction Completed by Construction Companies (2016 = 100)
Figure 10: Indonesia, Permanent Construction Worker Index (2016=100)
Figure 11: Indonesia, Construction Projects Momentum Index
Figure 12: Region, Construction Projects Momentum Index
Figure 13: Indonesia, Commercial Construction Output by Project Type (Real, $ Million), 2017-26
Figure 14: Indonesia, Commercial Construction Projects Pipeline, Value by Stage ($ Million)
Figure 15: Indonesia, Accommodation and Food Services Value Add, 2010 Constant Prices, In IDR Trillion
Figure 16: Indonesia, Wholesale and Retail Trade Value Add, 2010 Constant Prices, In IDR Trillion
Figure 17: Indonesia, Real Retail Sales Index (2010=100)
Figure 18: Indonesia, Commercial Property Demand Index for Office and Hotel Buildings
Figure 19: Indonesia, Number of Foreign Tourist Visits (in Thousands)
Figure 20: Indonesia, Industrial Construction Output by Project Type (Real, $ Million), 2017-26
Figure 21: Indonesia, Industrial Construction Projects Pipeline, Value by Stage ($ Million)
Figure 22: Indonesia, Manufacturing Value Add, 2010 Constant Prices, In IDR Trillion
Figure 23: Indonesia, Total Value of Exports ($ Billion)
Figure 24: Indonesia, Bank Indonesia Prompt Manufacturing Index (PMI-BI)
Figure 25: Indonesia, Infrastructure Construction Output by Project Type (Real, $ Million), 2017-26
Figure 26: Indonesia, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)
Figure 27: Indonesia, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2017-26
Figure 28: Indonesia, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)
Figure 29: Indonesia, Total Oil and Gas Exports ($ Million)
Figure 30: Indonesia, Institutional Construction Output by Project Type (Real, $ Million), 2017-26
Figure 31: Indonesia, Institutional Construction Projects Pipeline, Value by Stage ($ Million)
Figure 32: Indonesia, Education Sector Value Add (IDR Trillion, 2010 Constant Prices)
Figure 33: Indonesia, Residential Construction Output by Project Type (Real, $ Million), 2017-26
Figure 34: Indonesia, Residential Construction Projects Pipeline, Value by Stage ($ Million)
Figure 35: Indonesia, Real-Estate Value Add (IDR Trillion, 2010 Constant Prices)
Figure 36: Indonesia, Residential Property Prices (% Change YoY)
Figure 37: Indonesia, Headquarters of Key Contractors (% of Total Project Pipeline)
Figure 38: Indonesia, Headquarters of Key Consultants (% of Total Project Pipeline)