Indonesian construction industry's extension prospects.
The Indonesian construction industry is expected to continue to grow over the forecast period (2018-2022). Government investments in transport infrastructure, energy, and utilities construction and residential buildings will contribute to this growth. Moreover, the National Development Program 2025 and National Affordable Housing Program will also support industry growth. In January 2018, the government announced a plan to spend IDR105.4 trillion (US$7.6 billion) to build 17 toll road projects Under the National Strategic Project by the end of 2019. Moreover, under the third phase (2015-2019) of the National Development Program 2025, the government plans to invest IDR4.8 quadrillion (US$360.6 billion) on the development of transport and other infrastructure by the end of 2019. The government is also intending to introduce a Limited Concession Scheme (LCS) for private partners to finance large infrastructure construction projects. The industry’s output value in real terms is