Indonesia Commercial Construction Industry Overview
The Indonesia commercial construction market is not very competitive, due to the imbalance between the public and private competitors in terms of funding and opportunities to improve the skillset in order to match the state-of-the art technology. Still, the market opens opportunities for small and medium players due to increasing govt investments in the sector. The Indonesian construction market presents opportunities for growth during the forecast period, which is expected to drive market competition.
A few key players in the market include PT Pembangunan Perumahan (PTPP) (Persero) Tbk, PT Wijaya Karya Bangunan Gedung Tbk, PT. Metropolitan Land TBK, PT. Total Bangun Persada TBK, PT. Nusa Raya Cipta, PT. Shimizu Bangun Cipta Kontraktor and PT. Tunas Jaya Sanur. Most of the companies manage several portfolios and commercial sector form a genuine share in the gross revenue. With the increasing investment by foreign players as a result of the ease in regulations forced by the Govt. recently, competition seems to be becoming fair over the forecast period.
Indonesia Commercial Construction Market Leaders
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PT Pembangunan Perumahan (PTPP) (Persero) Tbk
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PT Wijaya Karya Bangunan Gedung Tbk
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PT. METROPOLITAN LAND TBK
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PT. TOTAL BANGUN PERSADA TBK
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PT. NUSA RAYA CIPTA
- *Disclaimer: Major Players sorted in no particular order
