Development Projects in Jakarta
Jakarta, the largest city in Indonesia, is known for its immense skyline, with more than 100 buildings over 200-metres tall. Jakarta continues to grow both in population and in the development of its urban infrastructure. Of note is the city’s Mass Rapid Transit project which aims to increase the public transport system’s passenger capacity, thereby reducing traffic congestion. This project features the North – South Line: phase 1, now operational, connects Lebak Bulus to Bundaran HI; phase 2A (PID
193818002), currently under construction, consists of seven underground stations over 5.8km from Bundaran HI to Kota.
Another project that aims to improve Jakarta’s connectivity is the Jakarta-Bandung High-Speed Railway (PID 201399002). This will be the first high-speed railway project in Indonesia and Southeast Asia, with a track length of just under 145km. Initially delayed by COVID, construction of the railway, stations and their surrounding areas will see an increase in activity and development, which will ideally lead to increased opportunities in the residential sector.
Surabaya, a port city on the Indonesian island of Java, is the second-largest city in Indonesia, after Jakarta. When it comes to residential development in Surabaya, the Kampung Improvement Program has seen upgrades to housing areas’ physical infrastructure, including roads, footpaths, drainage canals, water supply and sanitation. The program sees the continued planning, design and supervision of construction work that supports the housing needs of Surabaya’s population.
Some residential projects in Surabaya to keep an eye out for include:
Westown View – Sandbridge Tower (PID 178802002): The Sandbridge Tower, developed by PP Properti Tbk PT, is a 36-storey apartment building valued at an estimated 1,540,000m IDR. This project is expected to be completed in Q4 2024.
Trans Icon Surabaya – Alpine Tower (PID 173681002): Developed by Trans Property PT, the Alpine Tower is a 32-storey apartment building featuring over 1000 units and a sky garden among other recreational spaces. Construction on this tower is expected to end in Q3 2023.
Eastcovia Apartment – Zaha Tower (PID 190681002): Currently in the Concept stage of its development, the 35-storey Zaha Tower is valued at an estimated 381,810m IDR. This project is being developed by Bumi Wahana Nusantara PT.
New Infrastructure Advancement in Bali
Bali, a province of Indonesia, is a popular island holiday destination for many tourists every year. In fact, Bali’s economy is predominately fuelled by the tourism industry. The island’s development roadmap continues to embrace tourism as an economical pillar, but also calls for strategic infrastructure projects, funded by the national government, that should see Bali’s dependence on tourism lessen in the future.
Some of the Bali infrastructure projects to keep an eye out for include continued work on the Sangsit Port in Buleleng Regency (PID 3488002), construction of the Singamandawa Kintamani Market in Bangli Regency (PID 216424002), and the Nusa Penida water supply project (PID 209274002).
Using BCI LeadManager, it’s easy to get information about who’s working on what project, at what time. Detailed search filters allow you to identify the projects and companies that are most relevant to your business; in other words, thousands of potential sales leads at your fingertips.
If you’re looking for Indonesia construction leads, you can filter your LeadManager search by project location. Sorting the results will reveal some of Indonesia’s highest valued projects, including:
Pertamina Refinery Development Masterplan Program (RDMP) Project – Balikpapan (PID 151998002): The Balikpapan RDMP project aims to increase the oil refinery’s capacity and improve the quality of its products according to an environmentally friendly standard. Construction is expected to be completed in Q3 2024.
Freeport Smelter Plant – Gresik (PID 151330002): Developed by PT Freeport Indonesia, the copper smelter plant in Gresik, East Java will have a capacity of 1.7 million tonnes per annum. This project, PT Freeport Indonesia’s second copper concentrate refining and processing facility, is expected to be completed in 2024.
Demak – Tuban Toll Road Development (PID 217907002): This project, currently in the early planning stages, will see the construction of a 180.58-kilometre toll road from Demak to Tuban. With eight junctions, the objective of the road is to increase development of areas that the toll road passes, and to support regional economic growth.