Search and Filter Through Our Comprehensive Database of Residential Building (Design & Construction) Projects and Tenders in Indonesia
Identify and track latest residential building (design & construction) projects (upcoming, ongoing/under-construction, completed), tenders, and contract awards. Our extensive database and user-friendly interface make it easy for you to find the right business opportunity in Indonesia.
Indonesia Residential Building (Design & Construction) Industry Analysis
Indonesia has been experiencing a rapid growth in the new residential buildings construction projects industry. According to reports, the country's housing backlog was at 7.6 million units in 2020, with an annual demand for an additional 800,000 units. The country's growing population and urbanization have contributed to this high demand for new residential buildings.
The Indonesian government has initiated several programs and incentives to encourage the growth of the construction industry, including the One Million Houses Program, which aims to build 1 million affordable homes across the country by 2024. Additionally, the government has allocated significant funding for infrastructure development, which also supports the growth of the construction industry.
The private sector has also been active in the new residential buildings construction projects industry, with several large developers investing in new projects. The trend towards sustainable building practices and green technologies has also gained traction in Indonesia, with many new projects incorporating environmentally friendly features.
However, the industry is not without its challenges. One major challenge is the high cost of materials and labor, which can make it difficult to keep construction affordable for low-income households. Additionally, bureaucratic and regulatory hurdles can slow down project timelines and increase costs.
Looking ahead, the new residential buildings construction projects industry in Indonesia is expected to continue to grow, supported by a growing population and demand for affordable housing. However, the industry must also address its challenges to ensure that construction remains accessible and affordable for all segments of the population.
Looking for a List of Residential Building (Design & Construction) Projects in Indonesia?
Are you searching for residential building (design & construction) projects and tenders in Indonesia?
We have compiled the most comprehensive and up-to-date database of global projects and tenders to quickly find opportunities needing your services.
Blackridge Research's Global Project and Tender database is a valuable resource for EPC companies, general contractors, subcontractors, manufacturers, suppliers, operation & maintenance (O&M) companies, investors, consulting companies, and law firms looking for new business opportunities.
Our database includes all the essential project details, contact information of project owners and stakeholders, making it easy for you to establish your connection and grow your business.