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July 28, 2022

Five largest construction projects initiated in Indonesia in Q2 2022

By Carmen

Here are the five largest construction projects initiated in Indonesia during Q2 2022, according to GlobalData’s construction projects database.

1. Nickel Processing Plant – $3,500m

The project involves the construction of a nickel sulfate processing plant with a production capacity of 150,000 tons of nickel sulfate per year in Central Java.

Construction work started in Q2 2022 and is expected to be completed in Q4 2026.

The project aims to produce 150,000 tons of nickel sulfate per year.

2. Yogyakarta-Bawen Toll Road – $1,011m

The project involves the construction of a 76.36km toll road from Bawen to Yogyakarta in Indonesia.

Construction work commenced in Q2 2022 and is expected to finish in Q4 2024.

The project aims to enhance the transportation system and reduce travel time and to support the New Yogyakarta International Airport and tourism in Borobudur and other destinations in Yogyakarta, Solo, and Semarang (Joglosemar).

3. Antasari Place Apartment Complex – $246m

The project involves the construction of two 33-story apartment towers comprising 1,601 residential units on 2.5ha of land in South Jakarta.

Construction work started in Q2 2022 and is forecast to complete in Q2 2025.

The aim of the project is to develop better residential facilities in the region.

4. Serang Aseptic Packaging Plant – $200m

The project envisaged the construction of a 55,079m2 aseptic packaging plant on 16.5ha of land with a capacity to produce 18 billion packs per year in Serang, Banten.

Construction work commenced in Q2 2022 and is expected to be completed in Q4 2024.

The aim of the project is to serve the strong and fast-growing customer base of aseptic packaging and become a global leader in the food and beverage packaging industry by being a one-stop solution provider by offering the lowest carbon footprint products.

5. Myze Hotel Development – $100m

The project involves the construction of a four-star hotel with 132 room units in East Nusa Tenggara.

Construction work started in Q2 2022 and is expected to be completed in Q4 2023.

The project aims to provide better hospitality and leisure facilities in the region.

Methodology:This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.

Verdict’s parent company GlobalData plc provides business information to 4,000 of the world’s largest companies.

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