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January 31, 2022updated 17 Feb 2022 12:28pm

Five largest construction projects initiated in Indonesia in Q4 2021

By Carmen

Here are the five largest construction projects initiated in Indonesia during Q4 2021, according to GlobalData’s construction projects database.

1. Tuban Olefin Complex Development Project – $4,900m

The project involves the construction of an olefin production complex with a production capacity of 1 million tons of polyethylene and 600,000 tons of polypropylene in Tuban, East Java, Indonesia.

Construction work started in Q4 2021 and is expected to be completed in Q4 2024.

The main aim of the project is to develop petrochemical facilities to produce methanol, propylene, and polypropylene from natural gas.

2. Gresik Copper Smelting Plant – $2,800m

The project involves the construction of a smelting plant with a capacity of 1.7MTPA of copper cathode on 100ha of land in Gresik, East Java, Indonesia.

Construction work commenced in Q4 2021 and is expected to finish in Q4 2023.

The project aims to increase the production capacity to meet the growing demand for a refined copper cathode and will create 2,000 direct and indirect jobs.

3. Cement Factory Development – $1,689m

The project involves the construction of a cement factory with a production capacity of 8 million tons per year in East Kalimantan, Indonesia.

Construction work started in Q4 2021 and is forecast to complete in Q4 2024.

4. Plaju Green Diesel Refinery – $500m

The project involves the construction of an oil refinery plant that will produce B100 fuel with a production capacity of 1 million tonnes per year in Plaju, South Sumatra, Indonesia.

Construction work commenced in Q4 2021 and is expected to be completed in Q4 2023.

5. One Avenue Mixed-Use Development – $350m

One Avenue involves the construction of a mixed-use development on 5ha of land comprising of four towers of luxury apartments and an office tower in Batam, Riau Island, Indonesia.

Construction work started in Q4 2021 and is expected to be completed in Q1 2025.

The project aims to provide better residential and office space 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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