COVID-19

MARKET Report - Indonesia

5 May 2020

The advent of coronavirus has resulted in a health, economic and societal crisis on a global scale. While countries across South-East Asia are well into the
midst of lockdown directives, many areas are starting to succeed in slowing the growth figures of the virus. Although there is no question that complex
challenges have and will continue to present themselves, the common sentiment among industry stakeholders is that the worst seems to be behind us. We’re
rapidly adjusting to and accepting how the world will be for the foreseeable future. As such the construction sector is seemingly beginning to stabilise, aided
by strategic and wide-scale government backing.

Subsequently, it appears that many key players within the industry are moving into the next stage of responding to this crisis wherein the focus lies on
optimising this new normal. How can we identify new opportunities and redefine our sales approach? How can we gain market knowledge to forecast the
inevitable evolution of the construction market? This outlook is evidenced by our recent inundation of LeadManager interactions and research enquiries
from BCI clients raring to participate in the new normal.

Trends, Insights & Feedback direct from our Research Department: 15 APRIL – 29 April 2020
Our Research Department is in daily contact with hundreds of industry decision makers in addition to councils and other regulatory bodies, to find out exactly
what is currently happening in construction straight from the source. With direct lines of communication disclosing which projects are proceeding, which
aren’t and what impacts different sectors are experiencing, our Research Department is uniquely positioned to share these exclusive insights with you –
helping you stay one step ahead. Their key feedback includes:

Many property developers The Ministry of Public Works

are getting creative and tech- (PUPR) is moving ahead with
nical, offering virtual tours to its large-scale program to
customers. For example, PT invest in construction projects
Intiland Development Tbk, in rural areas, designed to
is offering interactive virtual create work for those living
show unit experiences. outside metropolitan areas
during the pandemic. A total
of IDR 10.2 trillion has been
budgeted for the program,
with IDR 2.25 trillion allocated
for irrigation improvement
works.

Construction of the UGM Academic Hospital

was 75% completed when it was halted in
2010, but work has now resumed and it is due
for completion by the end of May 2020. The
hospital is composed of two buildings and will
have a capacity of 107 beds for inpatient care,
as well as treatment and isolation rooms. It will
be used as a referral site for COVID-19 cases.

PROJECT OVERVIEW
This edition of the COVID-19 Market Report provides an overview of what has been happening over 15 April to 29 April in 6 major construction categories
across the public and private sectors. We’ve focused on key milestones in the development process, as well as the overall volume of ongoing work in each
category.

CIVIL RESIDENTIAL INDUSTRIAL

# IDR million USD million # IDR million USD million # IDR million USD million
Early Stage 172 118,770,202.0 7,824.6 Early Stage 120 11,057,574.0 728.5 Early Stage 25 1,797,365.0 118.4
Projects Projects Projects

Projects Reported in 84 1,888,844.0 124.4 Projects Reported in 6 23,714.0 1.6 Projects Reported in 12 588,826.0 38.8
Tender Stage Tender Stage Tender Stage

Projects Reported in Main 82 13,780,402.0 907.9 Projects Reported in Main 97 2,454,432.0 161.7 Projects Reported in Main 35 473,353.0 31.2
Contract Awarded Stage Contract Awarded Stage Contract Awarded Stage

Total Private 206 172,114,574.0 11,338.9 Total Private 254 30,212,866.0 1,990.4 Total Private 57 24,178,905.0 1,592.9
Projects Projects Projects

Total Public 282 19,316,655.0 1,272.6 Total Public 62 1,758,167.0 115.8 Total Public 56 20,181,318.0 1,329.5
Projects Projects Projects

Total Projects 488 191,431,229.0 12,611.5 Total Projects 316 31,971,033.0 2,106.3 Total Projects 113 44,360,223.0 2,922.5
Reported Reported Reported

COMMERCIAL EDUCATION COMMUNITY

# IDR million USD million # IDR million USD million # IDR million USD million
Early Stage 229 17,574,816.0 1,157.8 Early Stage 64 1,388,557.0 91.5 Early Stage 195 10,698,255.0 704.8
Projects Projects Projects

Projects Reported in 16 159,292.0 10.5 Projects Reported in 8 146,293.0 9.6 Projects Reported in 23 298,005.0 19.6
Tender Stage Tender Stage Tender Stage

Projects Reported in Main 106 2,616,662.0 172.4 Projects Reported in Main 35 349,651.0 23.0 Projects Reported in Main 61 1,761,586.0 116.1
Contract Awarded Stage Contract Awarded Stage Contract Awarded Stage

Total Private 287 46,621,418.0 3,071.4 Total Private 9 568,788.0 37.5 Total Private 129 27,201,849.0 1,792.1
Projects Projects Projects

Total Public 172 4,789,264.0 315.5 Total Public 128 3,048,061.0 200.8 Total Public 248 5,894,488.0 388.3
Projects Projects Projects

Total Projects 459 51,410,682.0 3,386.9 Total Projects 137 3,616,849.0 238.3 Total Projects 377 33,096,337.0 2,180.4
Reported Reported Reported

Please Note
The figures in this report are based on reliable sources and direct feedback from project contacts, but are subject to change. Future updates will be adapted
to capture the current state of the market as government restrictions change. Information utilised in this report is current as of 29 April 2020. This information
has been prepared without taking your specific needs or objectives into account. Because of this you should consider its appropriateness with regard to your
objectives or needs before acting on this information. BCI Asia does not warrant the accuracy or completeness of the information in this publication, and
accepts no, and disclaims all, liability for any loss or damage whether occasioned by reliance on such information or otherwise. The information is subject to
change without notice and BCI Asia is under no obligation to update the information or correct any inaccuracy which may become apparent at a later date.

PROJECT HIGHLIGHTS
Take a sneak peek at some active projects in Indonesia.

Construction Project Value

Project
PID Project Name/Type Start Date
Location
(Estimated) IDR million USD million

182156002 JAKARTA GARDEN CITY - NEW EAST APARTMENT Jakarta Timur Q3 2021 390,000.0 23.7

KUALANAMU AIRPORT - PASSENGER TERMINAL

176434002 Medan Dec 2020 7,000,000.0 426.1
EXTENSION

Want more?
BCI is committed to supporting your business through the current construction climate. To request a free COVID-19 Market Report for another South-East
Asian country, or for more comprehensive information on all aspects of the construction market, please click here to contact the BCI team.

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