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Real estate and construction
The Real Estate & Construction sector is one of the pillars of the global economy, responsible for meeting the increasing needs of the population for affordable housing and for efficient social, transportation and utility infrastructure. As a labour-intensive industry, it is a major contributor to employment, income generation and social progress. Real Estate & Construction is also an essential element for economic value creation and sustainable growth, as it lays the foundations for the development of virtually all other industries.
Activities associated with Real Estate & Construction are the construction of residential and non-residential buildings, heavy and civil engineering construction, and the related speciality trade contracting activities. It also includes management and leasing of land and properties, real estate brokerage, architectural and engineering services, warehousing and storage activities, and operation of car parks and garages.
The Association of Southeast Asian Nations (ASEAN) is a diverse landscape in terms of infrastructure as it includes a world leader such as Singapore alongside developing economies that are currently in the process of upgrading and expanding their ...
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Indonesia's construction sector is a key driver of economic growth and a major contributor to employment. The sector generates a tenth of the national gross domestic product (GDP) and employs more than 9mn people. In recent years, the sector has been ...
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Indonesia's infrastructure sector is poised for a major shift in focus under President Prabowo Subianto. Unlike his predecessor, who relied mainly on state companies to boost his infrastructure agenda, the newly sworn-in president wants the private ...
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The countries of the Association of Southeast Asian Nations (ASEAN) are a vastly diverse and uneven landscape in terms of infrastructure development. For instance, Singapore is a perennial global leader in infrastructure quality whereas other ...
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In recent years, Indonesia's construction sector has been supported mainly by the government's ambitious agenda for infrastructure development as the country seeks to improve and expand its connectivity network to reduce the development gap between ...
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Developing Indonesia's infrastructure has been a top priority for the country's governments during the two terms of outgoing president Joko Widodo. Over the past decade, Indonesia has spent almost USD 800bn on new infrastructure projects as part of ...
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In recent years, Indonesia's construction sector has been mainly supported by the government's ambitious agenda for infrastructure development as the country seeks to improve and expand its connectivity network to reduce the development gap between ...
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