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About Construction and Projects in Indonesia Overview
The construction and projects market in Indonesia has slowed since 2020 due to the COVID-19 pandemic. Major infrastructure projects currently underway are government-sponsored and include mass transit systems, toll roads, seaports, and energy projects. Procurement arrangements for local construction projects commonly involve contracts between the project owner and contractor based on delivery system, service payment method, and work calculation system. When international parties are involved, foreign contractors must establish a local presence. Common transaction structures include build-operate-transfer, build-own-operate-transfer, and public-private partnerships using special purpose vehicles.
Detailed Information
Author: | ['Daniel Lubis'] |
---|---|
Publication Year: | 2023 |
Pages: | 31 |
Language: | English |
Format: | |
Price: | FREE |
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