The Indonesian government aims to achieve 5.2% annual economic growth by adopting the basic assumption of 2024 macro economy. This target has been set amidst the global uncertainty which is estimated to continue until next year. A number of international financial institution including the World Ban... [read more]

The Jakarta Provincial Administration will continue IB Phase Velodrome-Manggarai of LRT Jakarta with the total length of 6.4 kilometers, as delivered by the Head of DKI Jakarta Transportation Agency (Dishub) Syafrin Liputo. The groundbreaking process is planned for at least in early October. [read more]

The Toll Road Management Agency (BPJT) of the Ministry of Public Works and Public Housing has aimed to fully connect Solo – Yogayarta YIA Kulonprogo Toll Road by the third quarter of 2026. Currently, the average construction progress of the first section comprising two work packages of Kartasura-Pur... [read more]

Tokyu Land Indonesia (TLID) officially topped off the BRANZ Mega Kuningan project, the third premium condominium development after BRANZ Simatupang and BRANZ BSD. Residing on a total land area of 1 hectare, the project comprises 482 condominium units, 240 serviced apartment units and retail units. T... [read more]

The Gelora Bung Karno Management (PPKGBK) aims to complete the execution of Block 15 in the GBK Area, also known as the Sultan Hotel from PT Indobuildco before December 2023, based on the legal civil court final decision. The execution is expected to be completed before the Presidential Election in... [read more]