Indonesia Signs Close to 1,000 Infrastructure Deals

Feb 2021

In 2021, the Indonesian Ministry of Public Works and Housing signed 982 infrastructure procurement packages worth USD 889.2 million as of January 15, 2021. To speed up national economic recovery, Indonesia is betting on government expenditure to offset contractions in consumption, trade and investment.

In November 2020, the Ministry’s set the goal of signing 30% of the planned 4,900 infrastructure packages by January 2021. Currently, only a total of 1,191 packages have been signed.

The President also instructed the Ministry to revive the construction sector, which shrank by 5.67% in the fourth quarter of 2020 (versus 4.52% in the previous quarter). It is hoped that the construction sector will be able to create new jobs and have a multiplier effect along the supply chain, which covers iron, steel, cement and heavy equipment industries.

(Source: The Jakarta Post)

About Us

Orissa International helps companies that want to develop a market entry strategy for Southeast Asia or implement their business expansion into the region. We have very strong domain knowledge of markets and industry sectors, and a business network of over 16,000 companies that includes distributors, resellers, system integrators and local manufacturers, that we have built through advising and guiding more than 5,000 companies with their market expansion into the ASEAN region over the last 25 years.

Orissa International is headquartered in Singapore, with additional offices in Malaysia, Indonesia, Thailand, Vietnam, and the Philippines.

Our Services