The Ministry of Public Works and Public Housing targets the construction of the Bekasi-Cawang-Kampung Melayu (Becakayu) Toll Road to be completed by 2024. The government will support the completion of the 23.68 km road by helping the developer resolve the land and funding issues. [read more]

PT Daya Property Services (DPS) launched a property buying and selling site, especially the primary market segment, RoomA21.com to anticipate the increasing public interest in searching for properties online. Founder of Real Estate & Mortgage Institute (REMI) and Rooma21.com, Djoko Yoewono said, the... [read more]

State-owned construction firm PT Hutama Karya (Persero) booked Rp 8.45 trillion worth of contracts in 2021, comprising Rp4.42 trillion in joint operation agreement (KSO) and Rp 4.03 trillion in non-KSO contracts. As of September 2021, earnings before interest, taxes, depreciation and amortization (E... [read more]

Bank Indonesia (BI) estimated that investment loan performance will increase in 2022. This estimation is supported by higher investment loan growth by the end of 2021 with corporate loans increased by 7.98% in November 2021. [read more]

Commemorating the Road Day on 20 December 2021, the Ministry of Public Works and Housing and Toll Road Business Agency (BUJT) has announced the operational of Kertajati West Java International Airport Access (BIJB) which spans approximately 3.38 kilometers. The toll road was completed in September 2... [read more]