PT Kawasan Industri Jababeka Tbk. (KIJA) plans to increase its land bank this year with the allocated Rp200 billion capital expenditure from its internal funding. KIJA prioritizes to add existing land banks in Cikarang (West Java) and Kendal (Central Java). Based on the location, the land bank compr... [read more]

The Ministry of Public Works and Public Housing (PUPR) aims to start the Solo-Yogyakarta NYIA (New Yogyakarta International Airport) Toll Road project by March 2021. The first phase of the construction will start on the Kartasura-Purwomartani Section 1 of 42.37 kilometers. The PUPR Ministry has allo... [read more]

The government has accelerated the development of Batang Integrated Industrial Estate (KIT) with the progress for zone 1 and 2 reaching 95% and zone 3 aimed to be completed by the end of February. PT PP TBk. aims for existing investors to start the construction in the second and third quarter of 202... [read more]

Citra Swarna Group launched its fourth cluster named Kahuripan in the Kartika Residence, Karawang, West Java following after Kabandungan, Kawaluyaan and Karahayuaan clusters. Kahuripan Cluster will comprise 250 units with building types of a one-story, Besaja (34/60 m2) and Basmara (38/72 m2) and a... [read more]

PT Bumi Serpong Damai Tbk. (BSDE) aims for Rp7 trillion in marketing sales. This target will rely on its three main segments, including residential, commercial and other segments. BSDE also expects a limited growth in the fourth quarter 2020 when it recorded Rp1.8 trillion in marketing sales or 28%... [read more]