In time for the launch of BMI’s infrastructure Q109 reports we have revised our construction data. The data has been modified from 2008 onwards. This initiative stems from new methodology being introduced in our forecasting method and aims to increase the relevance and reliability of BMI’s infrastructure data. BMI strives to be able to offer five year industry forecasts for the Indonesia Q109report however that data is not currently available, but it will be updated in time for Q209. BMI therefore will make its predictions based on data sets from 2009-2012.
For 2009 BMI forecasts that
BMI believes that the construction sector, not just domestically in Indonesia, but worldwide will be buffeted by the global economic downturn and will lead to investors tightening their belts, leaving less money to go towards funding infrastructure related projects, especially those in the real estate sphere. This could see a serious decline in the number of companies available to participate in Private Public Partnership (PPP) projects, which will lead to delays and in some case cancellations of proposed infrastructure schemes.
In relation to Indonesia BMI has no news of specific projects that may be affected by the economic downturn, it could be a case of watch this space. BMI however is confident that the big infrastructure projects launched in 2008 especially projects associated with boosting
© 2009 Business Monitor International Ltd