24 Juli 2012

Balanced Scorecard (BSC) untuk Perusahaan Konstruks

Balanced Scorecard (BSC) merupakan instrumen sistem manajemen strategi yang dapat dipakai untuk memetakan strategi, menselaraskan strategi dengan proses bisnis konstruksi dan melaksanakan atau mengeksekusi strategi. Instrumen ini diperkenalkan oleh Kaplan & Norton (1992) dan sudah diadopsi luas oleh banyak perusahaan di berbagai sektor industri.
Bagaimana dengan sektor konstruksi? Apakah instrumen ini juga banyak diterapkan oleh para konsultan atau kontraktor di Indonesia? Indikator-indikator ukuran apa saja yang khas digunakan pada perusahaan konstruksi? BSC juga dapat diapakai untuk mengukur kinerja industri konstruksi, di mana semua pelaku industri dimetrikkan berdasarkan inisiatif dan sasaran strategisnya masing-masing untuk mencapai visi dan misi industri konstruksi nasional. Indikator kinerja ini diperlukan untuk memetakan dan sekaligus mengukur kinerja industri konstruksi Indonesia berdasarkan unsur-unsur LPJK Nasional atau sebagai program strategis dari Pembina Konstruksi dalam hal ini Departmene Pekerjaan Umum
Jika berminat dengan topik penelitian ini, silahkan kontak saya.

03 Juni 2012

Indonesia Infrastructure Report Q3 2012 (14 May)

WWe have revised down our 2012 construction forecasts for Indonesia, with real growth expected to reach around 6.9% in 2012 (previously 7.1%). This revision is primarily due to a government plan to cut fuel subsidies, which we believe is likely to reverse the conducive monetary conditions for construction activity. In addition, we believe there is a real risk that Indonesia's construction sector could fail to realise its long-term growth potential, as key regulatory reforms have either failed to transpire or been overturned We believe that these negative factors could lead to a lack of private investment and have thus revised down our forecast for annual average construction real growth between 2013 and 2016 to 7.7% (previously 7.9%). Key factors that will facilitate growth include:

In January 2012, PLN announced that it has identified 96 locations that are suitable for new hydroelectric power plants across the country, reports thejakartapost.com. PLN will develop 60% of the proposed facilities, with the remaining 40% to be offered to independent power producers (IPP) through a series of tenders. The power plants will have a total production capacity of 12,800MW.

In February 2012, the Indonesian government announced that it will undertake a feasibility study for the proposed US$13.9bn Sunda Strait bridge project during 2012. However, the government said that it would only pay IDR1.5trn (US$164mn), equivalent to 1%, of the project's total cost for the feasibility study. The 31km bridge will run between Anyer on the island of Java to Bakauheni on the island of Sumatra and be the largest inter-island edifice in the country. Construction is scheduled to start in 2014 and the bridge is expected to be operational by 2025. The development of the project is led by the consortium PT Graha Lampung Banten Sejahtera.

In March 2012, PLN announced plans to launch a tender for the IDR20trn (US$2.18bn) Sumatra-Java high-voltage-direct current interconnected project in April 2012. Construction is expected to start in 2013, with completion scheduled for 2017. Once completed, the system is expected to distribute 3GW of electricity from Sumatra to Java and Bali Island, or vice versa. The project involves the construction of a converter station in Muara Enim [South Sumatra] and an inverter station in Bogor [West Java]. The line will be used to supply power from South Sumatra to fulfil the rising demand for power in Java, with several coal-fired power plants being built in the former region.

Reference: Indonesia Infrastructure Report © Business Monitor International Ltd.

22 Agustus 2011

Indonesia Infrastructure Report Q4 2011

Executive Summary
Indonesia’s construction industry achieved lower-than-expected growth rates in the first quarter of 2011, prompting us to downwardly revise our full-year real growth forecasts for the sector to 6.3% in 2011 (previously 7.4%). We believe that this weaker growth is due to the rising cost of inputs and the fact there has been no resolution with regard to problems with regulatory issues in the construction sector. While the rate of inflation is likely to ease in the second half of this year, regulatory issues are unlikely to be resolved quickly, and this could have ramifications for the growth potential in the construction sector over the long term. Nevertheless, construction activity, driven by investment into transport and energy infrastructure, as well as industrial construction related to the country's growing mining sector, is expected to be relatively robust between 2012 and 2015, averaging 7.3% per annum.
Reference
Indonesia Infrastructure Report Q4 2011, © Business Monitor International Ltd.

07 Agustus 2011

Indonesia Infrastructure Report Q3 2011

EXCEUTIVE SUMMARY
BMI View: Indonesia’s construction industry has been experiencing exceptionally high levels of inflation over recent years; however, despite this trend real growth has been high, averaging 7.6% per year between 2003 and 2010. Although these high levels of inflation are expected to continue over the forecast period (2010-2015), the construction industry is still anticipated to post high real growth, reflecting the high levels of anticipated activity. This is being driven by investment into transport and energy infrastructure, as well as industrial construction related to the country's growing mining sector. In 2011 we are forecasting construction industry growth of 7.4%, and between 2011 and 2015 we are forecasting growth to average 8.1% per year.
Key factors that will facilitate growth include:
�� The Indonesian government is looking at issuing Islamic bonds to meet its financing needs. In January 2011, Bloomberg reported that the finance ministry had proposed to the Indonesian shari'a board – Majelis Ulama Indonesia – that revenues from new road and rail projects (due to be built over the next three years) should be used to repay Islamic bonds.
�� In December 2010, Japan signed a Memorandum of Cooperation (MoC) with Indonesia for the development of around US$24bn worth of infrastructure projects in the Jakarta Metropolitan Priority Area (MPA). However, the recent devastation wrought by the Tohoku Pacific earthquake that hit Japan on March 11 2011 has raised significant uncertainty about the future destination of Japanese investment and the project could now be delayed.
�� In March 2011, the Indonesian government announced that it may offer 16 infrastructure projects worth US$32bn to investors in April 2011. These 16 projects are to be offered under a public private partnership (PPP) framework and would focus on a wide variety of infrastructure developments; ie toll roads, bridges, railways, seaports, power plants, water treatment facilities and cruise terminals. However, only five of the 16 projects are currently ready for investment.
Indonesia’s business environment remains a downside risk for investors. Although the Indonesian government is working hard to attract private investors, there is still an underlying threat of corruption and a lack of transparency in infrastructure tenders. The biggest concern is that Indonesia appears to be regressing in its fight against corruption, with a raft of proposals – that if approved – would undermine current anti graft laws. This culminates in a score of just 55.6 out of 100 for infrastructure business environment.

Reference
Indonesia Infrastructure Report Q3 2011

06 Maret 2011

Daftar Rencana Topik Penelitian S2 (Magister)

Berikut ini adalah daftar rencana topik-topik penelitian untuk tugas akhir atau thesis untuk program magister (S2) pada program magister "manajemen konstruksi" atau "manajemen proyek" :

1. Asset dan Kapabilitas Teknologi dalam hubungannya dengan keunggulan bersaing dan kinerja lestari perusahaan
2. Asset dan Kapabilitas Inovasi/Komplementer dalam hubungannya dengan keunggulan bersaing dan kinerja lestari perusahaan
3. Asset dan Kapabilitas Keuangan dalam hubungannya dengan keunggulan bersaing dan kinerja lestari perusahaan
4. Asset dan Kapabilitas Reputasi dalam hubungannya dengan keunggulan bersaing dan kinerja lestari perusahaan
5. Asset dan Kapabilitas Struktur dalam hubungannya dengan keunggulan bersaing dan kinerja lestari perusahaan
6. Asset dan Kapabilitas Institusional dalam hubungannya dengan keunggulan bersaing dan kinerja lestari perusahaan
7. Asset dan Kapabilitas Pasar/Posisi dalam hubungannya dengan keunggulan bersaing dan kinerja lestari perusahaan



Rencana penelitian ini merupakan lanjutan dari studi penelitian dari disertasi tentang manajemen strategik pada perusahaan konstruksi di Indonesia yang mengacu kepada paradigma strategi bisnis yaitu kapabilitas dinamis (dynamic capabilities framework) yang digagas oleh David Teece (1990,1994, 1997, 2007, 2009).



Kepada yang berminat terhadap topik-topik di atas, silahkan kontak ke mspamulu@gmail.com untuk diskusi lebih lanjut. Terima kasih atas perhatiannya

31 Januari 2011

Indonesia Infrastructure Report Q1 2011

Executive Summary

Indonesia’s construction industry value is expanding rapidly, a trend forecast to continue over our newly extended forecast period (2010-2020). This is being driven by investment into both transport and energy infrastructure, as well as industrial construction related to the country’s growing mining sector. In 2010 we are forecasting construction industry growth of 5.7%, and between 2011 and 2015 we are forecasting growth to average 7.2% per year. This quarter we have added a new section covering residential, commercial and industrial construction as well as social infrastructure.
Key factors facilitating growth:
• Indonesian government’s efforts to attract private investment into infrastructure. The government has employed a number of tools and enacted a variety of measures to facilitate investments and increase the number of public private partnerships (PPPs). Measures include the creation of the Indonesia Infrastructure Fund, designed to provide an alternative source of funding for infrastructure projects. Measures related to land issues are also being implemented, as land clearance is one of the major barriers to the country's investment climate.
• Strong and growing Foreign Direct Investment (FDI). FDI in Indonesia has grown substantially over recent years, from US$6bn in 2006 to US$10.8bn in 2009, according to the Indonesia Investment Coordinating Board. This trend looks set to continue in 2010, with first quarter figures rising by 41% year-on-year (y-o-y) to US$3.92bn. Strong sectors for investment continued to be the transport, storage and communications industry, which recorded US$941.5mn investment for 23 projects and the mining sector, which attracted US$711mn for 12 projects. Both of these sectors demand supporting infrastructure, and investment into the sectors has buoyed the construction sector.
• Substantial investment plan for the power sector by state owned utility PLN. PLN is enacting a two phase ‘crash programme’ to expand electricity generating capacity, with each phase adding 10,000MW of capacity. PLN was targeting investments of US$7.9bn in 2010 and a further US$9.8bn for 2011.
• Transport infrastructure is receiving substantial attention, specifically freight networks. With heavy investment into the mining sector, accompanying railways and ports are being developed to export coal. Billions of dollars of investments in railways have been pledged in 2010, driving transport infrastructure growth over the next five years.
Despite a strong outlook, a number of factors could undercut prospects for growth. The first is very high inflation in the construction sector, driven by rising construction materials prices. According to a recent study of 11 countries in Asia, Indonesia had the fourth highest cement price in the region. Indeed, a 50kg bag of cement in East Java costs almost double what it would in China, according to the Jakarta Post.
With cement costs accounting for around 30% of project costs, the impact is notable. The main reason for the higher prices has been blamed on transport and distribution costs, and the uncertain electricity supply in the country is bound to have an impact. There are also concerns of collusion between cement makers, limiting production to drive prices higher. High prices could erode real value creation and if costs run too high, projects could become unfeasible financially.
The other threat is the business environment. Although the Indonesian government is working hard to attract private investors, there is still an underlying threat of corruption and transparency in tendering infrastructure. This culminates in a score of just 54.6 out of 100 for infrastructure business environment and 35.8 out of 100 for project finance ratings.

Ref. © 2010 Business Monitor International: Indonesia Infrastructure Report Q1 2011

22 Juni 2010

STRATEGIC MANAGEMENT PRACTICES IN CONSTRUCTION INDUSTRY: A STUDY OF INDONESIAN ENTERPRISES

Since the establishment of the first national strategic development plan in the early 1970s, the construction industry has played an important role in terms of the economic, social and cultural development of Indonesia. The industry’s contribution to Indonesia’s GDP increased from 3.9% in 1973 to 7.7% in 2007. Business Monitoring International (2009) forecasts that Indonesia is home to one of the fastest-growing construction industries in Asia despite the average construction growth rate being expected to remain under 10% over the period 2006 – 2010. Similarly, Howlett (2009) places Indonesia as one of the 20 largest construction markets in 2010.
Although the prospects of the Indonesian construction industry have become attractive and very promising, many local construction firms still face serious difficulties, such as poor performance and low competitiveness. There are two main reasons behind the problem: the environment that they face is not favourable; the other is the lack of strategic direction to improve competitiveness and performance. Meanwhile, although strategic management has now become more widely used by many large construction firms in developed countries, practical cases or empirical findings related to the Indonesian construction industry remain scarce. In addition, research endeavours related to these topics in developing countries appear to be limited. This has potentially become one of the factors hampering efforts to guide Indonesian construction enterprises.
This research aims to construct a conceptual model to enable Indonesian construction enterprises to develop sound long-term corporate strategy that generates competitive advantage and superior performance. The conceptual model seeks to address the main prescription of a dynamic capabilities framework (Teece et al., 1997; Teece, 2007) within the context of the Indonesian construction industry. It is hypothesised that in a rapidly changing and varied environment, competitive success arises from the continuous development and reconfiguration of firm specific assets achieving competitive advantage not only dependent on the exploitation of specific assets/capabilities, but on the exploitation of all of the assets and capabilities combinations in the dynamic capabilities framework. Thus, the model is refined through sequential statistical regression analyses of survey results with a sample size of 120 valid responses.
The results of this study provide empirical evidence in support of the notion that a competitive advantage is achieved via the implementation of a dynamic capability framework as an important way for a construction enterprise to improve its organisational performance. The characteristics of asset-capability combinations were found to be significant determinants of the competitive advantage of the Indonesian construction enterprises, and that such advantage sequentially contributes to organisational performance. As dynamic capabilities framework can work in the context of Indonesia, it suggests that the framework has potential applicability in other emerging and developing countries. This study also demonstrates the importance of multi-stage nature of the model which provides a rich understanding of the dynamic process by which asset-capability should be exploited in combination by the construction firms operating in varying levels of hostility. Such findings are believed to provide useful to both academics and practitioners, however, as this research represents dynamic capabilities framework at the enterprise level, future studies should continue to explore and examine the framework in other levels of strategic management in construction as well as in other countries where different culture or similar condition prevails.

18 April 2009

Dynamic Capabilities in Construction -- Interim Results for the 2009 Survey on Indonesian Construction Firms

I’m conducting a research survey as a part of my Ph.D study to elicit critical comments and feedback from Indonesian large construction firms regarding to their dynamic capabilities and industry specific factors that contribute business success in Indonesia.


The research is based on the Dynamic Capabilities Framework (Teece, D.J., 1994/1997 ; 2007/2009) and Five Forces Framework (Porter, M.E., 1985)


UPDATE:

10 April 2009 – This summary was prepared for the 31 March 2009 online based result only, the paper based versions were not included and the result given here is now outdated

Please contact me on +61 402155808 or email if you would like more information or a copy of research results.

Thanks, M. Sapri Pamulu

22 Maret 2009

Survey Bisnis Konstruksi Indonesia 2009

Beberapa waktu lalu, suatu survei tahap-1 terkirim yang bermaksud mendapatkan masukan tentang dampak dari factor-faktor dan dan luar terhadap strategi bisnis konstruksi. Perusahaan anda termasuk dalam populasi dari perusahaan konstruksi yang beroperasi di Indonesia. Survei merupakan proyek penelitian mahasiswa pasca sarjana yang dibiayai oleh Queensland University of Technology Australia.
Jika anda telah menyelesaikan dan mengembalikan survey tersebut kepada kami, perkenankan kami mengucapkan terima kasih. Jika belum, sebagaimana Survey Tahap-2 ini merupakan survey tindak-lanjut dengan anda tentang survey sebelumnya, dan kami akan sangat menbghargai jika anda dapat melengkapi daftar pertanyaan hari ini. Kami memahami bahwa ini adalah waktu yang sangat menyibukkan tahun ini, tetapi adalah hal yang sangat penting bahwa informasi tentang asset dan kapabilitas perusahaan anda termasuk dalam studi kami untuk memberi gambaran yang luas tentang bisnis konstruksi yang beroperasi di Indonesia. Survei ini memerlukan waktu sekitar 15 - 30 menit untuk dilengkapi baik versi cetak (offline) maupun online versi Bahasa Indonesia dan English version
Untuk melengkapi survei ini, dimohon untuk memperhatikan instruksi sebagai berikut:
1. Survey ini akan mengkaji hubungan antara asset, kapabilititas dan kinerja perusahaan, kami menganjurkan untuk dengan singkat membaca semua faktor di Bagian Pertama, dan Daftar definisi yg tersedia sebelum membuat tanggapan akhir.
2. Untuk setiap item pertanyaan, mohon lingkari nomor yang tepat sesuai dengan jawaban anda. Terdapat tiga (3) bagian untuk diselesaikan ( Section/Bagian I, II, dan III)
3. Semua informasi dari sini akan diperlakukan dengan sangat rahasia. Semua data yang terkumpul akan dianalisa dan semua informasi tentang perusahaan/responden akan disimpan terpisah dari data survey.
4. Jika nada berkenan untuk menerima souvenir dan ringkasan hasil survey dari kami, mohon mengisi data respondend pada tempat yang tersedia di bagian akhir survey ini (hal.9).
5. Dimohon untuk melengkapi survey ini sebelum tanggal 31 Maret jika memungkinkan.. Survei yang telah diselesaikan agar dikirim melalu fax atau surat elektronik kepada M. Sapri Pamulu / Stephen Kajewski, BEE-QUT Brisbane, Australia 4001, Fax +61-7-31381170 (Internasional) or +62-21-7817235 (Lokal) atau email to m.pamulu@qut.edu.au

Terima kasih atas partisipasi dan kerjasamanya. M.Sapri Pamulu

31 Januari 2009

Indonesia Infrastructure Report Q1 2009

EXECUTIVE SUMMARY

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 Indonesia’s construction industry will be worth IDR 410,643 billion (US$45.20bn). The sector’s value is forecast to continue increasing and we expect it to be worth approximately IDR 585,829 billion (US$68.92bn) in 2012. We note that growth in Indonesia’s construction sector is slowing from its peak growth in 2006 of 9%. In 2008 year-on-year (y-o-y) growth slipped to7.76% and we predict growth will slow further in 2009 at just 5.76%. Growth in Indonesia’s construction industry is however expected to pick-up momentum after this lull and we forecast it to stand at 6.86% in2012.

 

Indonesia’s construction sector is forecast to make up 7.45% of the country’s total GDP and this is set to expand to 7.79% in 2012. In 2009 we predict that the sector will employ 5.6mn workers and we believe this number has upside potential and will reach 6.5mn in 2012. The construction industry will make up approximately 5.66% of Indonesia’s total workforce in 2009 and this share is expected to grow to 6.27%in 2012.

 

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 Indonesia’s power infrastructure, where do to the fact that demand is outstripping supply, the country faces regular power shortages and cuts.

© 2009 Business Monitor International Ltd

29 Juni 2008

Indonesia Infrastructure Report Q2 2008

Indonesia, South East Asia’s largest economy, is home to a vibrant construction industry and is witnessing increased investment flows into its infrastructure sector as the state strives to improve the statutory framework - making domestic infrastructure projects more attractive and bankable for investors.This report forecasts that the construction industry is likely to experience an average annual growth rate of 5.74% over the 2008-2012 forecast period.
There is a mix of small, medium and large companies operating in Indonesia’s construction industry.Some of the largest Indonesian firms are members of the Contractors’ Association (AKI). These are the players that are expected to undertake major government projects and compete with international construction companies, both in the domestic and international
markets.
In the current year, the central government has allocated nearly 20% of the overall budget expenditure to public infrastructure development. Moreover, with projects worth more than US$100bn in the pipeline,Indonesia’s domestic construction industry looks set to experience robust growth, in line with economic expansion. In a recent presidential address on the draft 2008 state budget, it was indicated that budgetary allocations to the transport and public works
departments will be increased significantly. It is estimated that in the period 2005-2010, the Indonesian infrastructure sector would require over US$150bn in funding, and a large part of this will have to be raised purely through foreign and domestic private investment.
However, Indonesia is plagued by a few negatives. Primary among these is its business operating environment - considered among the poorest in Asia. Investors often have to contend with security concerns and poor governance characterised by widespread corruption, lack of transparency, poor legal compliance and a highly inefficient tax regime.
Some players from nations such as Japan, South Korea and Taiwan are still wary of financing projects or investing directly in Indonesia. Costly labour is cited as one reason. Another problem that is encountered has to do with the credibility of Indonesian banks. With the lack of funding and limited big-project exposure, it is uncertain whether the nation’s own construction companies will be successful in capturing these lucrative market opportunities.
Banks are still cautious about extending credit to the construction industry. Aside from a shortage of funds, most Indonesian contractors still operate equipment purchased before the 1997 monetary crisis.Such equipment falls short of today’s requirements for speed and high-quality work.
That notwithstanding, BMI analysis indicates that on account of its vast untapped opportunities, the Indonesian construction industry value is expected to reach about US$38.76bn in 2008 and rise to US$44.4bn in 2012. Moreover, in BMI’s Infrastructure Business Environment Ratings for Asia,Indonesia manages a net score of 50. (Business Monitor International, 2008)

28 Mei 2008

BUMN Konstruksi Masih Mendominasi

Indikator kesehatan perusahaan bisa dilihat dari rasio keuangan dan kesehatan perusahaan

SEJATINYA meski tidak kentara, persaingan industri jasa konstruksi bisa dikatakan kompetitif. Pemainnya pun beragam ada swasta seperti PT Total Bangun Persada, dan PT Bangun Tjipta serta BUMN seperti PT Adhi Karya Tbk, PT Wijaya Karya Tbk, PT Waskita Karya, PT Hutama Karya, PT Istaka Karya dan PT Nindya Karya.

Kendati perusahaan jasa konstruksi berstatus pelat merah lebih mendominasi, secara pencitraan, publik atau masyarakat lebih akrab dengan Total Bangun Persada maupun swasta lainnya.

Namun sesungguhnya kiprah BUMN relatif besar. Ini bisa disaksikan dari banyaknya gedung perkantoran mentereng, perumahan, apartemen khususnya di kota Jakarta yang dibangun oleh BUMN tersebut. Jumlahnya pun telah mencapai ratusan gedung, apartemen, hotel, dan bangunan lainnya.

Memang tidak semua perusahaan jasa konstruksi BUMN memiliki kinerja baik. Hanya beberapa saja yang terkenal seperti Adhi Karya, dan Wijaya Karya.

Lantas bagaimana dengan BUMN kosntruksi lainnya? PT Pembangunan Perumahan (PP), diakui banyak pihak sebagai yang terbaik untuk urusan bangun-membangun gedung atau properti sejenis. Wajar saja karena sejak didirikan tahun 1953 dia telah diposisikan sebagai kontraktor perumahan (housing) dan gedung tinggi.

Pengakuan atas kualitas produk yang dihasilkan bisa dilihat dari diraihnya sertifikat ISO 9001:2000. PP juga sekaligus menjadi perusahaan kontraktor pertama di Indonesia yang meraih sertifikasi tersebut pada bulan Juli 1994.

Selama berkiprah, PP sudah membangun ratusan gedung, apartemen, hotel di DKI Jakarta. Lebih dari itu, produk-produk bangunan tinggi yang dihasilkan oleh PP tersebar di berbagai kota di Indonesia.

Hingga kini PP masih lebih mengkhususkan diri pada pengerjaan bangunan ketimbang yang lain seperti jembatan, irigasi, dll. Ini bisa dilihat dari tipe pekerjaannya, tahun 2003, PP menyelesaikan 650 pekerjaan konstruksi bangunan dari total 994 pekerjaan, atau sekitar 65 persen. Untuk tahun 2004, PP menargetkan menyelesaikan 64,5 persen pekerjaan bangunan yang ditangani (675 pekerjaan bangunan berbanding total 1.044 pekerjaan).

Menurut Bambang Tri Wibowo, Direktur Operasi PP, pihaknya kini masuk peringkat tiga besar di antara sembilan BUMN konstruksi. Bahkan tahun 2006, PP dinobatkan sebagai BUMN terbaik. Prestasi ini bukan diraih dengan mudah. Untuk mencapai posisi ini, PP harus jatuh bangun.

Dia mencontohkan ketika memasuki krisis moneter tahun 1998, PP mengalami masa-masa teramat sulit. Ketika itu, perusahaan mengalami tiga cobaan sekaligus.

Pertama adalah tidak mendapatkan proyek, kedua proyek yang sudah ada tidak bisa berlanjut, karena tidak ada kas masuk. Di tengah kesulitan ini, PP tetap diwajibkan untuk bisa mengerjakan sesuai dengan kontrak. Sedangkan ketiga adalah melonjaknya harga barang-barang.

Dari sisi eksternal, permasalahan juga cukup pelik. Saat itu, para supplier berlomba-lomba untuk menagih utang. Bambang Triwibowo, yang saat ini menjabat sebagai Direktur Operasi PP, turut berjuang bersama perusahaan ini untuk melalui masa-masa paceklik.

Untuk menyelesaikan masalah itu, PP menggunakan berbagai cara. Langkah pertama yang dilakukan adalah menyelesaikan masalah internal. “Di cabang-cabang, kami mengajak karyawan untuk mengurangi gaji. Kami sendiri (Kepala Cabang) mengurangi gaji dan diikuti di bawahnya,” katanya ketika ditemui Jurnal Nasional di ruang kerjanya beberapa waktu lalu.

Bagaimana menyelesaikan masalah eksternal? Bambang mengaku menghindari supplier datang untuk menagih utang. “Saya sampaikan bahwa kami belum bisa bayar. Saya minta mereka menunggu dan saat kami bangkit lagi nanti,” kata dia menjelaskan.

Bagi supplier yang tidak percaya, ia menawarkan untuk menjual dengan sangat murah real estate dan tanah yang dimiliki PP.

Menurut dia, cara ini cukup efektif. Dengan demikian, PP memperoleh banyak keuntungan dari segi cash flow dan perumahan mereka juga laku terjual.

Sedangkan bagi pembeli yang bandel yang tidak mau membayar pada PP, dia mengadukan ke Kejaksaan Agung (Kejakgung). “Akhirnya kami selamat. Ada yang keluar dengan baik-baik dan kami beri jalan,” ujarnya.

Lebih lanjut dia mengatakan, saat ini, PP seperti sebuah pohon. “Pohon itu harus dirawat supaya sehat. Namun sehat saja belum cukup. Selain sehat, pohon juga harus tumbuh dengan baik, supaya berbuah.”

Indikator kesehatan dari perusahaan bisa dilihat dari rasio-rasio keuangan maupun rasio-rasio kesehatan perusahaan. Pemasaran, penjualan, pemasukan setelah pajak PP, saat ini tumbuh sekitar 18 persen per tahun. “Untuk mendukung ini semua, kami terus-menerus memikirkan strategi pengembangan sumber daya manusia. Karena tuntutan target perusahaan yang selalu naik dari tahun ke tahun. Padahal keadaan pasar tidak bisa dipastikan. Maka tidak bisa tidak, perusahaan harus memikirkan langkah-langkah pengembangan, supaya ada sumber-sumber pemasukan lain, bila usaha jasa kosntruksi sudah di posisi maksimal,” ucapnya.

Karena itu PP membuat usaha baru, yang berupa investasi jalan Tol bersama PT Citra Marga Nusaphala Persada TBK (CMNP), PT Waskita Karya, dan PT Hutama Karya, untuk ruas Tol Depok - Antasari. Selain itu, PP juga berusaha dengan anak-anak perusahaan yg lain. Misalnya dengan PT Mitra Pola Sarana untuk penyewaan gedung. Juga usaha-usaha di bidang developer, dengan melihat semua aspek secara hati-hati. “Namun, bila kita melihat angka-angka APBN yang selalu naik nilainya. Belum lagi infrastruktur yang mendapat prioritas tinggi, maka kami melihat bisnis jasa konstruksi nasional masih sangat menjanjikan,” kata pria yang hobi nonton teater ini.

Setelah PP, nama yang sering menjadi langganan developer adalah PT Wijaya Karya (Wika). Berdiri tahun 1960, buah karya (masterpiece) dari Wika bisa dijumpai di Jakarta berupa gedung perkantoran, apartemen, kondominium, mal, dll. Meski begitu PT Wika lebih banyak dikenal sebagai kontraktor jalan tol dan jembatan.

Tidak bisa dilupakan nama-nama lain yang cukup dikenal dalam pengerjaan konstruksi khususnya property yakni PT Nindya Karya dan PT Hutama Karya.

Mantan Menteri Perumahan Siswono Yudohusodo menilai kiprah BUMN konstruksi tersebut relatif cukup besar kontribusinya untuk perkembangan sektor properti khususnya. Namun, ke depan peran tersebut perlu diperbesar lagi (Wahyu Utomo, Journal Nasional, 2008)

15 Mei 2008

POLL: Permasalahan Bisnis Konstruksi Indonesia

Dari anasir-anasir berikut, yang mana saja yang merupakan masalah dalam berkegiatan di sektor usaha/bisnis jasa konstruksi di Indonesia? (Diolah dari LPJK 2007: Konstruksi Indonesia, Editor: Dr. A. Suraji)


11 April 2008

Survey Bisnis Konstruksi Indonesia (diperpanjang)

Dear All,
Sekaitan dengan survei penelitian saya terdahulu tentang strategi perusahaan konstruksi (AEC) di Indonesia, saya masih mengundang bapak/ibu untuk meluangkan waktunya dalam mengisi survey online pada alamat situs berikut

http://FreeOnlineSurveys.com/rendersurvey.asp?sid=li37mkq2surpuyt326397 (Bahasa Indonesia)
http://FreeOnlineSurveys.com/rendersurvey.asp?sid=re341rvlfcw8flk317462 (English)

Survei ini akan terbuka hingga 30 Juni 2008.

Sebagai penghargaan atas partisipasi bapak/ibu, saya akan mengirimkan souvenir dari Brisbane bersama ringkasan hasil survey pada akhir July 2008.

Atas partisipasi dan dukungan bapak/ibu, saya mengucapkan terima kasih.
Best Regards,
Sapri Pamulu
BNE Contact:
Cellular +61 402155808
Email mspamulu@yahoo.com.au

14 Desember 2007

Survei Strategi Bisnis Konstruksi di Indonesia (31 Desember 2007)

Sekaitan dengan survei penelitian saya terdahulu tentang strategi perusahaan konstruksi (AEC) di Indonesia, saya masih mengundang bapak/ibu untuk meluangkan waktunya dalam mengisi survey online pada alamat situs berikut

http://FreeOnlineSurveys.com/rendersurvey.asp?sid=li37mkq2surpuyt326397 (Bahasa Indonesia)
http://FreeOnlineSurveys.com/rendersurvey.asp?sid=re341rvlfcw8flk317462 (English)

Survei ini akan terbuka hingga 31 Desember 2007.

Sebagai penghargaan atas partisipasi bapak/ibu, saya akan mengirimkan souvenir dari Brisbane bersama ringkasan hasil survey pada akhir January 2008.

Atas partisipasi dan dukungan bapak/ibu, saya mengucapkan terima kasih.

Best Regards,
Sapri Pamulu
Jakarta Contact:
Telp./Fax (021) 7817233/7817235
Cellular 081337888977
Email mspamulu@yahoo.com.au

12 Juli 2007

Kontraktor Indonesia Terganjal Modal

Kontraktor Indonesia yang ingin mengikuti proyek di luar negeri masih terganjal permasalahan modal.

Padahal, menurut Ketua Gabungan Pelaksana Konstruksi Indonesia Agus Kartasasmita, kemampuan kontraktor Indonesia tak kalah dibanding kontraktor asing. "Yang menjadi masalah bukan kemampuan, tapi daya dukungnya, yaitu permodalan," ujar Agus kepada wartawan di Hotel Grand Kemang, Jakarta (13/3).

Menurut dia, untuk dapat mengikuti proyek di luar negeri yang bernilai ratusan miliar hingga triliunan rupiah itu, kontraktor harus mendapatkan dukungan dari pemerintah.

Pemerintah seharusnya dapat memberikan dukungannya dalam penetapan suku bunga pinjaman. "Di luar negeri hanya 3-4 persen, di Indonesia sampai 18 persen hingga 21 persen," kata Agus. Bila dikonversi ke dolar Amerika Serikat, besaran bunga menjadi 8 persen sampai 9 persen.

Dia melanjutkan, hal itu yang menyebabkan kontraktor Indonesia kerap kalah dengan kontraktor asing untuk proyek luar negeri. "Tender dibuka, kita sudah kalah," ujarnya. Pemilik proyek, lanjut Agus, menganggap penawaran kontraktor Indonesia tak kompetitif. "Padahal, itu di luar kemampuan kontraktor," kata dia.

Selain itu, ia juga mengeluhkan jaminan pelaksanaan dari perbankan Indonesia yang tidak diterima di beberapa negara. "Di Timor Timur saja, mereka minta jaminan dari bank Eropa kelas satu untuk tender internasional," ujarnya. Sedangkan dari pihak kontraktor Indonesia mengajukan jaminan dari Bank Mandiri yang notabene bank terbesar. "Permasalahan ini harus dipecahkan oleh pemerintah."

Sebagai contoh, Agus mengambil kebijakan pemerintah Korea Selatan yang memberikan fasilitas kepada para kontraktor yang akan mengikuti proyek di luar negeri. "Suku bunga pinjaman disesuaikan dengan suku bunga kontraktor lawan," katanya.
(Rieka Rahadiana, Tempo Interaktif, 13 Maret 2007)

10 Juli 2007

Survei Manajemen Perusahaan Konstruksi Indonesia

Kami mengundang bapak/ibu untuk berpartisipasi dalam survey online tentang praktek manajemen strategis pada perusahaan-perusahaan konstruksi di Indonesia, baik perusahaan jasa pelaksana (kontraktor) maupun perencana/pengawas (konsultan) dalam sektor AEC/EPC (architecture, engineering, procurement, & construction).
Survey ini berbasis web atau online, dan semua jawaban yang masuk akan dijamin kerahasiaannya, dan identitas pribadi/perusahaan tidak akan terungkap dalam laporan penelitian. Survey tersebut dapat di akses pada alamat situs sebagai berikut:

http://www.geocities.com/msapripamulu/survey.html
(bilingual/dwibahasa)

Terima kasih atas partisipasi dan dukungan bapak/ibu terhadap penelitian ini. (Sapri Pamulu, 1 July 2007)

Construction sector gearing up for economic recovery

Following Indonesia's slow recovery from the financial crisis, growth in the country's construction sector has been lagging. Will things stay this way going forward?
Ten years after the financial crisis, construction activity has not fully recovered. The contribution of construction to GDP has been gradually increasing over the past five years, although it has not reached pre-crisis levels yet. Construction as a share of GDP only amounted to 7.5 percent in 2006, still below the pre-crisis level of 8 percent.
This situation has forced the country's infrastructure sector to re-enter a phase of major growth in the construction of public, as well as private, infrastructure, which will eventually boost and support future demand for construction services.
Going forward, the domestic construction industry looks set to experience robust growth in line with economic expansion.
Development of public and private infrastructure is needed to attract the foreign and private investments that are necessary for supporting GDP growth.
In the 2002-2006 period, the construction industry grew on average by 7.1 percent, while GDP grew concurrently by 5.1 percent. As Indonesian growth is expected to rise towards the six percent level this year (versus 5.5 percent in 2006), construction growth is expected to surge.
As for this year, investment is expected to soar as the macroeconomy stabilizes.
So, what are the factors that help to boost demand for construction services?
Indonesia's benchmark interest rate may further decline toward 8.5 percent by the end of the year from the current level of 9 percent. Oil prices have risen, but on average are lower than last year (US$60/barrel versus US$66/barrel).
These conditions, along with the absence of major administered price adjustments, should encourage both private and public sector construction projects.
Moreover, the government has been striving to improve the statutory framework so as to make the infrastructure projects offered to investors more attractive and bankable. Under Presidential Decree No. 65 of 2006, the government will encourage accelerated infrastructure development in Indonesia through investment cooperation, revolving funds, subsidies (public service obligation), guarantees and tax waivers.
The various new regulations that have been introduced should serve to attract potential local and foreign infrastructure investment inflows, thus benefiting suppliers of construction and civil engineering services.
According to the government, Indonesia's infrastructure needs to expand by over US$150 billion between 2005 and 2010. However, only 17 percent of this can be financed from the government's own resources.
Hence the government is actively encouraging the participation of both local and foreign investors in developing the country's infrastructure.
As for this year, the central government has allocated nearly 20 percent of this year's overall budget spending to public infrastructure development, consisting of both multi-year and single-year projects.
Although delays cannot be ruled out, most of the construction work is expected to start in April and be completed by mid-December (single-year projects). The terms of the tenders will favor those companies requiring the least government support, but which possess the highest levels of expertise and experience.
In addition, 19 infrastructure projects costing Rp 63 trillion (US$6.8 billion) will also be put out to tender in 2007, including thirteen toll roads (worth Rp 43 trillion) and three water supply projects (worth Rp 950 billion), as well as a ferry port, an international airport and the national fiber-optic cable network.
But in spite of all the good news and support from the government, progress in terms of actual construction remains fairly limited, especially in the case of public infrastructure projects.
This is shown by the fact that fewer than ten projects offered at the January 2005 Infrastructure Summit have entered the construction phase, while the majority of the remaining projects are still stuck at the tender and prequalification stages.
None of the projects offered in the 2006 Indonesian Infrastructure Summit (Infrastructure Summit II) have been realized. In fact, the tender processes for these projects have not even been completed.
Among the factors that have made these projects less attractive are regulatory restrictions, high commercial-risk levels, difficulties with land acquisition and the surge in inflation that followed on from the slashing of fuel-subsidy spending (which resulted in the prices submitted during the tenders being rendered outdated).
Therefore, the demand for construction services in Indonesia will depend on the investment climate (though not necessarily FDI), as well as the supporting government regulations.
If one is convinced that substantial improvements are forthcoming, then the outlook for the construction services industry, as well as for other sectors directly related to it, such as cement, heavy equipment and property, should also be robust. Therefore, investment in construction-related stocks would currently seem to be a notion worth considering (The Jakarta Post, 2 May 2007)

Investor Asing Akan Lebih Banyak Masuk Indonesia

Menteri Pekerjaan Umum Djoko Kirmanto mengatakan, pemerintah berharap pada tahun 2006 akan ada investor asing yang lebih banyak masuk ke Indonesia untuk membangun infrastruktur di dalam negeri. Kondisi itu dimungkinkan karena pemerintah akan menjelaskan berbagai langkah yang telah diambil dalam satu tahun terakhir untuk memudahkan investor asing di Indonesia.

Nanti dalam Indonesia Infrastructure Summit kedua pada Februari 2006, kami akan jelaskan mengenai Peraturan Presiden Nomor 36 Tahun 2005 tentang pembebasan tanah, keberadaan badan pengatur yang belum ada pada Summit Pertama, serta perubahan dalam peraturan investasi yang diubah untuk memudahkan investasi asing, kata Djoko yang ditemui di Konferensi Asia Construct Ke-11 di Jimbaran, Bali, Sabtu (17/9).

Sementara itu, dalam Laporan Tahunan tentang Konstruksi di Indonesia, Ketua Lembaga Pengembangan Jasa Konstruksi Sulistiyo Sidarto Mulyo menyebutkan, dari total nilai proyek konstruksi di Indonesia yang dilakukan selama periode waktu tahun 1997 dan 2001 sebesar Rp 274,34 triliun, 29 persen di antaranya dilakukan oleh kontraktor asing.

Sementara untuk periode tahun 2005-2011, rata-rata proyek yang dapat dilakukan per tahunnya oleh para kontraktor asing di Indonesia sekitar Rp 45,72 triliun.

Joint venture (usaha patungan) merupakan format utama yang paling banyak digunakan para kontraktor asing dalam investasi langsung ke Indonesia selama ini, kata Sulistiyo. (Bisnis Indonesia, 19 September 2005)