Here are the five largest construction projects initiated in Indonesia during Q1 2022, according to GlobalData’s construction projects database.
1. Pomalaa Nickel Processing Plant – $2,500m
The project involves the construction of a nickel processing plant with a production capacity of 12,000 tons of nickel per annum (TPA) in Pomalaa, Southeast Sulawesi.
Construction work started in Q1 2022 and is expected to be completed in Q4 2025.
The aim of the project is to meet the growing demand for high-quality nickel in the region.
2. Paperboard Production Facility – $2,327m
The project involves the construction of a paperboard production facilities with an annual production capacity of 1.2 million tonnes of folding boxes on Sumatra Island in Indonesia.
Construction work commenced in Q1 2022 and is expected to finish in Q3 2023.
The project aims to fulfill domestic and international demand for environmentally-friendly packaging products to reduce the use of fossil fuel-based plastic packaging.
3. Tanjung Enim Coal Gasification Plant – $2,093m
The project involves the construction of a gas processing plant that convert coal to syngas at Tanjung Enim, South Sumatra.
Construction work started in Q1 2022 and is forecast to complete in Q2 2025.
The project is part of Indonesian government’s efforts to reduce dependence on imports of liquid petroleum gas (LPG). The project aims to convert the low-calorie coal into syngas and process into methanol to produce dymethyl ether (DME) as an alternative to LPG.
4. Aeon Mall Deltamas – $250m
The project involves the construction of a 90,000m2 shopping mall on 20ha of land in Bekasi Regency, West Java.
Construction work commenced in Q1 2022 and is expected to be completed in Q2 2024.
The project aims to provide a diverse range of amenities including a shopping complex and entertainment facilities to meet the lifestyle needs of people in the region.
5. The Okura Residences and Hotel – $195m
The project includes the construction of a 46-story mixed use tower comprising 353 apartment units in 33 floors and 181 hotel rooms in 13 floors in Jakarta.
Construction work started in Q1 2022 and is expected to be completed in Q2 2025.
The purpose of the project is to provide better commercial and residential facilities in the region.
Methodology:
This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.
Verdict’s parent company GlobalData plc provides business information to 4,000 of the world’s largest companies.
