New Market Study Published: Indonesia Infrastructure Report Q4 2012
BMI View: We are maintaining our 6.9% growth forecast for Indonesia's construction sector in 2012. Although construction activity in Q112 was a strong 7.8% year-on-year (y-o-y), the reversal in conducive monetary conditions for construction activity and the poor outlook for the global economy will dampen construction activity over the rest of 2012. In addition, we see a real risk that the construction sector fails to realise its long-term growth potential, as there is a growing lack of political will to...
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