: Construction - Invest Bandung

Construction

The construction sector is one of the sectors that has been heavily affected by COVID-19 which has made it a potential loser sector or does not survive during the pandemic, especially real estate or housing. Restrictions on physical interaction since the pandemic have caused people's interest to buy houses to plummet.

Characteristics

Currently the construction sector in order to survive in the midst of the Covid-19 pandemic, the construction sector is more focused on the infrastructure of the city of Bandung, such as the construction of flyovers/underpasses, disability facilities in all public spaces, revitalization of sports facilities, revitalization of traditional markets, and others. And what is more important is the development of Teknopolis in the Gedebage area.

Sector Economic Growth

Based on data from the BPS for the City of Bandung in 2020, the value of the GRDP in the construction sector has fluctuated. This sector experienced an increase in the GRDP figure from 2018 to 2019, but in 2020 it decreased by 8.7 percent.

Companies that are business actors in this sector include Para Bandung Propertindo, Agung Podomoro Land, PT. Multibrata Anugerah Utama, and Bild.

 

List of Investment Opportunities