Recently Released Market Study: Indonesia Infrastructure Report Q1 2013
BMI View: We are maintaining our 6.9% growth forecast for Indonesia's construction sector in 2012. Although construction activity in Q212 remained as strong as in Q112, we do not see significant scope for Indonesia to outperform in H212, due to challenging global economic conditions. Looking beyond 2012, we are cautiously optimistic about construction and have slightly revised up our real growth forecasts for the sector to 7.2% in 2013 (from a previous forecast of 7.0%). That said, several downside factors...
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