According to GlobalData, the value of Indonesia construction market is forecast to grow by 1.2% in real terms in 2023, having grown by 2.0% in 2022. A key growth market will be the infrastructure market, with output rising by 3.2% in real terms. GlobalData tracks and profiles all major construction projects from announcement to completion. For further insight on this market, buy the latest profiles here.
Here are the top five hospital construction projects that commenced in Indonesia in Q4 2023, according to GlobalData’s construction projects database.
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1. Hj Andi Nurhadi Mosque And AAS International Hospital Development
The project involves the construction of a mosque and a hospital on 35ha of land in South Sulawesi.
Construction work started in Q4 2023 and is expected to be completed in Q4 2026.
The project is being developed as a service structure with religious and educational functions and as a landmark for the community which will be able to accommodate 20,000 worshipers at a time. Buy the profile here.
2. Hermina Nusantara Hospital
The project involves the construction of a hospital in IKN Nusantara, East Kalimantan.
Construction work commenced in Q4 2023 and is expected to finish in Q4 2025.
The project aims to provide better healthcare facilities and to serve the Insurance Administration Organization (Badan Peny9elenggara Jaminan Sosial) BPJS patients along with VVIP patients in the region. Buy the profile here.
3. Sepaku UPT Hospital Development
The project involves the construction of a hospital with 550 rooms in East Kalimantan.
Construction work started in Q4 2023 and is forecast to complete in Q3 2024.
The project aims at providing better healthcare facilities for the patients in the region and also attracting regional doctors to work at IKN. Buy the profile here.
4. IKN Nusantara Capital Hospital Development
The project involves the construction of an 11-story hospital in East Kalimantan.
Construction work commenced in Q4 2023 and is expected to be completed in Q1 2025.
The project aims to provide better healthcare facilities and focus on heart disease and stroke in the region. Buy the profile here.
5. East Surabaya Regional Hospital
The project involves the construction of a mothers and children hospital with 257 beds in an area of 17,700m2 in East Surabaya, East Java.
Construction work started in Q4 2023 and is expected to be completed in Q3 2024.
The project aims to provide better healthcare facilities in the region. Buy the profile here.
For more details on the latest construction projects, buy the profiles here.
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GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.
