Economic Growth is The Important Factors of the Industrial Property Industry Development
By : Ahmad Fadli And Aldi Firhand. A | Thursday, February 08 2018 - 21:31 IWST

Kawana Golf Residence Jababeka
INDUSTRY.co.id - Jakarta - The national economic growth is a very important factor in order to boost the property sector which for some time last stagnated so that the government is expected to maintain the growth momentum.
"Economic growth is one factor that greatly affects the property business," said Head of Advisory Jones Lang LaSalle (international property consultant), Vivin Harsanto in a written statement here on Thursday (8/2/2018)
According to her, this can be seen closely related to the level of demand for office markets such as in DKI Jakarta and surrounding areas.
She expressed his hope that economic growth above 5 percent this year could continue to increase in the coming years.
With the support of infrastructure development and improvement of investment ease rating, she continued, property developers are also expected to utilize and look at it as an opportunity and read market demand.
As proclaimed, Finance Minister Sri Mulyani Indrawati ensures Indonesia will continue to maintain the momentum of economic growth that has been established both by maintaining the performance stability of the state budget.
"Indonesia has a desire to maintain the momentum of the economy and the stability of the state budget, so we are looking for a 'balance' point," said Sri Mulyani in response to the latest IMF assessment results on Indonesia's economy in Jakarta, Wednesday (7/2).
Sri Mulyani said that one of the efforts to maintain the stability of the State Budget performance is to maintain the budget deficit in a controlled level and within the permitted limits of the Act, which is three percent to GDP.
Read Also
tops! Handover of Cluster 'The Grove' Shila at Sawangan Faster Than…
Swire Properties, A Story of World-Class Excellence and Creative…
Jababeka Together with Japan’s Largest Developer (Mitsui Fudosan…
Jababeka Together with Japan’s Largest Developer (Mitsui Fudosan…
Coming Soon: Orange Groves at PIK 2, A new Riverside Destination…
Today's Industry

Rabu, 31 Mei 2023 - 16:30 WIB
Huawei Recognized as Outstanding Partner from Indosat in MOCN Partner Awards for Successful Network Integration
Indosat Ooredoo Hutchison (Indosat), has achieved a significant milestone in its mission to connect and empower the people of Indonesia, after completed the merger in January 2022.

Rabu, 31 Mei 2023 - 15:28 WIB
65th Session of the APO Governing Body in Mongolia: Assessing Progress, Celebrating Milestones, Shaping the Future
The Asian Productivity Organization (APO) successfully concluded the 65th Session of its Governing Body (GBM) with representatives of 19 APO member economies attending in Ulaanbaatar, Mongolia,…

Rabu, 31 Mei 2023 - 15:00 WIB
World Fishing Championship, the First Fishing Game on WEMIX PLAY, Launches in 170 Countries
Wemade officially launched World Fishing Championship, a fishing game developed by Wemade Plus, on May 25th in 170 countries.

Rabu, 31 Mei 2023 - 14:35 WIB
President Jokowi Launches IKN Logo Themed Tree of Life
Indonesian President Joko Widodo (Jokowi) officially launched the Indonesian Capital City logo (IKN), Tuesday (30/05/2023), at the State Palace, Jakarta.

Rabu, 31 Mei 2023 - 14:05 WIB
UAE's Technology Innovation Institute Launches Open-Source "Falcon 40B"
The Technology Innovation Institute (TII), a leading global scientific research center and the applied research pillar of Abu Dhabi’s Advanced Technology Research Council (ATRC), today strengthened…
News Comment