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
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.

News Comment

Today's Industry

Totolink outlet. (Photo: Public Relation of Totolink)

Kamis, 11 Juli 2024 - 22:08 WIB

Totolink Strengthens Commitment to Innovative and Reliable Network Solutions for Indonesia

Marking a strategic step, Totolink Indonesia proudly announces the enhancement of its head office in Jakarta, located at Harco Mangga Dua Blok E No.28, Sawah Besar, Central Jakarta.

The President Commissioner of Bersama Digital Data Centres (BDDC), Setyanto Hantoro (fourth right) and The President Director of BDDC, Angelo Syailendra (third right) during the BDDC JST1 Inauguration Ceremony in Jakarta on Wednesday (10/07/2024).

Kamis, 11 Juli 2024 - 19:03 WIB

BDDC Inaugurates JST1 TIER IV Data Centre in Jakarta to Strengthen Digital Infrastructure

Bersama Digital Data Centres (BDDC), an in-town data centre provider with interconnectivity and integrated digital systems, inaugurated its 5 MW Tier IV data centre facility, JST1 (Jakarta Selatan…

The Board of Directors of PTT Global Chemical (GC) pose for a group photo after receiving the prestigious SNI (Indonesian National Standard) certification for its InnoPlus Polyethylene resin. (Photo: GC Public Relations)

Kamis, 27 Juni 2024 - 15:30 WIB

Global Chemical Achieves Prestigious SNI Certification for InnoPlus Polyethylene Resin

PTT Global Chemical (GC) is proud to announce its successful attainment of the prestigious SNI (Indonesian National Standard) certification for its InnoPlus Polyethylene resin.

 Financial Literacy

Rabu, 26 Juni 2024 - 22:47 WIB

The Importance of Financial Literacy

Financial literacy refers to the ability to understand and use various financial skills effectively, including personal financial management, budgeting, and investing.

Unveiling New Opportunities

Rabu, 26 Juni 2024 - 14:52 WIB

Unveiling New Opportunities

As we step into 2024, the cryptocurrency landscape continues to evolve, presenting unprecedented opportunities for investors, developers, and enthusiasts.