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ASEAN BUSINESS

Move of Indonesia's capital city, new infrastructure projects boost Jakarta-listed construction stocks

Investors interested in country's construction firms should take note of several risks, though

Yong Jun Yuan

Yong Jun Yuan

Published Thu, Nov 4, 2021 · 09:50 PM
    On the up

    Singapore

    AS the Indonesian construction sector begins to put the Covid-19 pandemic in the rearview mirror, investors have been sending up the stocks of companies likely to benefit from a number of new government projects.

    From Sep 1 to Nov 1, construction company Pembangunan Persero was up 31.9 per cent.

    IndonesiaConstructionInfrastructure

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