Economic Recovery Drives Optimism Among Property Companies in 2021 | KF Map – Digital Map for Property and Infrastructure in Indonesia
Economic Recovery Drives Optimism Among Property Companies in 2021
Thursday, 17 December 2020

Economic recovery prospect drives optimism among the property companies. PT Lippo Karawaci Tbk. (LPKR) plans to allocate approximately Rp4 trillion capital in 2021, higher than Rp2 trillion allocated in 2020. PT Ciputra Development Tbk. (CTRA) plans to allocate approximately Rp1 trillion, while PT Pollux Properti Indonesia Tbk. (POLL) plans to allocate approximately Rp600 billion to Rp700 billion in capital expenditures, higher from Rp400 billion in previous year.

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