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MARKET MOVING: Construction Projects Rise 33%

JAKARTA: The construction project amount in Q1/2012 is expected to reach IDR90 trillion, up 33% compared to the same period last year of IDR60 trillion.

The prediction was done by Joint National Contractor Indonesia (Gapensi). “The amount was from raw calculation and will likely to be higher during the first semester,” said Gapensi chairman Soeharsojo in Jakarta, yesterday. (T07/msw)

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