Indonesia, which has been trying to jack up its tepid economic growth rate, likely achieved slightly faster expansion in the third quarter than in the previous three months. (GA Photo/Mohamad Defrizal)
US Construction Firm Turner to Strengthen Presence in Indonesia, Bullish on Local Market
BY :SARAH YUNIARNI
APRIL 10, 2017
Jakarta. United States-based construction services company Turner aims to strengthen its presence in Indonesia to tap opportunities presented by the country's construction sector.
Turner entered Indonesia in 2012 and it is currently managing three projects, including Sequis Tower, a new office development in the Jakarta central business district, developed by Farpoint, a property developer that is part of Gunung Sewu Group, and an upcoming mixed-use building called The Hundred in Kuningan, South Jakarta.
The company considers Indonesia an attractive market. Under the current local government, development projects have increased in Jakarta, while there have been positive developments in the country's property market in recent years.
With the country's growing population, the government is willing to spend high on infrastructure, as demand for construction and buildings is also growing. The construction services industry is likely to keep progressing with support from local developers and international organizations.
"With such positive market potential, Turner is fully committed to a continuing and growing presence in Indonesia. Through bringing our international practices to the local market, we are well-positioned to enhance the safety and quality of which projects in Indonesia get completed. We will continue to explore opportunities for expansion in Indonesia, with a persistent focus on hiring the 'best and brightest' local talent, which is essential to ensure a sustainable and positive future for us here," Turner International business development director Matthew Makes said in a statement on Monday (10/04).
Turner is also committed to managing projects that have demonstrated the company's practices, such as those involving sustainable construction, where many of its offices and job sites have either achieved or are pursuing a platinum rating – the highest available – from the US Green Building Council's (USGBC) Leadership in Energy and Environmental Design (LEED) program, which is a global program used by third-party technical reviewers to measure green building excellence.
The USGBC is a nonprofit organization that promotes sustainable building design, construction, and operations globally.
"At Turner, when we talk about our commitment to sustainability, we are talking about delivering ever-greener buildings for our clients and reducing the environmental impact of construction activity throughout the supply chain. We emphasize ongoing education and a culture of learning for all Turner staff and seek to continuously improve all facets of our organization, including corporate governance and reporting of environmental metrics," Turner Indonesia chief representative officer Gary Wu said in a statement.
"We are excited and proud to collaborate with local designers and contractors to provide the best international construction practices with local talent. In every project, we try to adapt to and understand the local culture. We set the customized management system and procedures through an online project management system, where everybody who involved in the development will have the same platform for collaboration," Gary added.
Turner was founded in New York, and operates in nearly 60 countries since it embarked on international operations in 1965. With over 1,500 staff employed across its regions, the company currently manages projects for worldwide clients valued at over $40 billion.
Turner's business covers Southeast Asia, Europe, the Indian subcontinent, Latin America and the Middle East. The company's market segments include residential, hospitality, commercial or mixed-use, retail, and aviation projects.