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Managing director and principal in the BCG Jakarta office
orkers finish the construction of Gelora Bung Karno Stadium in Senayan, Jakarta, Friday, March 17, 2017. The stadium will be used for the upcoming 2018 Asian Games and expected to be finished on October 2017. (JP/Seto Wardhana.)
As a major contributor to the gross domestic product, as well as a critical enabler to develop other industries, the construction industry is highly strategic for Indonesian economy, and even more in the years to come, with a large pipeline of new massive and complex infrastructure projects and also large scale housing development plans. While most other industries have undergone tremendous changes over the past few decades, the construction sector has been slow to adopt new technologies. Even in the United States, the productivity of the construction industry has not increased at all in the past 50 years. There are multiple reasons explaining the slow evolution of the Construction industry: the lack of innovation corporate culture, siloed thinking, individual project perspective instead of product perspective, the disconnect between main sets stakeholders, traditional contracting ...
Disclaimer: The opinions expressed in this article are those of the author and do not reflect the official stance of The Jakarta Post.
