MARKET INSIGHT | ASIA-PACIFIC


South-East Asia The industrial construction pipeline of projects in South-East Asia is valued at a total $474.9bn, with Indonesia at an estimated value of $236.8bn in the pipeline, a share of 49.9%. Countries such as Vietnam and Malaysia also have relatively high project pipelines, valued at $101.2bn and $38.7bn, respectively.


In Indonesia, the government is implementing new incentives to boost production, particularly in the electric vehicle (EV) sector. The government aims to become one of the world’s top three producers of EV


batteries, targeting a production capacity of 140GWh per annum by 2030. In January 2025, Hong Kong-based


battery manufacturing company REPT Battero announced its plan to invest $139.5m to build a new battery production facility in Indonesia. The production plant is expected to produce lithium-ion batteries, modules and packs for both electric vehicles and energy storage systems, with an annual production capacity of 8GWh. According to the Ministry of Investment and the Indonesia Investment Coordinating Board (BKPM), foreign direct investments (FDI) in the


country rose by 12.7% YoY in Q1 2025, reaching $13.7bn. The mining sector attracted more FDI compared with other sectors, attracting $6.5bn.


In Vietnam, the Ministry of Construction


is planning to implement a major reform to simplify administrative procedures and improve the business environment for the construction industry in 2025. According to the Foreign Investment Agency (Ministry of Finance), the total FDI realised in the country grew by 7.2% in Q1 2025, reaching $5bn, of which the processing and manufacturing industry accounted for $4.1bn in Q1 2025.


South-East Asia – Industrial construction project pipeline Value by stage ($ millions)


0


50,000


100,000


150,000


200,000


250,000


300,000


350,000


400,000  Pre-planning  Planning  Pre-execution  Execution


South-East Asia – Industrial construction project pipeline Value by stage and country ($ millions)


Indonesia Vietnam Malaysia Philippines Singapore Thailand


Papua New Guinea Cambodia Myanmar Brunei


0 50,000 100,000 150,000  Pre-planning  Planning  Pre-execution  Execution


South-East Asia – Industrial construction project pipeline By country and stage ($ millions) Country


Indonesia Vietnam Malaysia


Philippines Singapore Thailand


Papua New Guinea Cambodia Myanmar Brunei


Total (including others) 40 | July 2025 | www.hoistmagazine.com


Pre-planning 22,451


1,459 2,789 6,736 0


8,803 0 0 0 0


42,238


Planning 132,620


65,054 9,102


19,284 8,224 6,587


10,970 661


1,417 130


254,049


Pre-execution 35,123


3,338


10,776 513 140 433 0 0 0 0


50,323


Execution 46,591


31,355 16,014 5,088


20,665 3,027 4,403 983 120 0


128,246 Total


236,785 101,206 38,681 31,621 29,029 18,850 15,373 1,644 1,537 130


474,856 200,000 250,000


450,000


500,000


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55