Indonesia Infrastructure Sector News

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• August 2023, Modscape as a participant in QBuild’s Modern Methods of Construction (MMC) Housing Program to address the immediate housing needs in Queensland. This initiative aims to provide affordable and sustainable housing to Queenslanders, from Essential Government Workers to those struggling to find a place to call home. The Queensland Government’s commitment to addressing the housing crisis in the state has led to the prototyping of the QBuild MMC Housing Program. This program aims to build approximately 100 Essential Worker Homes across regional Queensland using modern methods of construction (MMC). The program is expected to provide valuable insights into how MMC can be used to deliver affordable and sustainable housing in regional areas.
• November 2022: Flow2Edge entered a USD 3.5 million consulting, licensing, and distribution agreement with ASX-listed prefab data center provider DXN to export its modules to APAC markets, excluding Australia. The deal follows months of failed acquisition negotiations between the Singapore-based FLOW Digital Infrastructure subsidiary and DXN.
• January 2022: Australian data center firm DXN announced it would build a modular data center for a new Covid-19 quarantine center in Perth, Western Australia. The company announced construction firm Multiplex had contracted it to supply a modular data center and ten communications rooms for AUD 3.5 million (USD 2.5 million). DXN has also delivered at least 18 modular data centers to customers, including Boeing and Covalent Lithium.

• August 2022: Adani Group (APSEZ), an Indian port giant, and AD Ports (Abu Dhabi Ports) have signed an agreement to work together to pursue Tanzanian strategic investment possibilities. The joint venture partners intended to provide end-to-end logistics infrastructure and services, including rail, ports, maritime services, digital services, and industrial zones in Tanzania.
• March 2023: Tanzania to award contracts for USD 30 billion LNG project. Shell, Equinor, and the government of Tanzania have finalized negotiations for constructing a USD 30 billion LNG terminal, and contract preparation is underway.

• September 2022: Modulous, a construction technology startup, raised USD 11.5 million to develop a software platform that allows architects to create multifamily dwellings using a kit of prefabricated elements. The startup's software streamlines multifamily house design planning. Builders, architects, and developers can use the technology to estimate the costs and viability of a potential site for a house. Additionally, it offers unique kit-of-parts, prefabricated construction pieces used by builders to create homes like a life-sized Lego set.
• June 2022: TopHat, the modular home maker, has announced plans to create a second factory, increasing its annual production capacity to 4,500. The company announced that a new 650,000-square-foot plant in Corby, Northamptonshire, will open in 2023 and can build about 4,000 homes annually. The structure will house the largest manufacturer of modular homes in Europe, according to TopHat.

July 2023: South Korea has signed an agreement with Poland to develop transport infrastructure in central and eastern Europe. The two countries agreed to strengthen bilateral cooperation in the field of transportation, including aviation, and develop the East-West and South-North transportation axes in central and eastern Europe.

July 2023: South Korea’s largest 3PL group, CJ Logistics, is expected to spend around USD 457 Mn on building logistics centers in three US cities, Elwood, Des Plaines, and Secaucus. The aim is to cater to increasing volumes of South Korean exports to the US and expand its footprint in North America. State-backed ship finance institution Korea Ocean Business Corp will help fund the construction of the facilities.

• September 2023, INLAND Rail has marked the start of construction on the 170km Stockinbingal - Parkes section in New South Wales with a launch event at Forbes station. Martinus Rail has been awarded an AUD 403.5m (USD 259.3m) contract to design and construct enhancement works on the Stockinbingal - Parkes and Albury - Illabo sections. Construction on the Inland Rail project to connect Melbourne and Brisbane with a new 1600km freight corridor through Victoria, New South Wales, and Queensland started in 2018. Inland Rail will provide an alternative to the congested coastal route through Sydney. The project involves upgrading existing lines and some new construction.
• May 2023, The federal government-owned Australian Rail Track Corporation (ARTC) has confirmed the will utilize ground-mounted solar arrays coupled with battery energy storage systems to power more than 80 signaling sites dotted along the rail corridor when the Inland Rail line becomes operational. Following a successful trial of a solar-powered signaling system at Coolleearlee, about 50km from Moree in northern New South Wales (NSW), ARTC has approved its use at the remaining 82 signaling sites that will likely operate along the rail corridor from Albury in the state’s south to Gowrie in southeast Queensland.

• March 2023: The HAUBNER GROUP and SEMODU AG propose constructing Europe's most advanced production facility for modular housing to meet the German government's target of constructing 400,000 units annually. At the HAUBNER GROUP's current production facility in Neumarkt in der Oberpfalz, they will construct a production facility with a maximum floor area of 40,000 sq m. A production line for modules focused on the manufacturing procedures used in the automotive industry will be constructed at this location. It aims to establish a technological foundation for the next industrialization stage of home development.
• January 2023: Europe's largest modular housing site is currently under construction. Thanks to TopHat, the top 3D modular housebuilder in the UK. The state-of-the-art 650,000 sq ft plant can produce a home every hour, creating 1,000 new, highly skilled green jobs in various positions. After being constructed, the facility will be outfitted with a custom, cutting-edge robotic production line and begin shipping its first products in 2024. The new building will likely follow "BREEAM Excellent" guidelines.

• March 2023: Japan was to provide USD 1.27 billion to Bangladesh for 3 infrastructure projects, including the building of Matarbari commercial port in Southeast, according to Bangladesh's Finance Ministry.
• October 2022: Construction of Dhaka's 31.24 km MRT Line 1, Bangladesh's first metro, was due to start in December 2022. A contract for project construction monitoring services was signed by the Dhaka Mass Rapid Transit Business (DMTCL), the metro project's executing agency, and a Japanese joint venture company led by Nippon Koei. The consortium also includes Oriental Consultants Global, Systra, Delhi Metro Rail, Nippon Koei India, Katahira and Engineers International, Development Design Consultants, and Nippon Koei Bangladesh.

• September 2023: Mighty Buildings, a startup building tech for prefabricated, ostensibly environmentally-friendly homes, announced that it raised USD 52 million in a funding round co-led by Waed Ventures and Bold Capital with participation by Khosla Ventures. The company plans to put toward Mighty Buildings’ expansion in North America and the Middle East, particularly Saudi Arabia, and support the launch of the company’s next-gen modular home building kit.
• April 2023: The recent Kirby Building Systems Prefabricated buildings projects in Saudi Arabia are Al Naqel Express Warehouse, a 10,000 square meter warehouse, and the other ARAMCO Project involved the construction of a number of prefabricated buildings for the Saudi Arabian Oil Company, including warehouses, are expected to be completed by 2024.

• September 2023: Mighty Buildings, a startup building tech for prefabricated, ostensibly environmentally-friendly homes, announced that it raised USD 52 million in a funding round co-led by Waed Ventures and Bold Capital with participation by Khosla Ventures. The company plans to put toward Mighty Buildings’ expansion in North America and the Middle East, particularly Saudi Arabia, and support the launch of the company’s next-gen modular home building kit.
• April 2023: The recent Kirby Building Systems Prefabricated buildings projects in Saudi Arabia are Al Naqel Express Warehouse, a 10,000 square meter warehouse, and the other ARAMCO Project involved the construction of a number of prefabricated buildings for the Saudi Arabian Oil Company, including warehouses, are expected to be completed by 2024.

• February 2023: McGrath RentCorp, a leading business-to-business rental company in North America, announced that it has signed a definitive agreement under which it acquired Vesta Modular, a portfolio company of Kinderhook Industries, for USD 400 million, subject to certain adjustments, and sold Adler Tank Rentals to Ironclad Environmental Solutions, a Kinderhook portfolio company, for a cash sale price of USD 265 million, subject to certain adjustments. By this acquisition, the company will have access to a range of products and will be able to offer its services across various locations
• October 2022: Black Diamond Group Limited, a leading provider of space rental and workforce accommodation announced the acquisition within its Modular Space Solution segment. Target is a modular building rental company located in Ontario with 1,851 units primarily focused on the education and government sector. The purchase price for Target was USD 54.5 million, including the assumption of debt. This acquisition will help the company to further accelerate its growth and diversification within the MSS business by adding roughly 1,850 units primarily in the education sector, to the company's rental fleet in Central Canada.