Indonesia: construction cost index East Kalimantan 2023

In 2023, the construction cost index in East Kalimantan, Indonesia, scored at 115.58. With the current development of the Capital City of Nusantara, the construction industry in East Kalimantan is expected to see steady growth in the coming years.

The Indonesian government is currently developing the Capital City of Nusantara (Ibu Kota Nusantara/IKN), located in East Kalimantan, to replace Jakarta as the national capital. Nusantara spans across portions of North Penajam Paser and Kutai Kartanegara regencies, and its full development is aimed to be completed by 2045.

Construction cost index in East Kalimantan in Indonesia from 2021 to 2023

Characteristic	Constuction cost index score
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Release date

December 2023

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Region

Indonesia

Survey time period

2021 to 2023

Supplementary notes

Reference city for the index: Makassar = 100.
The city of Makassar is located in South Sulawesi, Indonesia.

The Construction Cost Index is a price index that compares the cost of construction in each region to a reference city. The index is measured through several indicators, including the price of building/construction materials, heavy equipment rental, and construction wages. A higher index score indicates that the area has higher construction costs.

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