Navigating Growth
Industrial construction across the Asia-Pacific region is surging. In South-East Asia, Indonesia is leading the charge with key investments targeting electric vehicle battery production. Foreign direct investment is also rising, with Indonesia and Vietnam reporting strong growth in Q1 2025. Meanwhile, in North-East Asia, driven by innovation in semiconductors and EVs, China accounts for 70% of the project pipeline, as it doubles down on tech self-reliance amid US trade tensions.