Contractors Complain of Soaring Construction Material Prices Due to Weak Rupiah Against US Dollar
Technology

Contractors Complain of Soaring Construction Material Prices Due to Weak Rupiah Against US Dollar

Indonesia's Public Works Minister acknowledged complaints from contractors about significant price hikes in construction materials like cement and steel, driven by the weakening Rupiah against the US dollar. The minister has sought guidance from the government procurement agency, noting no impact on ongoing government projects so far.

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