Lippo Karawaci: a health check for Indonesia growth

The country’s largest listed property group tells FinanceAsia that much of its success is due to a burgeoning middle class.
A Siloam Hospitals operating theatre
A Siloam Hospitals operating theatre

Finding a decent hospital in the less developed parts of Indonesia might appear a difficult prospect but building one is another matter entirely.

Joko “Jokowi” Widodo, the country’s president-elect, has made healthcare one of his priorities as Indonesia battles to provide the infrastructure and services to achieve its 2019 GDP growth target of 7%, from 5.1% currently.  

“The main challenge is that there are not too many doctors and specialists they are concentrated in the big cities,” Ketut Budi Wijaya, president director at Lippo Karawaci, told FinanceAsia at his office in Jakarta.

Karawaci is Indonesia’s largest listed property developer but its...

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