Analysis of business entities affecting the competitiveness of the construction industry in Indonesia with the multivariate approach

Abstract

The investment climate that attracts investors in welcoming the industrial era 4.0 is the growth of infrastructure supported by the presence of construction companies and adequate transportation equipment. Industrial competitiveness in the field of construction and transportation are two interrelated business fields. The growth and competitiveness of the two fields are influenced by the quality of the company's performance. The quality of a company's performance is influenced by several determinants that influence the success of a business entity, namely internal factors and external factors. Internal and external factors of the company are very important and influence the company's success. The research objective discussed in this article is the analysis of business entities that affect the competitiveness of the construction industry and the shipbuilding industry. The intended business entity is an environment that influences the development of the two industries. The environment in question is the internal and external environment of the company that affects the competitiveness of the national construction and shipyard industry in Indonesia. The method used to obtain data in achieving these objectives is with literature studies and surveys to identify problems and factors that influence the success of both business fields. The approach of the analytical method used in this study is multivariate analysis. The results showed internal and external factors that affect the competitiveness of the construction industry and shipyard industry in Indonesia have many similarities, internal factors that have the highest loading factors are: financial of the company, markets, technology , and the ability of the facilities owned. External factors that influence include: economic and political stability related to financial capability, cooperation, project availability, R&D, and government policies that support the growth and development of the construction industry and shipyard industry.