Gov’t to Build 1.25 Million Houses
The Government has announced it will build 1.25 million houses this year.
During a meeting with the Indonesian Real Estate (REI), the Association of Indonesian Housing and Settlements Developer (APERSI), and the Association of Public Housing Developer (Himperra) in Jakarta, Monday (16/9), President Joko “Jokowi” Widodo said that the Government for the past 4 years has focused on providing housing, especially for low-income people to reduce the backlog (difference in supply and demand) of houses which reached 11.4 million.
In the next stage, the President continued, the Government will also focus on building houses for approximately 945 thousand civil servants, 275,000 National Defense Forces (TNI) soldiers and 360,000 National Police personnel.
“From the acceleration on housing development program, the Government hopes to encourage and provide multi player effects on economic growth,” President Jokowi said.
The President went on to say that the target of the ‘1 million house’ program also continued to show better performance. He cited out an example of 699 thousand houses built in 2015 and 805 thousand houses built in 2016, followed by 904 thousand houses in 2017 and 1.1 million houses in 2018, bringing a total of 3.5 million houses that have been built.
“The program will continue this year with target of 1.25 million houses built for the people,” said the President. (MAY/AGG/ES)
Translated by: Estu Widyamurti
Edited by: M. Ersan Pamungkas