The Public Works and Housing Ministry’s data shows 1.13 million new houses were built in 2018, exceeding the 1 million new houses target. Since President Joko “Jokowi Widodo launched the one million houses program on April 29, 2015, more than 3.54 million houses have been constructed – 699,770 million in 2015, 805,169 in 2016 and 904,758 in 2017, according to a press statement from the ministry.
“It was for the first time that the number of houses that had been constructed reached 1.13 million,” said the ministry’s housing procurement director general, Khalawi Abdul Hamid.
The state budget contributed 20 percent of construction costs, particularly for houses allocated for low-income families, Khalawi said, adding that the other 30 percent of the houses were obtained through a government mortgage program.
Meanwhile, the remaining 50 percent of homes were constructed independently by both individuals and developers, the official said.
He said the housing program was a collaboration among relevant stakeholders – the central government, regional governments, housing developer associations, banks and the private sector through corporate social responsibility (CSR)schemes.
Under the housing program, 70 percent of which were for allocated low-income families. The aim of the programme is to cut the housing shortage from 7.6 million to 5.4 million by 2019.
Get real time update about this post categories directly on your device, subscribe now.