Qatar and UAE Pledge Billions for Indonesia‘s 3 Million Homes Program
Jakarta, Dec 27 (abr/zlf)
The head of the Task Force (Satgas) for the Housing Program named after Hashim Djojohadikusumo revealed today that two nations are ready to fund Indonesia’s ambitious ‘3 Million Homes’ project. Qatar and the United Arab Emirates (UAE) have pledged significant support to boost housing development in the country.
Hashim Djojohadikusumo, the Task Force’s chairman, stated that Qatar has expressed interest in funding 6 million housing units, while the Abu Dhabi government, the UAE capital, is prepared to support 1 million units. This promising development, coupled with ongoing efforts from the central and Jakarta provincial governments, fuels optimism in achieving the goal of building 15 million houses in President Prabowo Subianto‘s current tenure.
"The president himself informed me that the Qatari government is ready to fund 5 million housing units," Hashim shared, adding, "Moreover, a Qatar-based philanthropist plans to contribute to 1 million units, and the Abu Dhabi government has agreed to support 1 million units."
In October, Hashim also mentioned that a major Chinese construction firm, China State Construction Engineering Corporation (CSCEC), has shown interest in participating by building up to 1 million urban housing units. Hashim underscored that CSCEC, with 380,000 employees and ranked 14th in the Fortune 500 list, had already constructed 880,000 apartment units last year alone.
While Hashim welcomes foreign investment, he also emphasizes distributing project opportunities across multiple national and international contractors. "Spread the wealth, encourage competition," he said, encouraging companies from various countries, including China, Turkey, and the GCC nations, to participate in the housing program.
As the ‘3 Million Homes’ program gains traction with foreign backing, Indonesia takes a significant step towards providing affordable and dignified housing for its citizens.
