Thursday, January 16, 2025

Qatar augments housing evelopment commitment in Indonesia

Reading Time: 2 minutes
Julian Isaac

Journalist

Editor

Interview

Fahri Hamzah, Deputy Minister of Housing and Settlement Areas, reveals that Qatar is committed to building six million homes in Indonesia, a considerable spike from earlier commitment of one million homes.

“The additional five million housing units are commitment made by the Qatari government,” Fahri said on his official Instagram account as quoted on Wednesday, January 15, 2025.

Initially, Qatar was committed to building one million houses through a Memorandum of Understanding (MoU) signed on Wednesday, January 8, 2025.

The MOU signing on Wednesday was witnessed by Maruarar Sirait, Minister of Housing and Residential Areas. Meanwhile, Qatar was represented by Sheikh Abdul Aziz bin Abdul Rahman Hassan Al-Thani, Secretary General of the Qatar Royal Family Council and Chairman of Qatar Board of Trustees of the Humanitarian Fund.

The ratification of the MoU was also witnessed by Hashim Djojohadikusumo, Head of the Indonesian Housing Task Force; and Rosan P. Roeslani, Minister of Investment; and Erick Thohir, Minister of State-Owned Enterprises (SOEs); and Fahri Hamzah, Deputy Minister of Housing and Settlement Areas; and Anis Matta, Deputy Minister of Foreign Affairs.

Hashim said that the MoU is a collaboration between the Indonesian and Qatari governments, with the Indonesian government preparing unused land to be part of the land used for the construction of one million housing units.

“Because this is G2G, the state is present to prepare idle and non-problematic land that is ready to be built,” Hashim said.

The 6 million housing units will be developed on a number of state-owned plots of land, such as those owned by State railway operator PT Kereta Api Indonesia (KAI), and State housing developer Perum Perumnas.

In addition, the government is preparing a number of plots of land in Kemayoran and Senayan, Central Jakarta, owned by the Ministry of State Secretariat. The government will also utilize a number of plots of land owned by the Directorate General of State Assets (DJKN) of the Ministry of Finance in Kalibata, South Jakarta.

“We will also bring investors here to move quickly so they can understand the rules in Indonesia,” Maruarar told a press conference after MOU signing on Wednesday, January 15, 2025.

However, Maruarar did not provide additional information on the value of the project, nor investment from Qatar related to the construction of one million housing units. He said the construction of the housing would target several areas outside Jakarta, such as Banten and West Java.

Julian Isaac

Journalist

 

Editor

 

Interview

SUBSCRIBE NOW
We will provide you with an invoice for your reimbursable expenses.

Free

New to Indonesian market? Read our free articles before subscribing to the premium plan. If you already run your business in Indonesia, make sure to subscribe to the premium subscription so you won’t miss any intelligence & business opportunities.

Premium

$550 USD/Year

or

$45 USD/Month

Cancelation: you can cancel your subscription at any time, by sending us an email inquiry@ibp-media.com

Add keywords to your market watch and receive notification:
Schedule a free consultation with us:

We’ll contact you for confirmation.

FURTHER READING

State-owned mining company PT Antam is planning to build a precious metal factory at the Java Integrated Industrial and Ports Estate (JIIPE) in Gresik, East Java as part of the efforts to support downstreaming of mineral industry in Indonesia, while utilizing integrated infrastructure of the industrial estate.
The Asian Development Bank (ADB) signed a US$92.6 million (Rp1.5 trillion) financing agreement with PT Supreme Energy Muara Laboh (SEML) for the development of Indonesia’s geothermal power resources.
Masdar, a clean energy company from the UAE, has expressed its commitment to increase investment in Indonesia. Abdulaziz said Indonesia would remain a renewable energy hub in the Southeast Asia region, despite having various investments with Indonesia’s neighboring countries.
Coordinating Minister for Infrastructure and Regional Development (Menko IPK), Agus Harimurti Yudhoyono (AHY), has revealed the government’s plan to build a US$50 billion (Rp809.5 trillion) giant sea wall on Java Island to protect the island’s coastline from flooding and land subsidence.
Grinding balls producer PT Elecmetal Longteng Indonesia is building a US$40 million (Rp600 billion) grinding ball production plant in the Batang Integrated Industrial Area (KITB), Central Java.
Indonesia’s state-owned mining holding company, MIND ID, plans to increase the capacity of its smelter grade alumina refinery (SGAR) located in Mempawah, West Kalimantan.