Sunday, 19 March 2017
Indonesia Struggles With 13.5M Housing Backlog
Indonesia’s government is struggling to tackle the country’s housing backlog of 13.5 million units as it has only been able to supply 50 to 62.5 percent of the total annual demand, reported the Jakarta Globe.
After President Joko Widodo was elected in October 2014, he promised to build one million homes to address the yearly demand of about 800,000 new units arising from urbanisation and population growth.
However, the authorities have only been able to provide 400,000 to 500,000 units every year since Mr Widodo came into power, according to Public Works and Housing Minister Basuki Hadimuljono.
To read the full article, please visit Indonesia Struggles With 13.5M Housing Backlog
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