{
    "success": true,
    "data": {
        "id": 2060581,
        "msgid": "bappenas-chief-housing-sector-has-a-major-multiplier-effect-1793253202",
        "date": "2026-10-29 11:39:25",
        "title": "Bappenas Chief: Housing Sector Has a Major Multiplier Effect",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Property",
        "summary": "National Development Planning Minister and Bappenas chief Rachmat Pambudy said housing development can stimulate related industries and wider economic activity. He called for an integrated housing ecosystem, clear policies and sustained programmes to address the housing backlog, while Housing Minister Maruarar Sirait outlined initiatives including construction, renovation and subsidised financing.",
        "content": "<p>Jakarta (ANTARA) \u2013 National Development Planning Minister and head of\nthe National Development Planning Agency (Bappenas) Rachmat Pambudy said\nthe housing sector has a major multiplier effect because it can drive\nvarious industries and related economic activity.<\/p>\n<p>He said accelerating housing development needed to be supported by\nintegrated planning, the use of data and technology, and appropriate\narea development.<\/p>\n<p>\u201cThe property industry can be an indicator of whether the economy is\nrecovering or declining. Housing development, through the work you [the\nHousing Minister] are doing, can attract and stimulate other industries.\nIt should not stop simply because of the year or an election. There is\nstill an opportunity to build in 2027, 2028 and 2029. The Ministry of\nNational Development Planning\/Bappenas will always support this work,\nespecially key programmes such as housing and residential areas,\u201d he\nsaid during a meeting with Housing and Settlements Minister Maruarar\nSirait and ministry officials, according to a Bappenas statement issued\nin Jakarta on Thursday.<\/p>\n<p>At the meeting, the Bappenas chief called for strengthening the\nnational housing ecosystem as a key step towards speeding up the\nprovision of homes for the public while also driving economic\ngrowth.<\/p>\n<p>Rachmat said housing development required clear strategies and\npolicies to ensure that government programmes were implemented in a\nfocused and sustainable manner.<\/p>\n<p>Strengthening the ecosystem was considered important both to address\nthe housing backlog and to ensure development targets were met by the\nend of the national planning period.<\/p>\n<p>\u201cIf we have a strategy and clear policy, then the programmes will\nalso be clear. We have faced the challenge of the housing backlog for\nyears. If the ecosystem is established and the strategy is clear, it\nwill attract and drive many things,\u201d the Bappenas chief said.<\/p>\n<p>\u201cYou have created an ecosystem and developed a strategy; with a clear\nstrategy and clear programmes, there will be results. Please make these\nresults part of the acceleration effort. We will look more closely at\nspeeding things up to meet the targets for 2027\u20132028,\u201d the National\nDevelopment Planning Minister said.<\/p>\n<p>Housing and Settlements Minister Maruarar Sirait also outlined\nprogress on various housing programmes, including home construction and\nrenovation, subsidised housing finance, and strengthening the supporting\necosystem.<\/p>\n<p>\u201c Housing programmes are also intended to have a wider economic\nimpact through the involvement of micro, small and medium-sized\nenterprises (MSMEs) and the use of domestic products,\u201d Maruarar\nsaid.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/bappenas-chief-housing-sector-has-a-major-multiplier-effect-1793253202",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}