Cheap apartments in Muara Angke

JAKARTA (JP): President Soeharto is scheduled on Friday to inaugurate low-cost apartments for fishermen in Muara Angke, North Jakarta.

Minister of Social Services Endang Kusuma Inten Suweno told reporters after meeting with the President at the Merdeka Palace on Monday that the facilities, which constitutes a donation from Dana Gotong Royong Kemanusiaan Foundation, consists of five blocks, each with 16 apartments.

"The foundation's donation is valued at about Rp 1 billion (US$454,545)," she said, adding that a number of government institutions helped with the construction of the project by providing road networks, electricity, drinking water and telephone lines."

The minister said that the facilities are only for fishermen who are now living in nearby slum areas.

Apartment owners living on the upper floor of an apartment building will pay Rp 45,000 in monthly installments for 15 years.

Occupants of ground floor apartments will be required to pay Rp 55,000 monthly for 15 years, she said. (hhr)