Compensation dispute

Compensation dispute

JAKARTA (JP): The plan for low-cost apartment plans in the Jatinegara district, East Jakarta, has come to a halt over the question of land compensation.

Mayor Sudarsono said on Tuesday that slum residents in the Cipinang Besar Muara district are still insisting on between Rp 1.5 million (US$ 638.57) to Rp 3.5 million per square meter. The private developer, PT Vecorindo Tunggal Perkasa, is offering a paltry Rp 750,000 per square meter.

He said that once an agreement is struck the plans can continue. The low-cost apartments are the first phase of a plan to renew the area, Sudarsono said. Offices and shopping centers will follow. (anr)