Jamsostek gives Rp 40b for housing

Jamsostek gives Rp 40b for housing

JAKARTA: State-owned social security firm PT Jamsostek has
allocated Rp 40 billion (US$4.8 million) to develop more
affordable housing for workers in industrial zones.

Jamsostek president Achmad Djunaidi said on Friday that the
company was surveying industrial zones that should take priority
in the low-cost apartment project.

The provincial governments of Banten, East Java, West Java and
North Sumatra have long proposed that Jamsostek build inexpensive
housing in the industrial areas, due to the skyrocketing rent for
houses in those provinces.

Jamsostek has so far developed several affordable apartments
for low-income workers in the industrial areas of Batam, Riau;
Cikarang, West Java; and Makassar, South Sulawesi. -- JP