Indonesian Political, Business & Finance News

Legend City housing project

Legend City housing project

JAKARTA (JP): Minister of People's Housing Akbar Tanjung
inaugurated yesterday the development of a large-scale housing
project, called Legend City, at the Shangri-La Hotel.

The housing project, which will cover an area of 2,000
hectares in Bekasi, West Java, will be carried out by PT Putra
Alvita Pratama, a consortium of seven private housing companies,
in three districts: Bantar Gebang, Tambun and Cibitung in Bekasi.

Deddy Kusuma, managing director of PT Putra Alvita Pratama,
said that the project, which will progress in stages over 15 to
20 years, would be located in eight villages: Mustika Jaya,
Cimuning, Pedurenan, Lambang Sari, Cibuntu, Mustika Sari, Lambang
Jaya and Jatimulya.

He said that 60 percent of the total area would be earmarked
for the construction of houses and business facilities, while the
remaining 40 percent would be developed as public facilities and
green belts.

"Out of the 2,000 hectares, 1,300 hectares were procured
through negotiations with the local people in the period between
1989 and 1990. Payments were made directly to the land owners,
without any middlemen," company director Herman Soedarsono said.
(hhr)

View JSON | Print