Indonesian Political, Business & Finance News

New rehabilitation complex to be built

| Source: JP
New rehabilitation complex to be built

JAKARTA (JP): PT Catur Swasakti Utama (CSU), a subsidiary of
Bakrie Group, has started work on a rehabilitation housing
complex in Cipayung, East Jakarta, which it agreed to construct
in exchange for the plot of land where the luxurious Taman Rasuna
Apartments are now sited in Kuningan, South Jakarta.

A ceremony to mark the beginning of the project, which is
expected to be completed in July next year, was presided over by
Deputy Governor for Welfare Affairs Djailani at the construction
site on Wednesday.

When finished, the complex will be used to accommodate
beggars, sidewalk vendors and street children, including those
who help motorists circumvent the city center three-in-one
traffic regulations.

Eddy Widodo, who heads the Ministry of Social Services' city
office, said the project would compensate for the city-owned
rehabilitation complex which was demolished to make way for the
apartment complex.

"Under Gubernatorial Decree No. 1291/1996, PT CSU was obliged
to reimburse the city with 10,000 square meters of land and build
the rehabilitation complex in Cipayung in exchange for a permit
to build the apartments," Eddy said.

The rehabilitation complex will be constructed over a 2,500
square-meter site and will cost about Rp 5 billion (US$625), Eko
Budi P., PT CSU's development manager, said.

The complex will be equipped with seven office buildings, a
workshop, official's houses, kitchens, boarding houses and
security posts. (ivy)
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