Tangerang regency assets for sale

Tangerang regency assets for sale

TANGERANG: Tangerang regency administration has offered for
sale to the public its abandoned assets to cover the lack of
funds to build a general hospital in Tigaraksa.

Administration assistant Obun Burhanuddin said on Tuesday that
the most expensive asset would be the regency office housing
complex and former council office building on Jl. Kisamaun,
Tangerang, worth Rp 1 trillion (US$117.65 million).

Other assets include a former administration office complex on
Jl. Daan Mogot and several agency office buildings, including a
three-hectare abandoned bus terminal at Pondok Cabe, Ciputat,
Tangerang.

After the administration built its new center in Tigaraksa in
1989, it ceased to use a number of assets located within the
Tangerang mayoralty.

Obun said that the money collected from the asset sales would
be used to finance the construction of the regency's general
hospital.

"We have established a plan to start hospital construction
next year but as of today the administration has only Rp 300
million available," he said. -- JP