Data from the government of Indonesia shows that a drive to build more than 1 million homes a year has, for the first time, hit its target.
The initiative was launched at the end of 2014 by the country’s president, Joko Widodo, in an attempt to match home-building volumes to the country’s rapidly growing population, and to tackle a history of under investment that left an estimated 7.6-million-home shortfall.
Figures from the Public Works and Housing Ministry show that in 2015 the country produced 699,770 homes, followed by 805,169 in 2016, 904,758 in 2017 before exceeding the target with 1.1 million in 2018.
Khalawi Abdul Hamid, the ministry’s housing procurement director general, said in a press statement yesterday (8 January): "In 2018, for the first time, the number of construction of houses in Indonesia exceeded 1 million units, reaching exactly 1,132, 621 units.
He added that the state had contributed 20% of the construction costs of homes, with another 30% coming from a government mortgage scheme of the houses were obtained through a government mortgage scheme called the Housing Financing Liquidity Facility. Around 70% of the homes were aimed at low-income households.
The aim of the programme is to cut the housing shortage to 5.4 million units by 2019.
Image: Self-help housing for a single-parent family in the city of Depok, Java (Affordable Housing Institute)