JAKARTA, Feb. 20 (Xinhua) -- The Indonesian government has planned to construct 3 million houses for low-income people, opening partnerships with the private sector for the project.
The country's Minister of Finance Sri Mulyani Indrawati said on Thursday that her ministry would issue state securities, primarily to finance the construction.
"We will increase support for lower-class people by building houses, and these state securities will be allocated mainly for this program. We hope this initiative will enhance people's ability to buy a home," Indrawati said at a press conference.
Separately, Indonesia's Ministry of Housing and Settlement said that the government was open to public-private partnership schemes to facilitate the construction of affordable housing.
"To realize the construction of these homes, cooperation among various parties is necessary rather than solely relying on the government budget. Collaboration is essential to achieving the goal of developing 3 million houses as part of the government's programs," said Minister of Housing and Settlement Maruarar Sirait, as quoted by local media. ■
