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Qatari Investor to Build 50,000 Low-Income Apartments in Indonesia

By Admin 1 Kamis, 26 Juni 2025 Pengunjung (288) 1 Mins Read
qatari-investor-to-build-50000-low-income-apartments-in-indonesia

Inp.polri.go.id - Jakarta.  Qatari-backed PT Al Qilaa International Indonesia will begin construction on 50,000 affordable apartment units in Indonesia as part of an initial phase of a larger one-million-unit housing project for urban low-income residents.

“We thank President Prabowo Subianto for supporting this project. He sincerely wants to help low-income communities by building affordable housing. We are starting now — and we’re serious,” said Sheikh Abdul Aziz Al Thani, the Chairman of PT Al Qilaa International Indonesia, during a press conference on Thursday (26/6/2025).

The first phase is expected to require around US$2.5 billion in investment and be completed within two years. A second phase of another 50,000 units is planned.

The housing development will include community amenities such as schools, playgrounds, and swimming pools.

A Memorandum of Understanding (MoU) between Indonesia and Qatar was signed at the Presidential Palace, witnessed by President Prabowo, to formalize cooperation on funding one million homes for low-income citizens, as reported by antaranews.com.

(mg/inp/pr/rs)

 

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