09 June 2011

Algeria Invites Indonesia Investment Housing

Algerian government offers housing and infrastructure investment to the developers in Indonesia. The Algerian government plans housing program of 500,000 to 700,000 units.
Algeria's Ambassador to Indonesia Andelkrim Belarbi expressed his government with a serious housing program for low-and middle-income people.

"As many as 40 percent of government funds amounting to 300 million dollars allocated for housing development. Later, the house will be built measuring 75-80 square meters with a range of Rp 100 million," he said in a press release received Kompas.com, Thursday (9 / 6 / 2011).
To demonstrate the seriousness of the government, Abdelkrim said it is ready when Indonesia accepted the offer this program.

"Pure public housing development program entirely Algerian government programs. However, we support the Government of Indonesia and provide an opportunity to help build housing for the people," he said.
Several other countries, like China and Korea, has invested in Algeria for the housing sector. While Indonesia was represented PT Wijaya Karya (Wika) has been building for infrastructure.

Housing Minister Suharso Monoarfa hope REI (Real Estate Indonesia), PT Waskita Work, PP, and state-owned Perum Housing developers can have an idea of ​​the construction of housing and infrastructure Algeria PT Wika.
Indonesia has received a bid to build housing in Algeria. Then what about housing for low income people in their own country?

Suharso said the opportunity to build housing in Algeria is very large. However, it does not mean a focus on providing housing for people in Indonesia.
"The construction of permanent houses in Indonesia carried out according to the program that was created Kemenpera," he said.

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