BTN Will Build Housing For Low-Income Communities in East Java

By : Hariyanto And Aldi Firhand A | Wednesday, November 15 2017 - 10:30 IWST

Residence Illustration
Residence Illustration

INDUSTRY.co.id - Jakarta - PT Bank Tabungan Negara (Persero) Tbk (BBTN) will build a simple house worth Rp123 million, targeting low-income people (MBR) in East Java.

"We will distribute mortgages for 2002 housing units in Jember, Lumajang and Bondowoso areas involving more than 20 developers with more than 20 hectares of land," said President Director Maryono in an official statement on Wednesday (15/11/2017).

Maryono said, the period of construction and distribution of BTN KPR in some areas will take place from January to August 2018.

"Property development in Jember region will certainly increase local economic growth due to the large multiplier effect, ranging from building materials industry, handicraft and so on," continued Maryono.

During a working visit in East Java, Minister of SOE Rini Mariani Soemarno looked directly at the housing area of ​​KPR Subsidi in Jember area whose credit was channeled by BTN. This area has been developed for approximately 8 years and inhabited by thousands of families who get subsidized KPR.

Rini also appreciated the role of SOEs in supporting the regional economy through BUMN programs for the State. Going forward, SOEs are expected to continue to provide direct support to the community, especially to encourage economic improvement and community welfare.

News Comment

Today's Industry

Hypertherm software

Selasa, 16 April 2019 - 10:57 WIB

Hypertherm Unveils New Home for Cam Software Content

Hypertherm unveils new home for CAM software content HANOVER, N.H. — April 16, 2019 — Hypertherm, a U.S. based manufacturer of industrial cutting systems and software, is unveiling a brand-new…

Etihad Airways airline (Foto Ist)

Kamis, 11 April 2019 - 12:44 WIB

ETIHAD AIRWAYS TO INTRODUCE BOEING 787 ON SERVICES TO KUALA LUMPUR AND BRUSSELS

ETIHAD AIRWAYS TO INTRODUCE BOEING 787 ON SERVICES TO KUALA LUMPUR AND BRUSSELS

Synopsys Recognized as a Leader in Independent Analyst Report on Software Composition Analysis Solutions

Kamis, 11 April 2019 - 12:34 WIB

Synopsys Recognized as a Leader in Independent Analyst Report on Software Composition Analysis Solutions

Synopsys Recognized as a Leader in Independent Analyst Report on Software Composition Analysis Solutions

Grab (Ist)

Kamis, 11 Oktober 2018 - 12:36 WIB

Women Activists Criticize GRAB Indonesia on Victims Harassment Mediation

A number of women activists express their anger and regret at the GRAB Indonesia. The Malaysian applicator response to bring together between a driver partner who is allegedly harassed his passengers…

Panen Padi (Foto Dok Industry.co.id)

Senin, 08 Oktober 2018 - 03:30 WIB

Banten Lebak Farmers Harvest 55,622 Tons of Dry Grain

Lebak-Petani in Lebak Regency, Banten, during September 2018 harvests rice in an area of ​​9,347 hectares of paddy fields with a production of 55,622 tons of dried pungut (GKP) grain.