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

President Jokowi inaugurates 17 Indonesian Ambassadors Extraordinary and Plenipotentiary at the State Palace in Jakarta (25/10/2021). (Source: YouTube Channel of Presidential Secretariat)

Senin, 25 Oktober 2021 - 20:40 WIB

President Jokowi Inaugurates 17 New Ambassadors

President Joko “Jokowi” Widodo Monday (25/10/2021) at the State Palace, Jakarta, inaugurated 17 Ambassadors Extraordinary and Plenipotentiary (LBBP) of the Republic of Indonesia to Friendly…

President Jokowi receives Letters of Credence from four new Ambassadors of friendly countries, at the Merdeka Palace, Jakarta Province, in September. (Photo by: Presidential Secretariat/Lukas)

Senin, 25 Oktober 2021 - 18:50 WIB

President Jokowi Receives Letters of Credence from Nine New Ambassadors

President Joko “Jokowi” Widodo, on Monday (25/10), received Letters of Credence from nine new Ambassadors Extraordinary and Plenipotentiary (LBPP) of Friendly Countries to the Republic of…

Widodo Sucipto, President Director of PT Hydrotech Metal Indonesia.

Selasa, 19 Oktober 2021 - 15:47 WIB

Hydrotech Metal are Getting Closer to Canada Securities Exchange

PT Hydrotech Metal Indonesia are getting closer to Canada Securities Exchange, after the signing of Share Exchange Agreement with a Canadian company recently. The signing was done virtually…

Vice President Ma’ruf Amin and his spouse Ibu Wury head to Ambon for a working visit, Wednesday (13/10). (Photo by: Vice Presidential Secretariat)

Jumat, 15 Oktober 2021 - 22:10 WIB

VP Ma’ruf Amin to Close 20th PON in Papua

Vice President Ma’ruf Amin, on Friday (15/10), is scheduled to close the 20th National Sports Week (PON) in Papua at the Lukas Enembe Stadium, Jayapura regency. The Vice President, his spouse…

President Joko Widodo and Cabinet Secretary Pramono Anung at Kompas Bajo, Puncak Waringin, Thursday (14/10) afternoon. (Photo by: BPMI/Laily Rachev)

Jumat, 15 Oktober 2021 - 21:32 WIB

President Jokowi Visits Kompas Bajo Creative Hub

Ending his working visit in East Nusa Tenggara Province, President Joko “Jokowi” Widodo and First Lady Ibu Iriana on Thursday (14/10) afternoon took a walk to Kompas Bajo which is located…