Private Developers Ask to be Involved in TOD Residential Development Project

INDUSTRY.co.id - Jakarta - Private property developers want to take part in developing Transit Oriented Development (TOD) areas or areas that are integrated with mass transportation. Because, TOD is a long-term development that requires careful planning.

Honorary President of International Urban Development Association (INTA), Budiarsa Sastrawinata said, the concept of TOD is not limited to building properties that are used as a settlement located in the station of a mass transportation. But it has a broader scope that is an area other than equipped with transportation facilities are also equipped with other facilities

Therefore, Budi said that in the development of TOD, there should be a synergy between government and private developers who are experienced in building an integrated area.

"If it is not well prepared, the TOD area may cause new problems, not only in preparation, but also after the management of the area," said Budi some time ago.

Budi said that the government-built TOD project built in railway stations is not an actual TOD concept. According to him, the concept of TOD should also think about the needs of the community that will inhabit the area built from education, health, and other commercial needs.

Meanwhile, Director of Ciputra Group, Agus Surja Widjaja, said that the government and private sectors in the development of downstream infrastructure projects are now clear. So far, the government has assigned State Owned Enterprises (BUMN) as the executor of infrastructure and property projects and there has been no clear policy on the role of the private sector.

According to Agus, it is better for the government through the assignment to SOEs enough to develop only the infrastructure but for the development of property should be left to the private sector.

"The government should do what the private sector can not do, instead of the state budget used to inject state-owned enterprises to build property, it is better to save money to build the infrastructure and build the property is left to the private sector," he said.