TOD Project Can Be Faster If Private Sector Helping Hands
By : Ahmad Fadli And Aldi Firhand. A | Tuesday, February 20 2018 - 20:01 IWST
![Illustration Shelter Integrated with public transportation modes such as Transit Oriented Development (TOD)](https://eagle.industry.co.id/uploads/berita/detail/1006.jpg)
Illustration Shelter Integrated with public transportation modes such as Transit Oriented Development (TOD)
INDUSTRY.co.id - Jakarta - Ciputra Group Director, Agus Surja Widjaja, confirms that private developers are able to build residential areas with Transit Oriented Development (TOD) concept as long as the scheme is submitted to market mechanism.
"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.
Even if the government wants to set prices for low-income people (MBR), according to Agus, private developers should be given incentives such as those obtained by SOE developers.
"If the government wants the private sector to build more affordable homes then it should be given incentives such as taxes, incentive in obtaining affordable land, private if there is profit on paper surely cultivated. If development submitted to the private sector development would be faster," said Agus.
Read Also
Optimistic of Warehouse Business Outlook, VAST Acquires Warehouse…
Not to Be Missed: New Museum to Open Dec. 22 in Taiwan’s Cultural…
Real estate exemplars succeed at the 18th PropertyGuru Asia Property…
PT Patra Jasa: A Giant In The Making
Opening of the 2023 Mall to Mall Exhibition at Trans Studio Mall,…
Today's Industry
![Totolink outlet. (Photo: Public Relation of Totolink)](https://eagle.industry.co.id/uploads/berita/small/5782.jpg)
Kamis, 11 Juli 2024 - 22:08 WIB
Totolink Strengthens Commitment to Innovative and Reliable Network Solutions for Indonesia
Marking a strategic step, Totolink Indonesia proudly announces the enhancement of its head office in Jakarta, located at Harco Mangga Dua Blok E No.28, Sawah Besar, Central Jakarta.
![The President Commissioner of Bersama Digital Data Centres (BDDC), Setyanto Hantoro (fourth right) and The President Director of BDDC, Angelo Syailendra (third right) during the BDDC JST1 Inauguration Ceremony in Jakarta on Wednesday (10/07/2024).](https://eagle.industry.co.id/uploads/berita/small/5781.jpg)
Kamis, 11 Juli 2024 - 19:03 WIB
BDDC Inaugurates JST1 TIER IV Data Centre in Jakarta to Strengthen Digital Infrastructure
Bersama Digital Data Centres (BDDC), an in-town data centre provider with interconnectivity and integrated digital systems, inaugurated its 5 MW Tier IV data centre facility, JST1 (Jakarta Selatan…
![The Board of Directors of PTT Global Chemical (GC) pose for a group photo after receiving the prestigious SNI (Indonesian National Standard) certification for its InnoPlus Polyethylene resin. (Photo: GC Public Relations)](https://eagle.industry.co.id/uploads/berita/small/5780.jpg)
Kamis, 27 Juni 2024 - 15:30 WIB
Global Chemical Achieves Prestigious SNI Certification for InnoPlus Polyethylene Resin
PTT Global Chemical (GC) is proud to announce its successful attainment of the prestigious SNI (Indonesian National Standard) certification for its InnoPlus Polyethylene resin.
![Financial Literacy](https://eagle.industry.co.id/uploads/berita/small/5779.png)
Rabu, 26 Juni 2024 - 22:47 WIB
The Importance of Financial Literacy
Financial literacy refers to the ability to understand and use various financial skills effectively, including personal financial management, budgeting, and investing.
![Unveiling New Opportunities](https://eagle.industry.co.id/uploads/berita/small/5778.png)
Rabu, 26 Juni 2024 - 14:52 WIB
Unveiling New Opportunities
As we step into 2024, the cryptocurrency landscape continues to evolve, presenting unprecedented opportunities for investors, developers, and enthusiasts.
News Comment