The government will continue its program to develop 1 million houses this year, taking into account significant backlog in the program. Public Works and Housing Minister Basuki Hadimuljono said the government built 805,169 houses in 2016, compared to 699,770 houses … Continue reading →
Foreign property developers, led by state-owned China Communication Constructions Group (CCCG), made the biggest investment in Jakarta’s residential property in nearly a decade this year as they bet on relaxed mortgage rules boosting demand. CCCG’s $1 billion eight-tower complex is … Continue reading →
The central government will build a 10-megawatt (MW) capacity gas power plant in the Morotai Island Regency, North Maluku, to meet the electricity demand in the area. “Construction of the power plant will be started this year after we meet … Continue reading →
Indonesia seeks to settle issues surrounding flagship projects as well as the future of the gas-rich Masela block with Japan during an official visit to the East Asian country this week. During the visit, Coordinating Maritime Affairs Minister Luhut Pandjaitan … Continue reading →
The Chief of Indonesias Capital Investment Coordinating Board (BKPM), Thomas Lembong, said here on Thursday that the energy sector would become the backbone of cooperation between Indonesia and Iran. In a press statement, he informed that the two countries have … Continue reading →