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Indonesia’s 15mn Housing Program Gets Global Support

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Algo Research Team


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Key Summary:


  • Qatar, UAE, China give verbal commitments
  • These supports include 8mn units or 53% of the total
  • Indonesia housing backlog stood at 9.9mn in 2023

The Indonesian Head of Housing Task Force, Hashim Djojohadikusumo, announced that several partner nations such as Qatar, UAE, and China have pledged to support government’s initiative to construct 15 million new homes.


Context: President Prabowo Subianto has committed to increase homeownership for low-income households by delivering 3 million affordable homes annually over the next 5 years.


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