double-skinned crabsVietnamese crab exportergood crabexellent crab

Prabowo Urges SOE Land to Support 3 Million Homes Program

Ricki Putra Harahap
March 16, 2026 | 10:03 pm
SHARE
A man visits the mock-up of the subsidized housing in Jakarta on June 15, 2025. (B1 Photo/Joanito de Saojao)
A man visits the mock-up of the subsidized housing in Jakarta on June 15, 2025. (B1 Photo/Joanito de Saojao)

Jakarta. President Prabowo Subianto has called for faster housing development in Indonesia by prioritizing land owned by state enterprises for affordable housing, as the government pushes forward with its ambitious plan to build millions of homes annually.

Speaking on behalf of the president, Hashim Djojohadikusumo, head of the government’s housing task force, said land owned by state-owned enterprises (SOEs) should be treated as public assets and used primarily to support housing programs for ordinary Indonesians.

“The president has said several times that land owned by state enterprises belongs to the people of Indonesia. It should not be sold at market prices,” Hashim said during the launch of a housing development initiative supporting the government’s housing program at Manggarai Station on Monday.

According to Hashim, the directive aims to ensure that state-owned land is used to support affordable housing projects rather than commercial property developments.

ADVERTISEMENT

Prabowo’s administration has pledged to build 3million homes each year as part of a nationwide effort to address Indonesia’s housing shortage. The plan includes two million homes in rural and coastal areas and one million units in urban centers.

Hashim said the president’s instruction comes amid concerns that some parties may seek to capitalize on the commercial value of state land.

If land owned by state enterprises were sold at market prices, he warned, the government’s effort to provide affordable homes for low-income households would become more difficult to achieve.

“For the housing program, this land must be prioritized for public housing,” he said, adding that the initiative is part of the government’s broader strategic development agenda.

Beyond providing housing, Hashim said the large-scale construction program could also serve as a major driver of economic growth.

“With this housing program, we can help push economic growth to reach 8% or even higher,” he said.

The housing sector has a significant multiplier effect on the economy because it stimulates demand across a wide range of industries, he added.

“When housing construction expands, many sectors move at the same time —cement, furniture, electrical cables, steel, timber and others,” Hashim said.

However, he cautioned that the housing initiative should not focus solely on meeting numerical targets.

Hashim urged stakeholders involved in the program to ensure construction quality remains high so that the homes built under the program provide safe and decent living conditions for residents.

Indonesia’s housing push is one of the cornerstone policies of Prabowo’s administration, which has set an ambitious target of accelerating infrastructure and social development to support long-term economic growth.

Tags: Keywords:
Google Add Investor.id as a preferred source on Google +
SHARE

Related Articles


Business Jul 3, 2026 | 2:22 pm

Danantara's First Financial Report Key to Building Investor Trust, Economist Says

Danantara's first consolidated financial report is a positive step, but timely disclosure and stronger governance remain crucial, economist
Business Jun 29, 2026 | 3:46 pm

Prabowo Targets Slimmer SOEs, Rules Out Layoffs

Prabowo targets cutting SOEs to around 250 within two years, while Danantara says the restructuring will not result in layoffs.
News Jun 17, 2026 | 8:21 pm

Housing Ministry Requests $5B Extra to Accelerate 3 Million Homes Plan

Indonesia seeks Rp 96.09 trillion more for its 3 million homes program as it works to reduce a housing backlog of up to 11 million families.
Business Apr 24, 2026 | 1:43 pm

Prabowo’s Brother Says Indonesia Buys 150 Million Barrels of Russian Oil

Prabowo's brother Hashim says that Indonesia will also gain the Russian oil at a "special price".
Business Apr 2, 2026 | 10:32 am

Jakarta Records 40.59% Housing Gap, Highest Nationwide

BPS Reports 40.59% Housing Gap in Jakarta Underscores Challenge for Prabowo’s 3 Million Plan
News Mar 16, 2026 | 10:03 pm

Prabowo Urges SOE Land to Support 3 Million Homes Program

Indonesia plans to use land owned by state enterprises to accelerate its 3 million homes program and expand affordable housing.
News Mar 12, 2026 | 4:38 pm

Prabowo to Launch Task Force for National Park Financing

President Prabowo plans a task force to find sustainable funding for Indonesia’s 57 national parks and improve conservation and management.
Business Mar 8, 2026 | 10:47 pm

Lippo Group Donates 30 Hectares for Affordable Housing Project Near Jakarta

Lippo Group donates 30 hectares in Bekasi for affordable housing, supporting Indonesia’s effort to reduce its housing backlog.

The Latest


Business 2 hours ago

Stocks Climb 1% as Indonesia’s Reserves, Airport Operations Recover

Indonesian stocks rose 1% as stronger foreign reserves and airport reopenings lifted domestic market sentiment.
News 2 hours ago

Volcano Eruption Cancels 14,000 Indonesian Umrah Pilgrims’ Trips

These Indonesian pilgrims were supposed to travel to Saudi Arabia between September 5 (Friday) and September 7 (Monday).
News 3 hours ago

256 Students Affected by Suspected Free Meal Poisoning

Several Karo students remain under treatment weeks after 256 students fell ill in a suspected free nutritious meal poisoning incident.
Business 3 hours ago

Indonesia’s Disaster Resilience Is Key to Economic Competitiveness: Kadin Institute

Kadin urges Indonesia to strengthen economic resilience as Anak Krakatau and karhutla disrupt transport and threaten business continuity.
News 4 hours ago

Indonesia to Revoke Mask Hoarders’ Permits Amid Volcanic Ash

Mask prices have increased after volcanic ash from Mount Anak Krakatau spread to the capital Jakarta.
COPYRIGHT © 2026 JAKARTA GLOBE. ALL RIGHTS RESERVED