Housing remains in short supply in Indonesia. — The Jakarta Post
JAKARTA: The government is looking to foreign developers to support President Prabowo Subianto’s ambitious housing programme, but many Chinese firms that could in theory handle large-scale projects face constraints in expanding abroad due to financial woes following the property bust in their own country.
China has been the largest foreign investor in Indonesia’s real estate market in recent years, but the government’s target of building three million homes a year is a herculean task.
