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Jakarta Post

ITF Sunter: Affected residents attend financial management course

  • News Desk

    The Jakarta Post

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Jakarta   /   Thu, February 27, 2020   /  04:16 pm
The Jakarta Post Image
A worker installs a banner about the groundbreaking ceremony of the Intermediate Treatment Facility (ITF) Sunter in North Jakarta on Dec. 20, 2018. (Tempo/ M Julnis Firmansyah)

Even though construction on the Intermediate Treatment Facility (ITF) in Sunter, North Jakarta, has shown no progress since its groundbreaking in late 2018, its developer has disbursed financial compensation to most of the families that were displaced by the project. PT Jakarta Solusi Lestari (JSL), a joint-venture company formed by city-owned developer PT Jakarta Propertindo (Jakpro) and Finnish energy company Fortum that was tasked to develop the ITF, also held a financial management course for residents on Monday on how to manage their money. Titin Suhentin, 38, was among the participants. Originally from Karawang regency, West Java, Titin said she was initially shocked by the relocation but was later relieved she would be compensated Rp 39 million (US$2,820). She conceded, however, that she had not known how to properly manage that amount of money. “I spent all of i...