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View all search resultsDuring a meeting with the House of Representatives on Feb. 10, Public Housing and Settlements Minister Maruarar Sirait revealed that the Meikarta land has been granted for free by Lippo Group to the government.
Once synonymous with controversy and stagnation, Meikarta has resurfaced on Indonesia’s national housing agenda. The government plans to repurpose the site for subsidized vertical housing for low-income households, with around 30 hectares (ha) of Lippo Group-owned land reportedly provided “for free”. The arrangement raises broader questions about transparency and whose interests the policy ultimately serves.
The Public Housing and Settlements Ministry plans to transform parts of the long-stalled Meikarta project in Bekasi, West Java, into a subsidized apartment complex (Rusun) to provide affordable homes in urban areas for low-income earners.
Lilies Surjono, the chief marketing officer (CMO) of PT Mahkota Sentosa Utama, the company developing the Meikarta project, said on Tuesday that the company was planning to sell about 1,250 apartments this year from 2019’s total sales of 1,000 units.
Bartholomeus has denied allegations that he had allowed Lippo Cikarang to wire a bribe of around Rp 10.5 billion (US$744,248) in exchange for expediting licensing for the $21 billion flagship project of the Lippo business group.
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