Based on the data, 31 percent of millennials in Indonesia do not own a house
Jakarta (ANTARA) - State-owned Enterprises (SOE) Minister Erick Thohir affirmed that SOEs are proactively working towards facilitating the provision of housing that is reasonably priced and easily accessible by means of public transportation for the millennial generation.

"We have taken the initiative to help provide housing that is easily accessible from the city center by public transportation and at affordable prices for millennials," Thohir wrote on his official Instagram account @erickthohir on Monday.

Such a housing facility can help achieve equity and accelerate economic growth, according to the minister.

"Based on the data, 31 percent of millennials in Indonesia do not own a house, despite the fact that the millennial generation will be one of the pillars of the Indonesian economy with the demographic bonus," he pointed out.

Earlier, Thohir noted that the collaboration of state-owned bank BTN and other SOEs offered a solution to the housing needs of millennials.

The minister pushed for synergy among BTN, Perumnas, KAI, BUMN Karya, PLN, and Telkom to provide a one-stop solution to Gen Z to avail housing as well as ensure convenience for doing work.

Thohir viewed that housing is a major problem across the world, including in Indonesia, with a population of over 273 million people.

Hence, it is necessary to find a one-stop solution, so that the housing needs can be met not only for millennials but also for generation Z or Gen Z, according to the minister.

Thohir noted that synergy among relevant companies could help provide affordable housing supported by access to public transportation facilities for them to conveniently commute to and from work.

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Translator: Aji Cakti, Fardah
Editor: Sri Haryati
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