"Currently, there are three initiators, comprising Korea Land and Housing Corporation, CCFG China, and developer Summarecon. They will prepare the studies," director general of infrastructure and housing financing at the ministry Herry Trisaputra Zuna said here on Tuesday.
The companies are ready to build the housing area under the PPP scheme, with the CCFG China consortium and PT Risjadson Brunsfield Nusantara putting up Rp30.8 trillion (US$2.06 million); Korea Land and Housing Corporation Rp8.65 trillion (US$580 million), and PT Summarecon Agung Tbk Rp1.67 trillion (US$111 million).
Each of these initiators has chosen a theme for the housing area in the capital city, Zuna added.
A negotiation phase will start after the study concludes, he said.
"We'll give them six months of time since they started doing the study; while it is underway, we are going to evaluate it," he expounded.
The ministry has revealed that the housing for state civil servants at Nusantara will be in the form of apartments.
Chairperson of the Nusantara city infrastructure development task force at the Public Works and Public Housing Ministry, Danis Hidayat Sumadilaga, said that the ministry has proposed constructing 47 apartments for civil servants with a value of approximately Rp9.4 trillion (US$63 million).
The task force has determined the residential and non-residential areas in the city.
President Joko Widodo has asked that the funds for the construction of the residences, if possible, be sourced partly from the state budget and the majority from the PPP scheme.
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