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Abu Dhabi & Qatar to help fund Indonesian housing

By Gavin Gibbon
Jakarta's skyline blends colonial architecture with modern skyscrapers. Abu Dhabi and Qatar will support Indonesia's 15-million-home, five-year plan Alamy via Reuters
Jakarta's skyline blends colonial architecture with modern skyscrapers. Abu Dhabi and Qatar will support Indonesia's 15-million-home, five-year plan
  • Backing to build 15m homes
  • Qatar to finance 5m
  • Abu Dhabi to support 1m

Abu Dhabi and Qatar have committed to support Indonesia’s plan to build 15 million houses, according to the head of the housing task force Hashim Djojohadikusumo.

Djojohadikusumo said the Qatari government will finance the construction of five million houses, while an unnamed philanthropist from Qatar will contribute towards a further one million houses.

He added that Abu Dhabi has committed to contribute one million more houses.

Prabowo Subianto, a retired army general, who was elected the eighth president of Indonesia in October 2024, has pledged to construct 15 million housing units within the first five years of his presidency.

The bloc of six GCC countries – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE – formally opened negotiations with Indonesia over a free trade agreement in September.

Total trade between Indonesia and the GCC in 2022 was $16 billion.

The amount of investments from the Gulf into the world’s largest archipelagic state reached $25 million, predominantly from Saudi Arabia, Kuwait and the UAE, according to the most recent figures from Indonesia’s Ministry of Foreign Affairs.

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