The Vice Mayor, Annas Effendi wished the Betawi House renovation will be used and well preserved. Based on the strategic program of Provincial government of Jakarta, they focus on fulfilling main needs of densely populated housing residents in Jakarta city to have a decent, healthy place to stay.
The quake of 7.6 Magnitude had struck the West Sumatra capital at 5.18pm Indonesian time on Sept 30, causing mass destruction and triggering mudslides that buried entire villages and their people. Money to rebuild the seven schools came from the CIMB -The Star Padang Relief Fund, set up two days after the quake.
To establish a market mechanism means, to create a fund flow from capital market to housing finance sector by facilitating financial transactions. A continuously fun flow will form the market mechanism and encourage lower interest rates, make it affordable to the community.