TEMPO.CO, Jakarta - Qilaa Global Group, a Qatari company, has officially launched the project to build 50,000 vertical housing units in Indonesia. This project marks the initial phase of an ambitious goal to build one million housing units in the coming years.

The Chairman of Qilaa Global Group, Abdulaziz Al Thani, stated that the concept being offered is not only focused on housing, but also includes supporting facilities such as schools, playgrounds, underground spaces, and a smart tower housing system. "The units we build not only provide shelter but also create a habitable environment with complete facilities," said Abdulaziz during the project's launch at The Ritz-Carlton, Kuningan, South Jakarta, on Thursday, June 26, 2025.

This housing project is intended for low-income communities and will be developed with an integrated concept. Abdulaziz mentioned that they are still calculating the price per unit to be offered. Nevertheless, he ensured that the housing would be marketed at an affordable price.

PT Al Qilaa International Indonesia will undertake the vertical housing development, with a total investment value of around Rp41 trillion. To realize this project, Qilaa has formed a consortium involving several partners including PT Bank Tabungan Negara (BTN), the Ministry of Public Works and Public Housing (PUPR), Danantara, PT China Communications Construction Indonesia, Risjadson Land, and DLS Consultancy Pte. Ltd. "We are starting the licensing process and land preparations. This may take some time, but we are already on the ground and have engaged all our partners to initiate and continue this project," said Abdulaziz.

The Chairperson of the Housing Task Force, Hashim Djojohadikusumo, stated that Danantara, as a state-owned enterprise (BUMN) holding, will ensure the availability of land. He mentioned that PT Kereta Api Indonesia (KAI), Perumnas, and PT Pertamina own the identified state-owned company lands. "Currently, we prioritize using government-owned lands first," said Hashim.

He also confirmed that Qatar provides the entire $2.5 billion investment for this project. Hashim stated that this investment will be used to develop vertical housing in several stages.

Hashim continued, Qatar is currently the only country investing in this housing sector. According to him, several countries such as Turkey, Japan, and China also show interest but are still in the exploration stage. "Other countries are also relied upon to invest. But Qatar is the first to show its commitment," said Hashim.