Indonesian Housing Finance Senior Official Meeting And Seminar
October 29-30, 2007, Shangri-La Hotel, Jakarta-Indonesia

Housing sector plays important role in stimulating national economic  development. In spite of existence of real demand for housing, from macro-economic point of view, a development in housing sector could not be achieved without supports from other sectors industries. Thus, a development in housing sector would be subsequent developments of many factors in the real sector. One significant factor that directly fueling housing sector development is the existence of housing finance system, which will ensure fund flow availability to housing related sector continuously, beside condusiveness of overall business climate.

In the other hand, those sectoral developments and availability of such financing mechanism will strengthen social prosperity and welfare from job opportunities creations. This is an economic value added of a sound economic development. In many countries, the challenge to develop strong and sound housing finance system, needs commitment and effort from government and all entities that involved in the housing sector. Strong coordination and cooperation between those entities is absolutely needed to get equal understanding and perception in steps that will be taken for better development.