Key insights and market outlook
State-owned banks through Himpunan Bank Milik Negara (Himbara) are supporting the development of temporary housing (Huntara) in Aceh Tamiang through financial and logistical assistance. The project, led by Danantara Indonesia, aims to build 15,000 units within three months to support flood victims. The construction began on December 24, 2025, with 600 units targeted for completion by January 8, 2026 1
State-owned banks, collectively known as Himpunan Bank Milik Negara (Himbara), have joined forces to support the development of temporary housing (Huntara) in Aceh Tamiang. The consortium includes PT Bank Mandiri (Persero) Tbk. (BMRI), PT Bank Rakyat Indonesia (Persero) Tbk. (BBRI), PT Bank Negara Indonesia (Persero) Tbk. (BBNI), PT Bank Tabungan Negara (Persero) (BBTN), and PT Bank Syariah Indonesia Tbk. (BRIS) 1
The banks are providing comprehensive support through both financial assistance and logistical arrangements. This multifaceted approach is crucial for ensuring the successful completion of the Huntara project, which is part of a larger recovery effort following the recent flooding in the region. The construction began on December 24, 2025, with an initial target of completing 600 units by January 8, 2026, as part of a larger goal to build 15,000 units within three months 1
Chief Executive Officer (CEO) of Danantara Indonesia, Rosan Roeslani, emphasized that the Huntara project is a critical bridge between emergency relief and permanent housing solutions. The project is designed not only to provide immediate shelter but also to contribute to the long-term recovery and economic rehabilitation of the affected communities. Academic Iswadi from Universitas Esa Unggul stressed the importance of making the Huntara development sustainable and community-oriented rather than just temporary shelters 2
The Huntara development is a collaborative effort involving multiple state-owned enterprises (BUMN). PT Perkebunan Nusantara III (Persero) provided the land for construction. Seven state-owned construction companies are involved in building the units using accelerated and modular construction methods, led by PT Hutama Karya (Persero) as the field coordinator. Additionally, PT PLN (Persero) is ensuring electricity supply, while PT Telkom Indonesia (Persero) Tbk is providing communication connectivity to the area 1
Huntara Development Financing
State-owned Banks Collaboration
Infrastructure Support for Disaster Recovery