Realize Asta Cita Prabowo, SIG And PT Timah Karya Persada Property Cooperation Support Program 3 Million Houses

PT Semen Indonesia (Persero) Tbk (SIG) officially signed a Memorandum of Understanding with PT Timah Karya Persada Properti (TKPP) regarding cooperation in providing construction materials and services through one of its business portfolios, Sobat Bangun. This agreement marks the expansion of Sobat Bangun's business to the Business to Business (B2B) segment, after previously focusing on Business to Customer (B2C).

TKPP is a subsidiary of PT Timah (Persero) Tbk engaged in the housing and property sector. This company develops non-operational assets in the form of property and housing in a number of areas. The signing of the Memorandum of Understanding was carried out by SVP of Business Innovation SIG, Andi Krishna Arinaldi and the President Director of TKPP, Abdul Kamarues, at the GIS Headquarters, Jakarta, on Tuesday, February 4.

SIG Corporate Secretary, Vita Mahreyni said that this collaboration is part of the GIS initiative to strengthen collaboration with various parties to support smooth development and sustainability, especially in the housing sector. What's more, the government is currently pushing for the acceleration of the 3 million home program.

"As a state-owned provider of building materials solutions, GIS is ready to support the development of national housing, including government programs in building 3 million houses by optimizing its resources, as well as a wide operational network, including through the Sobat Bangun platform which is supported by the construction service ecosystem and building material distribution network within the company group," said Vita Mahreyni, in her statement, Monday, February 10.

President Director of TKPP, Abdul Kamarues said that cooperation with GIS makes TKP more optimistic to continue to develop housing projects in Indonesia so that it can contribute to meeting home needs for the community.

"With the land owned by TKPP, there is a great opportunity to develop housing projects with GIS. We will further study the features and products of GIS that can be applied on the land. We also hope that this synergy can continue, so that it can create added value for both parties," said Abdul Kamarus.

Previously, SIG and TKPP had collaborated on a housing development project in Bekasi, West Java, which had started in September 2024. This collaboration includes the renovation of type 74 houses at the Familia Urban Cluster Amethyst Housing, the construction of type 39 houses in the Familia Urban Cluster Housing, Alexandrite, and the construction of type 60 houses in the Familia Urban Housing.

In the future, SIG and TKPP are ready to work together in land development owned by both parties, as well as in preparing a co-marketing strategy in the digital marketing ecosystem to strengthen housing marketing owned by TKPP. This strategic collaboration is expected to be the first step in building a long-term partnership that is mutually beneficial and contributes to the growth of the property industry in Indonesia.