Old Town area of Jakarta, Indonesia seeks investors for $14.7 million revitalization

Norviadi S. Husodo, head of the Jakarta Kota Tua Management Unit, said that the Kota Tua (Old Town) revitalization was expected to be started this year.

Norviadi revealed that the project still needed Rp200 billion (US$14.7 million) to be realized.

The budget needed to renovate Kota Tua is about Rp200 billion. Currently, we’re still looking for companies willing to finance the renovation project,” Norviadi said on March 4, 2016.

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