SIGNING OF UNDERSTANDING NOTES BETWEEN PT BRANTAS ABIPRAYA (PERSERO) AND PT BANK TABUNGAN NEGARA (PERSERO) TBK.

14 February 2020


Jakarta, February 14, 2020. PT Brantas Abipraya (Persero) is an Indonesian state-owned enterprise engaged in the field of Construction and General Contracting. The company was founded on November 12, 1980 and is 100% owned by the Government of Indonesia. Starting from a main project for the development of the Brantas River, PT Brantas Abipraya (Persero) developed into a reliable company in the construction industry, with consistent management, in subsequent developments the Company has entered other fields of work, such as Roads and Bridges, Transportation Infrastructure (sea and air) such as seaports and airports, electricity, buildings, etc., such as the property industry and toll roads.

Widyo Praseno, as Director of Operations II of PT Brantas Abipraya (Persero) revealed, "ABIPRAYA PROPERTI is one of the business diversifications of PT Brantas Abipraya (Persero). Along with the development of the ABIPRAYA PROPERTY company as a BUSINESS UNIT in the field of property, the company developed several superior property products in order to support the Government's Program to meet housing needs for the community. "

ABIPRAYA PROPERTI seeks to support the Government Program to reduce the number of needs or backlogs of people's houses. For the Government, reducing the number of home backlogs is not an easy matter. Therefore, all elements of the nation must work together to help realize the construction of a Million Houses.

SIGNING OF MEMORANDUM OF UNDERSTANDING (MoU) IN ORDER OF ABOPRAYA PROPERTY HOPE PROGRAM

In its efforts to provide housing throughout Indonesia, ABIPRAYA PROPERTI continues to be active in collaborating with several parties not only on the availability of housing supply but also on the demand side of the house itself. In addition to focusing on retail-based housing ABIPRAYA PROPERTY, it also focuses on providing housing for State Civil Servants (ASN), BUMN employees, and TNI / Polri Members. One of the concrete steps taken by ABIPRAYA PROPERTY is to launch the HOPE (Home Ownership Program For Employee) program.

PT Bank Tabungan Negara (Persero) Tbk and ABIPRAYA PROPERTI, agreed to cooperate in the provision of Housing and Apartment Loans (KPR / KPA) developed by ABIPRAYA PROPERTI in the HOPE program.

The collaboration between PT Bank Tabungan Negara (Persero) Tbk and ABIPRAYA PROPERTY was marked by the Signing of the Memorandum of Understanding (MoU) entitled HOPE, at 23rd Floor BTN Tower, Harmoni Jakarta, Friday, February 14, 2020. Present at the event, Director of Operations, IT & Digital Banking of PT Bank Tabungan Negara (Persero) Tbk Andi Nirwoto, Director of Operations II of PT Brantas Abipraya (Persero) Widyo Praseno, and officials from each company.

"This collaboration is our commitment in running a synergy program between SOEs. We will continue to collaborate with other SOEs to improve mutually beneficial business performance, "said Widyo Praseno, during the speech of the signing of the MoU. "We hope that the HOPE Program can stimulate the market in the first half of 2020, along with the growth of optimism in the property industry in 2020."

Also present were the Stakeholders / Stakeholders of ABIPRAYA PROPERTI who are currently jointly preparing the HOPE Program and the Non Housing Program. Regarding this Housing Program, representatives from the Indonesian Tax Directorate General, Representatives from the Ministry of Home Affairs, Representatives from the KPU, Representatives from the National Defense Institute, Representatives from the Ministry of Communication and Information, Representatives from the Ministry of Social Affairs, and other guests we cannot mention one by one.

Some of the ABIPRAYA PROPERTI Projects include:

URBAN HEIGHTS RESIDENCES APARTMENT, developed by PT. Graha Investama Bersama (GIB Land) which is a subsidiary of PT Brantas Energi. Located in the heart of South Tangerang, surrounded by complete modern city facilities. With a distance of only 200m to and from the BSD toll gate, 15 minutes from the BSD CBD, 25 minutes from Simatupang Business District, and is connected by various modes of transportation such as KRL and Shuttle buses making Urban Heights Residences the right choice of residence for your lifestyle urban.


ARYA GREEN TAJURHALANG, developed by KSO Koperasi Sejahtera Bersama Group and PT Brantas Abipraya (Persero) Property Business Unit. ARYA GREEN TAJURHALANG, located in the middle of an area of ​​55 hectares, is strategically located in the heart of the city of Bojong Gede. The location of ARYA GREEN TAJURHALANG is easily reached from the capital by public transportation train with only 15 minutes from Bojong Gede Station and not far from 2 toll accesses namely JL. TOL BOGOR OUTER RING ROAD and JL. DEPOK ANTASARI TOLL


ARYA GREEN SIMATUPANG, a town house with a Balinese concept, is located on Jalan TB. Simatupang, a right choice for you who want to get a comfortable residence. Arya Green Simatupang is a residential with a minimalist tropical Balinese concept that is the answer for those of you who want a different atmosphere from Jakarta's life. Arya Green Simatupang is like an oasis for Jakarta residents who need a comfortable shelter after a day of activities.


ARYA GREEN SETU, BEKASI is designed to be a new community in the Setu area, Bekasi Regency. Offering easy access from various locations and various modes of transportation makes ARYA GREEN SETU, BEKASI the right choice for those of you who need housing. Surrounded by a variety of modern and traditional shopping centers, hospitals, schools, and commercial areas.
ARYA GREEN PAMULANG, ARYA GREEN PAMULANG is in the middle of an area of ​​3 hectares located strategically in Pamulang, South Tangerang. Its location close to the BSD Business and Commerce District makes this housing the right choice for employees who work there.

ARYA GREEN KALASAN, presents an Exclusive Cluster located in Tirtomartani, Kalasan, Yogyakarta. Offering a cool, beautiful, modern, and quality residence in the middle of your family. The location is only 10 minutes to Adisucipto Airport, 15 minutes to Plaza Ambarukmo, and 25 minutes to Gajah Mada University.
ARYA GREEN MAGUWOHARJO, elevating Modern Lifestyle in Local Wisdom, Arya Green Maguwoharjo is a blend of Affordable Residential Prices with Architectural Design that maximizes flexible functions and ideal spatial layout that gives perfection to your home. The location is only 0 km from Lotte Mart Maguwoharjo, 0 km from the Jogja Solo Toll Exit Plan and only 5 minutes to Adisucipto Airport.


Starting in 2020, ABIPRAYA PROPERTI is optimistic to continue to improve its business performance through a series of new property product development. ABIPRAYA PROPERTI will continue to innovate in each of its works, presenting high-value property for the nation and state of Indonesia.