Jakarta, Oct. 16 -- Indonesia's Ministry of Housing and Settlement Areas has identified the housing sector as one of the main pillars supporting national economic growth, citing its strong multiplier effect across multiple industries.

"The housing sector is one of the main pillars in driving national economic growth because it has a large multiplier effect on the Indonesian economy," said Sri Haryati, the ministry's Director General of Urban Housing, in Jakarta on Thursday.

She noted that the construction of 3 million houses - designated as a National Strategic Project for 2025-2029 - represents a strategic effort to expand housing access and strengthen the national economy.

The ministry also highlighted that the relaxation of People's...