EMPLOYERS OBJECT TO BILL ON SAVINGS FOR PUBLIC HOUSING

by Andi Abdussalam

Jakarta, Feb 3 (Antara) - In efforts to resolve the issue of housing backlog, the government and the House are deliberating a public housing savings bill that will serve as a legal basis for the people to find access to savings to own houses.         However, businesses grouped in the Indonesian Chamber Commerce and Industry (Kadin) and in the Indonesian Employers Association (Apindo) have objected to the content of the Bill on Savings for Public Housing (Tapera bill), claiming that if the draft bill is passed into law, it will put further burden on employers.         Therefore, the Kadin has said it is opposed to the content of the draft bill because it would burden the industry and raise the cost of employment.         "Kadin appreciates the purpose of the Tapera bill which aims to give a chance to low-income people to own houses but we have also objected to the content of the bill because it puts the burden of funding the savings scheme on the shoulders of the employers," Chairman of Kadin Indonesia, Rosan P Roeslani, said in press statement in Jakarta on Tuesday.