Semarang Revitalization of Central Market
Country: Indonesia
City: Semarang
Key Stakeholders and PartnersSemarang City Government; Ministry of Planning BAPPENAS
CDIA SupportUS$ 164,645
Expected Downstream Financing$55.7 million (local financing institution)
Infrastructure sectorsUrban Renewal
CDIA priority impact areasClimate Change Mitigation and Adaptation; Environmental Improvement; Poverty Reduction
Key City Development Issues
One critical factor in developing the local economy of Semarang City is through the development of its traditional markets. However, traditional markets in the city were in bad physical and environmental conditions. The city government has previously commissioned several studies regarding the revitalization of Pasar Johar, one of the biggest trading hubs in Semarang, however, technical, financial and social challenges prevented the city from moving forward with the revitalization of the traditional market.
Despite its popularity, the market was in a dilapidated condition, highly exposed to climate elements, and lacked basic facilities to support its efficient functioning.
Details of Cooperation
In 2013, CDIA supported the conduct of project preparation study to redevelop Pasar Johar and its surrounding area to enable it to continue serving as a major trading center while preserving its historic buildings.
CDIA proposed investment options for the revitalization and climate-proofing of Pasar Johar, taking into consideration the city’s redevelopment priorities and land use issues, and the needs of the vendors and potential private investors. It also sought to link the project to potential financiers including the private sector.
Development Impacts
In 2021, CDIA conducted a monitoring study to track the progress of its intervention in Semarang; out of which it found key positive impacts of the project, such that the city was able to restore their heritage buildings to their original state; and increased the competitiveness of the market with the redevelopment measures, improvement of support facilities, and efficient use of spaces.
The project is also expected to benefit almost 7,000 vendors (80% of whom are women) with sustained livelihood; and provide a more comfortable shopping experience for women, children, the elderly, and persons with disability (PWD) through gender-responsive and inclusive market redevelopment efforts.
