City of Amsterdam District of Oost (East) is a multicultural area in a process of regeneration. With relatively more social housing and unemployment than in other parts of the city, there has been a concerted effort by local government in recent years to increase investment in social, urban and economic issues. These investments are focussing particularly in the Indische Buurt area, the neighbourhood with a large Indonesian population, in which the CCIA pilot currency Makkie currently operates.
Around the turn of the 19th century, Amsterdam expanded eastward to provide housing for mostly lower-income families. During the 1960s and 1970s many immigrants settled here from Turkey, Morocco and Suriname and later the low rents also worked to attract many students and artists.The area’s strong sense of community has come back in recent years with major investments into economic, education and social infrastructure. In short, it has become much more attractive for middle-income families.
Since 2010 the Amsterdam East district combines former districts Zeeburg and Oost-Watergraafsmeer. The size of the new district is 31 km2 and is home to approximately 112,000 residents.