Lombok News

High-ranking Indonesian government officials and Emaar International PJSC have denied that the Dubai-based development company has killed its massive $600 million project to turn a major portion of Lombok Island into another Bali. “The government of Indonesia and Emaar have extended a delayed joint venture agreement to get the project underway for another three months,” an Emaar spokesman said in an e-mail from Dubai. The spokesman asked that his name not be used. (more…)

It was still early in the morning when we arrived at Lombok’s Selaparang Airport. As we set foot on the airport’s tarmac, our eyes were greeted by Lombok’s mountains and scenic lush forest. A postcard view it was. Indeed, Lombok has become the new, upcoming tourist destination in Indonesia. It seems that the gods from Bali decided to move away from that island, due to its ever-growing population, and migrate to Lombok instead. At least, that’s what we thought when we saw Lombok for the very first time. It really deserves the title of the new haven of the gods. (more…)

Citing governmental paralysis and hinting that too many officials had their hands out, Dubai’s state-owned Emaar Properties PJSC has cancelled its massive $600 million property project that was to turn the pristine island of Lombok into another Bali. “We have closed our office in Jakarta starting Friday,” said Elly Savitri, Emmar Indonesia’s human resources manager. “Emaar has pulled out of its operations in Indonesia because the government cannot comply with the terms of the agreement with our joint venture company. (more…)