Nusa Tenggara Barat (NTB) develops Atlantic and Mc Rusett potato in Sembalum village precisely at Rinjani foothill. Potato from Sembalun is produce in order to fulfill industrial needs; it was not Granola tomato for vegetable. Atlantic potato is for Indofood and Mc Russet for stick potato. (more…)
Local Government will keep taking full responsibility toward 31 percent of Newmont Nusa Tenggara divested stock. For 2010, there is remaining seven percent stock or for US $444.079 million. But if there is entrepreneur who interested with it , the stock is available for trade noted that they should buy it through PT Multi Daerah Bersaing (MDB) as affiliate company between NTB government, West Sumbawa and PT Multi Capital (MC). (more…)
NTB’s Pearls clearance sale by a pearl cultivation preservation entrepreneur makes the price slipped off drastically. In order to monopolize preservation business in NTB, the price not offered but just letting it go to his Japanese buyer. Nowadays, the price slipped up to IDR 20.000 per gram from IDR 800.000 – 1.000.000 (more…)
The remaining seven percent stock of Newmont Nusa Tenggara Corp. that should be disinvested in 2010 contested by national entrepreneur of Valco Capital belong to the son regions of Nusa Tenggara Barat (NTB), M. Hadi Bil’id. Cooperate with Sumbawa government there is new corporation named Sumbawa Maju Jaya co. (more…)
More than 77 international tourism companies from 22 countries, including Saudi Arabia, will attend Tourism Indonesia Mart and Expo (TIME) on Oct. 16-19 at the Sentosa Villas and Resort Lombok, said Dharma Kirty, Head of Information Affairs at the Indonesian Consulate in Jeddah. (more…)
Upmarket furniture and homewares retailer Lombok has launched its first range of light wood furniture as it seeks to attract a wider audience. The chain, which offers products inspired by and sourced in South-east Asia, has traditionally sold dark wood furniture. The lighter ranges are being introduced to two stores this week, and to the remainder of Lombok’s UK branches in the next fortnight. The range will be rolled out online next month. (more…)
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…)
Emaar Properties, the Dubai-based property developer with a significant presence in 36 markets globally, has accelerated its development plans for Indonesia with the opening of its country office in Jakarta.
The office will steer the development of Emaar’s first project in the country, the mega-tourism and mixed-use project in Lombok, and also explore new opportunities for growth.
Emaar is one of the first developers from the Middle East and North Africa region to expand into Indonesia, an emerging market with strong growth potential, especially in the tourism sector. The Lombok site, to spread over 1,175 hectares, will be an environmentally friendly project that will energise the country’s tourism sector.
The opening of the office follows the joint venture agreement signed by the Bali Tourism Development Corporation (BTDC) and Emaar, in Dubai recently, to undertake the Lombok project. Masterplanning for the Dhs2.2bn ($600m; IDR5,446 bn) development is scheduled to begin in April.
‘With our development plans for Indonesia, Emaar is consolidating its geographic expansion in Asia,’ said Mohamed Ali Alabbar, Chairman, Emaar Properties. ‘Emaar’s country office in Jakarta will lead the company’s efforts at identifying new growth opportunities in the country, and also ensure the on-schedule delivery of the Lombok project, which has the potential to create a new tourism hub like Bali.’
The master-planned community is set on the Kuta and Tanjung beaches and will integrate natural elements into a residential, leisure and hospitality zone. The leisure spread includes diving, snorkeling, hiking and surfing sports, for which Lombok is acclaimed globally. The Lombok project will have over 17 km natural waterfront, which will support a marina, apart from luxury residences and resorts by five-star hospitality chains.
‘The project will generate new jobs and support ancillary economic sectors,’ added Mohammed Ali Abdullah, Regional Executive Director, Emaar International – Indonesia, Algeria and Libya. ‘In line with environmental best practices, the Lombok project will explore new advances in project development and create a sustainable tourist hub.’
Emaar had highlighted its commitment to Indonesia with the rebuilding of an earthquake ravaged village. A joint initiative with the World Association of Non-Government Organizations (WANGO), Emaar’s project in Ngelepen encompassed the construction of unique Monolithic EcoShell Dome homes, which mitigate the effects of natural disasters.
Emaar’s expansion to Indonesia is in line with its Vision 2010 to become one of the most valuable companies in the world through geographic expansion and business segmentation. Emaar has a growing presence in Asia, and last year opened its first Emaar – Raffles International School in Singapore, which also marked the company’s move into education.
News by AME Info – ameinfo.com