{
    "success": true,
    "data": {
        "id": 1544895,
        "msgid": "558-meter-high-tower-to-lift-jakartas-image-1447893297",
        "date": "1997-08-13 00:00:00",
        "title": "558-meter-high tower to 'lift Jakarta's image'",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "558-meter-high tower to 'lift Jakarta's image' JAKARTA (JP): Minister\/State Secretary Moerdiono officially started the construction of the ambitious 558-meter Menara Jakarta, heralded as the world's tallest tower, at Kemayoran in Central Jakarta yesterday. In his speech, Moerdiono underlined the government and President's support for the US$560-million project and asked for the work to be done meticulously and thoroughly.",
        "content": "<p>558-meter-high tower to 'lift Jakarta's image'<\/p>\n<p>JAKARTA (JP): Minister\/State Secretary Moerdiono officially<br>\nstarted the construction of the ambitious 558-meter Menara<br>\nJakarta, heralded as the world's tallest tower, at Kemayoran in<br>\nCentral Jakarta yesterday.<\/p>\n<p>In his speech, Moerdiono underlined the government and<br>\nPresident's support for the US$560-million project and asked for<br>\nthe work to be done meticulously and thoroughly.<\/p>\n<p>\"The construction of the tower should be considered as a means<br>\nto elevate Jakarta's image on the international stage,\" he said<br>\nafter the groundbreaking ceremony at the project site, the former<br>\nKemayoran airport.<\/p>\n<p>Other officials attending the event were State Minister of<br>\nPublic Housing Akbar Tanjung, Minister of Tourism, Post and<br>\nTelecommunications Joop Ave, Governor Surjadi Soedirdja and<br>\ntycoon Sudwikatmono.<\/p>\n<p>The tower is being developed by PT Menara Jakarta with 51<br>\npercent of its shares owned by PT Indocitra Graha Bawana, a<br>\nconsortium led by President Soeharto's cousin Sudwikatmono in<br>\ncooperation with fellow tycoons Prayogo Pangestu and Henry<br>\nPribadi.<\/p>\n<p>Forty percent of PT Menara's stake is shared by state-owned<br>\ntelecommunication companies PT Telkom and PT Indosat. The<br>\nremaining 9 percent is owned by a foundation run by the state<br>\ntelevision station TVRI.<\/p>\n<p>\"The project is expected to be completed in four and a half<br>\nyears and the grand opening will be hopefully held in 2001,\"<br>\nSudwikatmono said.<\/p>\n<p>He said the project would be 70 percent funded by foreign<br>\nloans and 30 percent from the consortium he chaired.<\/p>\n<p>\"We expect to reach the return on investment in between 12 and<br>\n15 years after the project starts operating,\" he said.<\/p>\n<p>The project was designed by the East China Architecture Design<br>\nInstitute, which also designed the 460-meter Shanghai Tower --<br>\nthe world's third tallest tower.<\/p>\n<p>Menara<\/p>\n<p>Menara Jakarta, occupying 40,550 square meters of land, will<br>\nbe four-and-a-half meters higher than the world's current tallest<br>\ntower, the Toronto Tower. The second tallest is the Moscow tower<br>\nat 533.5 meters.<\/p>\n<p>Menara Jakarta will have a 3,050-square-meter revolving<br>\nrestaurant -- right under the 148-meter antenna mast -- with a<br>\ncapacity of 450 seats.<\/p>\n<p>Beneath the restaurant, there will be five stories, each with<br>\na total of 4,530 square meters of floorspace. They will be used<br>\nas control rooms for television stations and telecommunications<br>\noperations.<\/p>\n<p>A 1,880-square-meter observation deck and a 4,930-square-meter<br>\nlobby will be below the broadcasting floors.<\/p>\n<p>Other facilities include eight stories of multifunction rooms<br>\nfor seminars and entertainment functions and 17 stories for the<br>\nIndonesian World Trade Center.<\/p>\n<p>At the base, there will be a U-shaped shopping center and<br>\nparking lots.<\/p>\n<p>The project was publicly announced by then minister of<br>\ninformation Harmoko in August 1995.<\/p>\n<p>It was strongly criticized. People said the funds should be<br>\nused for other, more beneficial activities, such as the<br>\nimprovement of people's welfare.<\/p>\n<p>The controversy subsided after Sudwikatmono said the project<br>\nwas financed by private companies as a monument to symbolize the<br>\nsuccess of the New Order government.<\/p>\n<p>Surjadi Soedirdja shared Moerdiono's view that the tower could<br>\nhelp boost Jakarta's image as a major international city.<\/p>\n<p>\"But, there's one thing we can't forget, the city's goal to<br>\nimprove people's welfare,\" he said.<\/p>\n<p>Currently, 243,040 of Jakarta's nine million people are living<br>\nbelow the poverty line and mostly in slum areas.<\/p>\n<p>According to the tower's developers, the five stories under<br>\nthe antenna mast illustrate the five principles of the state<br>\nideology Pancasila.<\/p>\n<p>The tower's three pillars symbolizes the three pillars of<br>\nIndonesia's development: equal distribution of the fruits of<br>\ndevelopment for the creation of social justice; a high rate of<br>\neconomic growth; and dynamic and healthy national stability.<br>\n(ste)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/558-meter-high-tower-to-lift-jakartas-image-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
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