Bogor market renovation to start soon<\/p>\n
BOGOR (JP): Reconstruction of the Kebon Kembang Market, which
\nwas gutted by a large fire in March last year, will begin next
\nmonth and should be completed by January 1999, a private
\ndeveloper appointed to carry out the project said yesterday.<\/p>\n
\"The project will cost about Rp 44.5 billion (US$18 million),\"
\nPT Propindo Mulya Utama director for general affairs, Eric
\nWirawan Suganda, said. The cost was Rp 10.5 billion lower than
\nthe initial estimate proposed by the company in February.<\/p>\n
Ten employees of a Ramayana department store were killed by
\nthe fire, which also gutted about 1,000 kiosks. Displaced traders
\nhave since set up makeshift stalls around the former market site,
\ncreating heavy traffic congestion in the area.<\/p>\n
Two of five blocks of the original market required only a
\nlittle renovation because they were not affected by the fire very
\nmuch, Eric said. The other three blocks would be completely torn
\ndown and two new buildings would be built on the site, he said.<\/p>\n
As part of a deal, Propindo will manage the market when it is
\ncompleted, he said. \"We have a management license for 30 years.\"<\/p>\n
Meanwhile, the head of the Kebon Kembang market authority,
\nAlamsyah, said previous vendors would be given preference to rent
\nnew market space once construction was completed.<\/p>\n
The price of a new kiosk, set by the Bogor municipality, would
\nstart from Rp 1.12 million per square meter. (24\/07)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/bogor-market-renovation-to-start-soon-1447893297",
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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