{
    "success": true,
    "data": {
        "id": 9682,
        "msgid": "emaar-signs-600-million-indonesian-mega-project-1206105013",
        "date": "2008-03-21 20:10:13",
        "title": "Emaar signs $600 million Indonesian mega-project",
        "author": "Chris Jackson on Wednesday, 19 March 2008",
        "source": "ARABIAN",
        "tags": "business",
        "topic": null,
        "summary": "Emaar Properties and the Bali Tourism Development Corporation (BTDC) have inked a joint venture deal to create a mega-tourism and mixed-use project on Lombok. The residential and resort community will sprawl across 1175 hectares, including the pristine Kuta and Tanjung beaches. Development of the US $600 million project is expected to begin in April, with plans to ensure the project is environment-friendly and fully integrated.",
        "content": "<p>Emaar Properties and the Bali Tourism Development Corporation (BTDC) have inked a joint venture deal to create a mega-tourism and mixed-use project on Lombok.<\/p>\n<p>The residential and resort community will sprawl across 1175 hectares, including the pristine Kuta and Tanjung beaches.<\/p>\n<p>Development of the US $600 million project is expected to begin in April, with plans to ensure the project is environment-friendly and fully integrated.<br>\nStory continues below \u2193<br>\nadvertisement<\/p>\n<p>BTDC president director I Mandra said: \"Indonesia welcomes investments that add to the socio-economic prosperity of our people, and Emaar with its proven competencies as a world-class developer, can contribute to the country's economic growth\".<\/p>\n<p>\"The Lombok project will particularly focus on tourism to complement the growing appeal of the destination,\" he added.<\/p>\n<p>Emaar Properties chairman Mohamed Ali Alabbar said the joint venture \"lends momentum to our expansion plans for Indonesia\", which he identified as a \"key market\".<\/p>\n<p>Emaar has already been involved in Indonesia as part of its involvement developing eco-friendly homes in Ngelepen to assist those affected by an earthquake.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/emaar-signs-600-million-indonesian-mega-project-1206105013",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}