Indonesian Political, Business & Finance News

Daan Mogot Mall resumes operation

| Source: JP

Daan Mogot Mall resumes operation

JAKARTA: Daan Mogot Mall, which was destroyed during the 1998
May riots following the killing of four Trisakti University
students, reopened for business on Friday.

"The mall was opened after all the renovation work to repair
the damage caused by the riots was completely finished," said
Anton Sulaeman, president director of PT Fajar Surya Perkasa,
which manages the mall.

Anton said renovation of the mall, located at Jl. Daan Mogot
Km. 16, West Jakarta, totaled Rp 40 billion (US$4.3 million).

The financial losses suffered by the management and store
owners during the riots reached over Rp 100 billion, Anton said.

He said 60 percent of the available space in the mall was
occupied.

Other malls, which were also destroyed four years ago, have
reopened their doors to the public, including Slipi Jaya Plaza
and Glodok Plaza in West Jakarta, Citra Plaza and Jatinegara
Plaza in East Jakarta and Supermal Karawaci in Tangerang. -- JP

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