Firm to build Sheraton hotel in Bogor
Firm to build Sheraton hotel in Bogor
JAKARTA (JP): The Mega Guna Group will invest US$55 million to
build a five-star hotel with 320 rooms together with a
residential resort and golf course at Citeureup in Bogor, West
Java.
The group's chairman, Muljadi Senjaya, announced here
yesterday that the Queensland-based THG International will begin
constructing the facility, called Sheraton Rainbow Hills golf and
leisure resort, at the end of this month.
"We have assigned the Boston-based ITT Sheraton Corporation to
manage the resort on a management contract basis," Muljadi said.
Vice president of ITT Sheraton Antonio Zamora said the
Sheraton Rainbow Hills will be the ninth hotel managed by ITT
Sheraton in Indonesia.
The company currently manages hotels in Bandar Lampung
(southern Sumatra), Yogyakarta, Surabaya (East Java) and the
islands of Lombok and Bali. The three other hotels that ITT
Sheraton will manage are under construction in Yogyakarta,
Surabaya and Bali.
"In addition to China, Indonesia represents the highest
potential growth in the Asia-Pacific region," Zamora said, adding
that for the next few years his company will likely expand to
Batam Island, Surakarta (Central Java), Medan (North Sumatra) and
Manado (North Sulawesi).
Muljadi said that the concept for the 400-hectare resort in
Citeureup is to create a garden-like community in environmentally
friendly surroundings.
Golf
"The first phase of the Rainbow Hills project will be a 27-
hole golf course, with the first nine holes opening later this
year," he said, adding that the California-based J. Michael
Poellot design group will arrange the lay-out and construct the
golf course.
He said that another California-based landscape architect, the
SWA Group, as well as THG International, have been working for
over a year on the project.
Project manager Michael Johnson said that Muljadi, a native of
Sukabumi, West Java, wants to build a resort where guests can
experience West Javanese village life.
Muljadi noted that the Mega Guna Group, which totally owns the
project, will provide 50 percent of the cost for its
construction, while five banks, the state-owned Bank Negara
Indonesia, Bank Internasional Indonesia, Sake Bank, Bank Central
Dagang and Bank PDFCI, will help finance the rest. (09)