Five more firms join investment of N. Jakarta
Five more firms join investment of N. Jakarta
JAKARTA (JP): The municipality signed a memorandum of
understanding with five private investors yesterday for the
reclamation of the North Jakarta coast and revitalization of
Sunda Kelapa port in North Jakarta.
The memorandum was signed at City Hall by representatives of
the five investors and city officials in charge of the
reclamation and revitalization projects and was witnessed by
Governor Surjadi Soedirdja.
Surjadi said after the signing ceremony that the municipality
expected private investors to make serious preparations to meet
all requirements stated in the agreement.
"Private investors' seriousness is necessary to enable the
project to be completed on time," Surjadi said.
One of the five investors will join the reclamation program,
while the other four the revitalization project.
The private investor supporting the reclamation of North
Jakarta bay was PT Jaladri Eka Paksi, which is partially owned by
army-owned Eka Paksi Foundation. The company intends to reclaim
200 hectares and turn the reclaimed area into residential, office
and business complexes and parks.
The four new companies taking part in the revitalization
project are PT Karya Cipta Buana Sentosa, which will revitalize
4,832 square meters of land at Sunda Kelapa, PT Sukabumi
Propertindo, 20,100 square meters, PT Dwimarunda Sentosa, 63,330
square meters, and PT Duta Kwalindo Pratama, 40,000 square
meters.
The four companies will transform the area into a commercial
site.
"Revitalization is in line with the city plan to improve
Jakarta's image and give it equal status with other big
international cities," Surjadi said.
He added that the revitalization project would support the
land reclamation project on the north coast, which will create a
new 2,700-hectare waterfront city.
Deputy Governor of Development and Economic Affairs Tb.M. Rais
said that all private investors should fulfill the memorandum's
requirements within six months.
Among requirements, he said, were detailed plans on the
proposed areas, environmental impact analyses, financial
proposals and necessary permits.
"The municipality will study them (the fulfilled requirements)
before signing any development agreement," Rais said.
He said that the municipality would carefully study proposals
from private investors. "We don't want to invite speculators
here," Rais said.
The municipality's ambitious plan to revitalize Sunda Kelapa
was intended to revive the glory of the Sunda Kelapa port 450
years after the site was captured from the Portuguese on June 22,
1547.
The administration estimated the revitalization project would
cost about Rp 8 billion (US$3.27 million), excluding the
construction of a 10-story shopping center and new office
buildings, which will be offered to private investors. Total cost
could reach Rp 14 billion.
By the 21st century, historical and modern high-rise buildings
will dominate Sunda Kelapa.
After the completion of the revitalization project, there
would be several monuments, a cultural center, a renovated
centuries-old mosque and a yacht terminal.
The architecture of old buildings in the area will be
maintained to help attract tourists.
Last April, the municipality signed a memorandum of
understanding with Anthony Salim of the widely diversified Salim
Group, which joined the reclamation project. Anthony proposed
reclaiming 600 hectares on the northern coast.
According to current plans, the entire area would contain
residential, business, recreational and tourist areas stretching
32 kilometers along Jakarta Bay, from Pluit in the west to
Cilincing in the east. (ste)