Jakarta Golf Club project underway

Jakarta Golf Club project underway

JAKARTA (JP): PT Megacity Development Corporation, the owner
of the Jakarta Golf Club, a 31-tower apartment project in
Kemayoran, Central Jakarta, held a ground-breaking ceremony
yesterday to start the construction of the prestigious five-year
project.

The ground-breaking ceremony was attended by Minister/State
Secretary Moerdiono, who is chairman of the Kemayoran Complex
Board of Management, and Minister of Public Housing Akbar
Tandjung.

The Jakarta Golf Club project is to be constructed on 46.5
hectares of land, of which 22.5 hectares are earmarked for a
nine-hole golf course.

The 31 towers and supporting facilities, including a
clubhouse, hotel, driving range, fitness center, jogging tracks,
amphitheater and mini market, will be built on around 24
hectares. The towers will have a total of 8,700 apartments.

The company said that the apartments will be rented or sold to
middle and upper class expatriates, wealthy Jakartans and people
from other towns, such as Bandung in West Java, Semarang in
Central Java and Surabaya in East Java.

The Jakarta Golf Club is to be located in the future town of
Kota Bandar Baru Kemayoran, a 460 hectare area which is expected
to function as a new center of business, trade and housing in
Central Jakarta.

The company said that the Jakarta Golf Club, to be built with
a total investment of US$750 million, is designed to be a well-
planned, environmentally pleasant residential and business
center.

The company is a consortium made up of the Napan Group, the
Amcol Group and the Gajah Tunggal Group. (mas)