Main contractor for Oasis Square

PT Total Bangun Persada (TBP) has been chosen as the main contractor for the construction of the Rp 250 billion (US$113 million) Oasis Square project on Jl. Kalilio, Senen, Central Jakarta.

An agreement for the appointment of PT Total Bangun Persada was signed by its president, Komajaya, and Yan Mogi, the president of PT Sumbermitra Sarana Realtindo, the project's developer.

Spokesperson of the project Hiwik Sutrisno said Oasis Square, whose construction was launched in October, will consist of three apartment towers with a total of 474 apartments and two office towers.

The project is expected to be completed by the end of next year and will later be equipped with a three-star hotel to be built with an investment of Rp 40 to 50 billion. (hhr)