Indonesian Political, Business & Finance News

Massive development projects planned for coastal areas

Massive development projects planned for coastal areas

While PT Trans Indo Duta Utama is conducting feasibility
studies for the construction of a container terminal in Cikupa, a
sea port in Tanjung Pasir and a 50-kilometer toll road that will
link the port with Soekarno-Hatta International Airport, the
Tangerang administration is also processing the permits for four
investors to develop the regency's northern coastal area.

They are Koperasi Pariwisata Pasir Putih (KPPP), PT Parung
Harapan, PT Kosambi Harapan Utama and Koperasi Pariwisata
Tanjung Pasir (KPTP).

KPPP plans to develop 100 hectares of beach area in Dadap
village of the Kosambi district. KPPP has reclaimed a part of
Dadap beach that had been seriously damaged by erosion.

With a total investment of Rp 1 trillion (about US$110
million), KPPP will build recreation parks that will be equipped
with cottages, a hotel, golf course and water recreation
facilities such as speed boats. The construction is scheduled to
be completed in five years.

According to the head of the regency's tourism agency Deddy
Supriadi, while KPPP has started its construction project, PT
Parung Harapan, PT Kosambi Harapan Utama and KPTP were still
preparing to commence construction.

PT Parung Harapan and PT Kosambi Harapan Utama plan to develop
sections of the coastal area for housing estates and shopping
malls, recreation sites and hotels.

PT Parung Harapan will develop 75 hectares of land in East
Kosambi district while PT Kosambi Harapan has been allocated
about 150 hectares of land in Teluk Naga.

KPTP has also been licensed to carry out four development
projects in Teluk Naga. The first project will include the
construction of a sea port that will be specially used for wood
shipment and a shipyard that will be built near Cisadane River in
Tanjung Burung.

The second project will involve the construction of a sea port
near Dadap beach that will be used to load and unload goods for
the warehousing located near Soekarno-Hatta International
Airport. The third project will be the construction of a tourist
resort in Muara Kalong of the Teluk Naga district, that will
include restaurants, shopping malls, and a quay to serve
interisland boat trips. The fourth project will cover the
development of a water transportation facility which will link
Cisadane River and Teluk Naga.

KPTP chairman, Machdiar, said no residents would be evicted
to make way for the four projects. "The projects will instead
provide promising business opportunities for local residents," he
said.

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