Indonesian Political, Business & Finance News

RI firm enters Solomons

RI firm enters Solomons

HONIARA (AFP): A consortium of Indonesian companies plans to develop a multi-million dollar tourism project here through a vehicle known as Metropolis Pacific Ltd., Finance Minister Christopher Columbus Abe said yesterday.

It will be developed outside the Solomon Islands capital on Guadalcanal where wreckage from World War II still litters the reefs, beaches and bushes.

Abe said representatives of the company were here to finalize the leasing of land.

Group leader George Lee, who is also chairman of the Panin Bank of Indonesia, said the company will build a four-star hotel, along with bungalow accommodation and a golf course.

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