Indonesian Political, Business & Finance News

Soeharto to open new luxury complex

| Source: JP

Soeharto to open new luxury complex

JAKARTA (JP): President Soeharto will open today the five-
hectare Lingkungan Dharmawangsa, a luxury apartment and hotel
complex in Kebayoran Baru, South Jakarta.

Executive director of the complex Michael Sumarijanto said
that the project, which cost about US$390 million, was designed
to combine Indonesian traditional culture and modern art.

He said that the complex housed five-star Hotel Dharmawangsa,
Klub Bimasena and two apartment towers.

"The 100-room Hotel Dharmawangsa will offer a wealth of
Indonesian culture and art, which inspired the exterior and
interior of the hotel," he said.

The hotel, owned by PT Binapuri Lestari, will be operated by
well-known hotel operator Rosewood Hotels and Resort Inc.

The Bimasena club, owned by PT Griya Kartika Dharmawangsa,
will be run by the Foundation of the Indonesian Institute for
Energy Economics.

The foundation's members are experts from the Ministry of
Mines and Energy, mining and petroleum contractors, experts on
finance and economics, and businesspeople working in the energy
industry.

"The club will provide the petroleum society the latest
information about the government and private activities in mining
and energy industry," Michael said.

The one-hectare club site was the venue of the 103rd OPEC
Conference, which ended Sunday.

The third focus of the complex is the 84 Dharmawangsa
apartments, also owned by Yayasan Binapuri Lestari.

Michael said the two apartment towers, one of which has been
completed, will provide residents a feeling of affinity with the
beauty of the Kebayoran Baru area. (08/jsk)

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