Tangerang to build sport complex

JAKARTA: The Tangerang regency administration plans to build a 20-hectare sports complex near Bumi Serpong Damai (BSD) housing estate in Pagedangan district of Tangerang regency, regent Ismet Iskandar said on Tuesday.

The newly elected regent said that the sports complex was expected to be an alternative to the Gelora Bung Karno Sports Complex at Senayan, South Jakarta and would host various national and international sports events.

According to Ismet, PT Bumi Serpong Damai, the developer of the BSD housing estate has provided 20 hectares of land as part of its obligation to allocate 20 percent of its total area for developing facilities for the local community.

He said the construction of the sports complex, was expected to start in 2004.

"We've got the land, but the problem now is that we are still looking for private investors because we have no funds to finance it. It could cost about Rp 1 trillion," he said.

However, Ismet promised that if investors were willing to construct the new sports stadium, the administration would allow them to also manage the facility.--JP