Vice president calls for immediate land clearance in Lombok
Originally Posted By: viperaberushitam
What tells me that Emaar Proprties backs out and some ass, I mean associate, will come in and offer 10 cents on the Dollar to buy it all and start a Palm Oil plantation or some other crap...........
Seems like Emaar are serious about building hotels there:
Emaar accelerates in Lombok
by Asia Pulse April 2007
The biggest state-owned company in Dubai, Emaar Properties LLC Dubai, has been speeding up the realization of its investment in a US$600-700 million integrated tourist zone in the Indonesian province of Central Lombok, West Nusa Tenggara.
"Emaar is speeding up the drawing up of a master plan of the project," said M. Abdul, a member of the Vice Presidential expert staff, when presiding over a meeting on preparations of infrastructure facilities for investment by Emaar Properties LLC Dubai, in Mataram on Thursday.
The former commissioner of state oil and gas company PT Pertamina said that he had recently established coordination with the management of Emaar in Dubai, and said that the making
of the master plan on the integrated tourist estate in Lombok Island was being intensified.
The master plan was originally scheduled for completion in six months following the signing of a memorandum of understanding (MoU) on cooperation between the Indonesian government, represented by PT Bali Tourism Development Coorporation (BTDC) and the Dubai administration represented by Emaar Properties LLC, in Dubai on March 19 this year.
"Actually the master plan was supposed to be completed in October 2008, but Emaar has shortened the period to August 2008, while the feasibility study of the investment would be completed two months later, so that not later than January 2009 actual construction of the project could be started," he said.
Abdul also said that the Indonesian government has to take quick measures in preparing the support infrastructure facilities.
Emaar Properties LLC, the richest state enterprise in the Middle East, has expressed its seriousness in making an investment in West Nusa Tenggara, so that all the relevant parties are expected to give their concrete support.
In the preliminary stage of the construction work, Emaar Properties planned to build two luxury hotels, Georgio Armani and Ritz, a condominium and a golf course on 450 hectares of the total of 1,250 hectares of land being developed.
"The President and Vice President have asked us to prepare the process of the investment of trillions of rupiah to the best of our ability.
"All the relevant agencies and institutions need to act quickly, and all the work supporting the investment need to be carried out in parallel," he said.
He asked the relevant sides like PT Angkasa Pura I, PT PLN, PT Pertamina, the Public Works Ministry, and the West Nusa Tenggara provincial administration to immediately take concrete
steps.
Various matters relating to the building of a Lombok international airport which is relatively near to the site of the integrated tourist estate in Central Lombok, need to be settled immediately.
Power supply, clean water and roads leading to the integrated tourist zone is a must.
Aircraft fuel supplies in the Lombok international airport also needs to be well-planned on the basis of underground pipelines because the transportation of aircraft fuel by fuel tank lorries has become outdated.
The West Nusa Tenggara provincial administration as well as the Central Lombok regency administration are required to settle any opposition to land clearance operations as s quickly
as possible.
The MoU includes the settlement of problems in land procurement in six months at the latest following the signing of the cooperation agreement.
Emaar Properties LLC planned to build the integrated tourist estate on 1,250 hectares of land in Central Lombok regency, 1,175 hectares of which had already been cleared and certified, while 74 hectares have yet to be settled.
The land of the project once belonged to the Lombok Tourism Development Corporation (LTDC) now controlled by asset management company PT PPA because LTDC had collapsed, and later
handed over to PT BTDC.
"We will send another special team for more detailed discussions of obstacles to the ways and means supporting the Emaar Properties LLC´s investment," Abdul said.