Thursday, February 18, 2010

Five investors eager to develop tourist hub in Lombok island

Chairman of the Investment Coordinating Board (BKPM) Gita Wirjawan said at least five investors had reiterated their intention to develop an integrated tourist hub in Lombok island, West Nusa Tenggara province.

"We will open the corridor to allow other investors to take part. Several investors have filed applications to us. One of them is Emaar Properties (of Dubai). The others are from other areas (than the Middle East). But we still cannot disclose their identity now.
To be sure, they are companies of good caliber," he said here on Thursday.

The BKPM chief said five companies had expressed interest in developing the project. "They all have equal chance. We will not discriminate against them," he said.

The West Nusa Tenggara provincial government signed a cooperation agreement with Emaar to develop the project two years ago. But the company has yet to realize its investment proposal until now.

As a result, the BKPM and the West Nusa Tenggara provincial government decided to offer the project to other investors.

So far, the local government had built a new airport and a road linking the provincial capital Mataram to the airport in support of the project

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