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Paramount Lombok Resort breaks ground

Paramount Resort & Residence Lombok

JAKARTA (RambuEnergy.com) – Paramount Lombok Resort & Residence breaks ground on Wednesday (April 18), marking the beginning of the construction of the hotel, which is located in Mandalika Special Economic Zone, Lombok Island.

The hotel development follows few other hotels that have begun construction earlier, including Hotel Pullman and Royal Tulip.

The groundbreaking ceremony was witnessed by the State-owned Enterprise Minister Rini Soemarno.

The project is developed by PT Pembangunan Perumahan (PP) through its subsidiary of PT PP Property Tbk in partnership with EBD Paragon. The resort hotel will be developed on 7.56 hectares of land with an estimated investment of Rp1.3 trillion, and scheduled to be completed in 2020.

The government is developing 11 Special Economic Zones (SEZs) with certain industry focus. Mandalika, being developed on 1,200 hectares, is dedicated for tourism industry. SEZ Mandalika is developed by state-owned tourism developer firm PT Pengelola Pariwisata Indonesia, known as Indonesia Tourism Development Corporation (ITDC).

The other SEZs are Maloy Batuta Trans Kalimantan, Sorong, Morotai, Bitung, Palu, Tanjung Lesung, Tanjung Kelayang, Tanjung Api-Api, Sei Mangke and SEZ Lhokseumawe in Aceh.

Mandalika SEZ, Lombok Island

To support the Mandalika SEZ, the government is also expanding the Lombok International Airport by lengthening its runway to 3,000 meters, so that it can accommodate wide-body aircraft.

ITDC has also secured commitment from Vinci Race Circuit CLuster to develop Mandalika Street Race Circuit Cluster in Mandalika area with total area of 120 hectares.

State port operator PT Pelindo III is also upgrading the Lembar Port, which is scheduled to be completed in 2019. (*)

Written by Staff Writer, edited by Roffie Kurniawaan (email: roffie.kurniawan@gmail.com

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