Portion of the area of the Mandalika Resort Mega Development project (now under construction in Kuta, Lombok Indonesia) slated for new international hotels. Date: 18 April 2018 Source: netralnews.com Indonesia Minister of State-Owned Enterprises (SOE) Rini Soemarno has launched the groundbreaking of the Paramount Lombok Resort & Residence project in Mandalika Tourism [...]
A development agreement for integrated tourism projects in the special economic zone (KEK) of the Mandalika Resort development project in Lombok NTB was signed by Vinci Construction Grands Projects and ITDC in front of Indonesia President Joko Widodo and French President Francois Hollande. The development agreement is reported to include building several hotels and [...]
An agreement between France's Vinci Construction Projects and the Indonesia Tourism Development Corporation (ITDC) to build a world-class MotoGP racing track at the new Mandalika Resort project in Kuta, Lombok NTB has been signed. Date: April 1, 2017 Source: bertia.baca.co.id Indonesia MotoGP lovers will soon watch the racers and classmates of Valentino [...]
Minimum prices for expat property ownership under the Right To Use ("Hak Paki") ownership title under Indonesia law were changed recently by the Indonesia government. Minimum prices revised for Indonesia foreign property ownership. Date: 12 October 2016 Source: Indonesia Investments The Indonesian government revised the price mechanism for property that can be [...]
Club Med announced plans to open their 350 room Club Med Lombok. Spanning over a 15 hectare site with 650 meters of ocean frontage, the refined "5 Trident Luxury Space" will offer dedicated concierge and personalized services for suite guests. The resort will feature restaurants serving international cuisine, bars serving free-flow drinks and [...]
Ribbon cutting ceremony finalizing the new Club Med Lombok development project at the Mandalika Resorts mega-development in Kuta, Lombok. Indonesia Tourism Development Corporation ("ITDC") and Club Med officials appeared together to memorialize their joint venture for the new luxury resort to be completed in 2019. Date: September 7, 2016 Source: Club Med [...]
Lombok's Selong Belanak Beach Date: May 26, 2016 Source: Hauteresidence.com Just a few years ago, exploring the Indonesian island of Lombok, Bali’s eastern neighbor, took a lot of time and patience. You could travel by boat several hours across the Lombok Straits, and there were also a limited number of flights––a quick [...]
Lombok investment is soaring as the Indonesian government increasingly throws its weight behind Lombok. The new Lombok International Airport ("BIL"), hundreds of millions of $USD in capital improvements already invested in the island with many more millions $USD slated, the Mandalika Resort mega project in Kuta coming of age, many infrastructure improvements completed [...]
The massive new Mandalika Resort development plan sprawls over 1,200 hectares of land, with 7.5 kilometers of beaches and ocean frontage. Four new Mandalika Resort Hotels have been announced and more are coming as the project finally gains traction and begins to remake the face of Kuta, Lombok. Date: 16 December 2015 [...]