TOURIST AREA IN LOMBOK WILL BE DEVELOPED WITH AN INVESTMENT OF RP 549.8 BILLION

From: Indonesian Commercial Newsletter | Date: January 25, 1993 | Copyright information

The tourist area in Lombok, West Nusa Tenggara, will soon be developed using Bali's Nusa Dua tourist area as a model. The companies which will actually develop the tourist area in Lombok is PT Pengembangan Pariwisata Lombok (PT PPL), also called Lombok Tourism Development Corporation (LTDC). This company is a joint-venture between West Nusa Tenggara's Provincial Administration (35%) and PT Rajawali Wira Bhakti Utama (65%). The investment required for the project is estimated at Rp...

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