Indonesian Developer Plans $2.5 Billion Tourism Project

Indonesian Developer Plans $2.5 Billion Tourism Project

By
Stella Nguyen
1 min read

PIK 2, backed by billionaire Anthoni Salim and Sugianto Kusuma, will invest $2.5 billion to create a 1,755-hectare tourism estate in Banten, Indonesia. The project is expected to generate 30,000 jobs and feature a safari area, golf course, hotels, and a racing circuit. It is part of the government's strategic projects and aims to attract 10 million tourists annually by 2060, contributing to economic growth in Indonesia. Majority owned by Multi Artha Pratama (MAP), PIK 2 is linked to the Salim Group and Kusuma’s Agung Sedayu. Anthoni Salim, with a net worth of $10.3 billion, has significant interests in food, banking, and energy sectors.

You May Also Like

This article is submitted by our user under the News Submission Rules and Guidelines. The cover photo is computer generated art for illustrative purposes only; not indicative of factual content. If you believe this article infringes upon copyright rights, please do not hesitate to report it by sending an email to us. Your vigilance and cooperation are invaluable in helping us maintain a respectful and legally compliant community.

Subscribe to our Newsletter

Get the latest in enterprise business and tech with exclusive peeks at our new offerings