Lombok gets Middle East investment
Balidiscovery.com, quoting Taj Hamaad, an advisor to the property group, said a final deal is being hammered out prior to ground-breaking ceremonies planned for later this year.
The Lombok project will occupy a 1.175 hectare site in Central Lombok.
The government has pledged that they will support new tourism investment in Lombok through the construction of an international airport capable of handling wide-bodied aircraft.
The Emaar Group has indicated that they will steer Middle Eastern visitors to the new resort development, diverting Emirates Airline passengers to Lombok once the airport is completed.
Once in Lombok, the Middle-eastern passengers will be greeted by two purpose-built luxury resorts and a massive mosque - all built by the Dubai investor.
The Minister of Culture and Tourism, Jero Wacik, told the Indonesian-language Bisnis Indonesia: “I hope that by 2009 the airport and the resort will be finished and both operational. The investors are optimistic that Lombok will surpass the popularity of Bali offering a range of international facilities.”
The Emaar Group has world-wide investments office buildings, resorts and malls.