PT Lippo Karawaci Tbk has taken initiative steps to mitigate the market uncertainty amidst the Covid-19 pandemic, including cost efficiency to lower operational costs by reducing operational hours in its various malls and hotels chains in 2020 fiscal year and by cutting its expenditure capital and working capital. Through its subsidiary LPKR, Lippo Cikarang successfully launched the second cluster of its latest landed housing project, Waterfront Estates.