PT PP Properti Tbk (PPRO) to focus on residential landed houses and apartments as its main business. On the other hand, PPRO will be prudent in developing office projects through the cooperation with other partners. In 2020, PPRO plans to acquire 20 to 40 hectares of land area in Java and it is curr... [read more]

The Ministry of Transportation and the Government of Tangerang City have agreed to offer the Mass Rapid Transit (MRT) of Lebak Bulus, South Jakarta-Rawa Buntu, South Tangerang route worth Rp20 trillion to private entities. The 20-kilometer route is the extension of MRT Jakarta Phase I route Bunderan... [read more]

After the success with the first phase of ICE Business Park, Sinar Mas Land will continue the second phase of its business area in BSD City, Serpong, Tangerang. The second phase will comprise 3-storey construction available for 64 units only and will start the marketing sales on 15 February. ICE Bus... [read more]

PT Ciputra Citra Trisula will soon launch its latest project named Citra Landmark. The vertical residential project resides on a 7-hectare of land area in Ciracas area, East Jakarta which is also integrated with the Light Rapid Transit (LRT). The strategic location has access to TB. Simatupang CBD E... [read more]

The Indonesia Toll Road Authority (BPJT) targets to complete the construction of 24 toll lanes by the end of 2020 with eight of them projected to be accessible for Eid al Ftr 2020 holiday. The eight toll lanes of 92.52 kilometers is estimated to be completed between March and May 2020. -Bisnis.com [read more]