PT Pengembangan Pariwisata Indonesia (ITDC) officially signed the Land Utilization and Development Agreement (LUDA) with PT Kleo Mandalika Resort to develop the total land area of 101,185 square meters on Monday (21 April). The land located in Lot TTA3-A, the Tanjung Aan Beach area, eastern side of the Mandalika Special Economic Zone (KEK), Central Lombok, NTB, will be developed into a 5-star hotel under the Luxury Brand Collection concept. The investment value for the project reaches Rp2.1 trillion.