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Friday, April 11, 2008

Dubai`s Emaar intensifies tourist zone invesment in Indonesia

Mataram (ANTARA News/Asia Pulse) - The biggest state-owned company in Dubai, Emaar Properties LLC Dubai, has been speeding up the realization of its investment in a US$600-700 million integrated tourist zone in the Indonesian province of Central Lombok, West Nusa Tenggara.

"Emaar is speeding up the drawing up of a master plan of the project," said M. Abdul, a member of the Vice Presidential expert staff, when presiding over a meeting on preparations of infrastructure facilities for investment by Emaar Properties LLC Dubai, in Mataram on Thursday.

"All the relevant agencies and institutions need to act quickly, and all the work supporting the investment need to be carried out in parallel," he said.

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