JAKARTA - State owned Indonesia Tourism Development Corporation (ITDC) has started the development of Mandalika special economic zone in Lombok, West Nusa Tenggara on Dec. 12 . ITDC president director Abdulbar M. Mansoer explained the company is preparing funds amounting to Rp 2.1 trillion (US$150 million) to be spent in 10 years period to develop the 1,175-hectares site. He said the development of Mandalika KEK will be divided into three phases.
At least three hotel chains, including Pullman and Club Med, have agreed to build properties in the region with construction set to begin in 2016. The development of Pullman’s four-star, 250-room hotel is scheduled to complete by early 2018. The construction of a convention center that can accommodate 2,000 people is also among the development plans during the first phase. (*)