Totalindo-PD Pembangunan Sarana Jaya Build TOD

By : Herry Barus And Aldi Firhand. A | Thursday, November 23 2017 - 11:15 IWST

Apartment Illustration (Illustration)
Apartment Illustration (Illustration)

INDUSTRY.co.id - Jakarta - PT Totalindo Eka Persada Tbk is cooperating with PD Pembangunan Sarana Jaya to build an integrated area consisting of apartment tower, office building and commercial area.

President Director of Totalindo Eka Persada, Donald Sihombing in Jakarta, Wednesday (22/11/2017) said the project will be built on an area of ​​1.8 ha with a total value of Rp3 trillion in Transit Oriented Development (TOD) concept.

"The company's portion in the project cooperation amounted to 49 percent and the rest of PD Pembangunan Sarana Jaya," he said.

The integrated residential development located beside Lebak Bulus terminal, South Jakarta, is one of the company's commitment to be active in the success of the government's program in providing a million houses for low income people (MBR).

He said the integrated area development project was the beginning of cooperation between the company and BUMD. Hopefully, the project to be done later can be a good start in achieving sustainable cooperation.

"The development of integrated areas should be developed, both as residential and commercial integrated in one area with mass transportation system, because this benefits the community," he said.

President Director of PD Pembangunan Sarana Jaya, Yoori C Pinontoan, as quoted by Antara, said the TOD project is estimated to require construction time for three years, and unit marketing begins in conjunction with construction.

"Maybe in the middle of next year can begin construction," he said.

News Comment

Today's Industry

Carmelita Hartoto, Chairman of the Indonesian National Shipowners Association (INSA) (Foto Ist)

Rabu, 25 April 2018 - 22:17 WIB

Rupiah Weakens, Chamber of Commerce Asks Market Trust to Be Guarded

Vice Chairman of Kadin for Transportation, Carmelita Hartoto, believes that rupiah exchange rate against US dollar should be maintained so as not to have psychological impact for business actors

vice chairman of Kadin for Industry, Johnny Darmawan (Photo: Ridwan / Industry.co.id)

Rabu, 25 April 2018 - 22:15 WIB

Kadin Assess That is No Need to Worry About The New Automotive Manufacturers

Vice Chairman of Indonesian Chamber of Commerce and Industry Johnny Darmawan assess the presence of automotive manufacturers from China to make the competition climate in the automotive market…

Garuda Indonesia Airlines

Rabu, 25 April 2018 - 22:11 WIB

Improve the Logistics Sector, Bali Expects Garuda to Serve London-Denpasar-Perth

Bali Provincial Government expects Garuda Indonesia airline to serve London, UK route to Perth, Australia with transit in Denpasar if direct flight of Jakarta-London is considered less profitable.

Illustration of Infrastructure Development (Ist)

Rabu, 25 April 2018 - 22:09 WIB

40 Hong Kong-China Investors Explore Infrastructure Sector Investment

A total of 40 investors from Hong Kong and China are exploring opportunities for trade and investment cooperation in Indonesia under the framework of the initiative of the 21st Century Silk…

Iluastrasi Investasi-images IST

Rabu, 25 April 2018 - 22:06 WIB

China Will Continue to Increase Investment in Indonesia

China claims will continue to increase investment to Indonesia after 2017 and investment growth in Indonesia reached 27%.