Success Story Ir. Ciputra Building a Property Business Empire Without Capital
By : Ahmad Fadli And Aldi Firhand. A | Saturday, December 02 2017 - 19:31 IWST

Ir. Ciputra Founder Ciputra Group
INDUSTRY.co.id - Jakarta - Who does not know the figure of Ir Ciputra, or commonly called Pak Ci? The figure behind the success of a large property group in the country. In a recent CEO Forum 2017 event, he recalled flashbacks when starting his property business.
The pioneer of real estate Indonesia is admitted to start his business without capital alias only rely on credit to the banks. Again and again Ciputra meet the Governor of DKI Jakarta Soemarno and offer the concept of real estate to build the city of Jakarta.
"I ask for credit to the Governor of DKI and I went many times then I borrow Rp7 billion," he said. Persistence Ciputra is to fruition by conjuring a swamp land into a recreation center known as the Ancol Dreamland Jaya.
In borrowing capital and attracting investors, Ciputra claims to offer honesty. The capital used to build a project will not be used for other projects.
"I dare to borrow money but I only use it for the project and I do not like to play left and right," he said.
According to the man with the real name of Tjie Tjin Hoan, integrity becomes one of the keys to successful entrepreneurship. Even the concept also applied to the entire board of directors and employees of Ciputra Group.
Until now Ciputra claims there is no board of directors or managers who do corruption of 130 property projects at home and abroad are working on his company.
"You have to work honestly, integrity is important to the entrepreneur, every word is a promise and a promise is a debt, until now there is no ranks of us corruption," he claims.
In addition to upholding integrity, Ciputra also implements a simple lifestyle. He promised not to use Mercedes as a private vehicle as long as Ciputra Group managers also use similar brands.
"I do not want to use Mercedes but wear Toyota, unless my manager use Mercedes yes I wear," he said.
As for a number of successful projects developed Ciputra among them housing Springhill Golf Residences, Royale Springhill Apartment, The Boutique Apartment and Office Park Kemayoran.
Then Kedoya Garden Housing, Wesling Apartment, Kembangan Baru Housing, Green Court Residences, CREA Resort Office Bali, Serpong Area, Bintaro, Pondok Indah, Taman Impian Jaya Ancol, Ciputra World II and many other malls.
Meanwhile, Ciputra Group is also developing the Ciputra Hanoi International City project and other international projects such as Grang Shenyang International City in China and Grand Phnom Penh International City in Cambodia.
Read Also
PT Patra Jasa: A Giant In The Making
Opening of the 2023 Mall to Mall Exhibition at Trans Studio Mall,…
Jababeka and Mitsui Fudosan Asia Launch Wimbledon Shophouse in Kota…
tops! Handover of Cluster 'The Grove' Shila at Sawangan Faster Than…
Swire Properties, A Story of World-Class Excellence and Creative…
Today's Industry

Kamis, 07 Desember 2023 - 20:41 WIB
Lenggang Nyai Dance Enchants at Asian Cup Mascot Launch in Doha
Doha, Qatar - At the Asian Cup mascot launch event in Qatar, the traditional Indonesian dance, Lenggang Nyai from Betawi, stole the show as the only representative from the Southeast Asian region…

Kamis, 07 Desember 2023 - 20:35 WIB
The Consulate General of Indonesia in Vancouver Receives the Integrity Zone Award for a Corruption-Free Region (WBK) in 2023
Bali, Indonesia - The Consulate General of the Republic of Indonesia in Vancouver has achieved the Integrity Zone (ZI) Towards a Corruption-Free Region (WBK) Award 2023. The award was presented…

Kamis, 07 Desember 2023 - 20:31 WIB
Indonesia´s Jamu Wellness Culture Declared as UNESCO Intangible Cultural Heritage
Kasane, Botswana - The UNESCO Intangible Cultural Heritage (ICH) Convention Committee has declared Jamu Wellness Culture as a UNESCO Intangible Cultural Heritage on (6/12). Jamu Wellness Culture…

Kamis, 07 Desember 2023 - 20:29 WIB
From Cape Town to Nordkapp, Indonesian Explorer Sets Off on Expedition Promoting Indonesia
Cape Town, South Africa - Balines globetrotter, Ida Bagus (IB) Ngurah Wijaya has once again set off on an adventure by riding a motorbike from Cape Town to Nordkapp (06/12). On this trip, IB…

Kamis, 07 Desember 2023 - 20:24 WIB
The Indonesian Christian Community holds Christmas Commemoration in Brunei
Bandar Seri Begawan, Brunei Darussalam - Indonesian Ambassador to Brunei Darussalam, Dr. Achmad Ubaedillah hopes that the commemoration of Christmas Day 2023 can further strengthen the sense…
News Comment