POSCO E&C participates in LIDO new town development project in Indonesia
POSCO E&C participates in LIDO new town development project in Indonesia
  • Lee Jun-sung
  • 승인 2018.09.12 11:55
  • 댓글 0
이 기사를 공유합니다

 

Bird eye view of the Lido new town

 

POSCO E&C will participate in the private-led project to develop a new city in Indonesia.

POSCO E&C made an announcement on Sept. 10 that it signed an MOA with the owner, Media Nusantara Infra (MNC) Group, and a major shareholder, KEB Hana Bank and IBK Securities, to participate in the first -phase LIDO new town project and financing. The MNC group is a media and real estate development company that represents Indonesia.

The Lido new town project is a 30 million square meter project owned by the MNC Group near Bogor, Java, about 70 kilometers from Jakarta.

POSCO E&C will build a PGA-class golf course (18 holes), a six-star hotel (120 rooms), and a condo and villa for the first stage of the project on the 2 million square meter site.

POSCO E&C, which has experiences and know-how in developing new cities in and out of South Korea such as Songdo in Incheon and An Khanh in Vietnam, signed an 'MOU' with the MNC Group for the LIDO new town development project in November last year and agreed on the PF financing with a major shareholder.

POSCO E&C made an announcement on Sept. 10 that it signed an MOA with the Media Nusantara Infra Group, and a major shareholder, KEB Hana Bank and IBK Securities, to participate in the first -phase LIDO new town project and financing.

"In addition to the new town development project in LIDO, we expect to receive orders for the Bali Trump Resort Project, which will be promoted by the MNC Group, as well as development projects that need construction and financing in Indonesia," a POSCO E&C official said.

"We will also participate in another landmark project following the Rajawali Place Project, which is currently building a luxury hotel and office in central Jakarta," he added.
 


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • ABOUT
  • CONTACT US
  • SIGN UP MEMBERSHIP
  • RSS
  • 2-D 678, National Assembly-daero, 36-gil, Yeongdeungpo-gu, Seoul, Korea (Postal code: 07257)
  • URL: www.koreaittimes.com | Editorial Div: 82-2-578- 0434 / 82-10-2442-9446 | North America Dept: 070-7008-0005 | Email: info@koreaittimes.com
  • Publisher and Editor in Chief: Monica Younsoo Chung | Chief Editorial Writer: Hyoung Joong Kim | Editor: Yeon Jin Jung
  • Juvenile Protection Manager: Choul Woong Yeon
  • Masthead: Korea IT Times. Copyright(C) Korea IT Times, All rights reserved.
ND소프트