Economic and industrial growth and rising hotel occupancy rates are inspiring developers to build more industrial estates and hotels that can respectively meet growing business and leisure demands throughout the archipelago.
The following are some of the biggest projects set for completion by 2015.
Podomoro Industrial Park to finish first phase
PT Agung Podomoro Land, through its subsidiary PT Sumber Air Mas Pratama (SAMP), is aiming to complete the first phase of its Podomoro Industrial Park (PIP) project in Karawang, West Java, by November 2015.
PIP is being developed on 542 hectares of land across two locations. The first phase will be 325 hectares, with the future development on the remaining 217 hectares.
SAMP CEO Johannes Archiadi said, as quoted by bisnis.com, that the company had already begun developing the first section of PIP. This specific development is being divided into three phases, each of which covers around 100 hectares . “We have over 300 hectares and each phase will develop 100 of these hectares.”
Johannes said that by November 2015, the first factory should have been built. “The land will be ready with complete infrastructure,” he said.
The second and third phases will take market conditions into account. The same goes for development of commercial and residential units. “If the market is good, we will instantly go on working on the next building. Commercial and residential areas depend on the respective markets,” he further said.
Meanwhile, SAMP business development manager Eddy Setiawan said that Agung Podomoro Land would be working on four projects in Karawang overall. Aside from the two industrial areas being developed by PIP and the commercial-residential area, the company is also developing the Grand Taruma housing complex.
Hotel groups enjoy Bengkulu growth
Bengkulu’s 5.14 percent economic growth rate is tempting investors to take advantage of all the lucrative opportunities the city has to offer.
The head of Bengkulu’s Regional Representative Council of Indonesian Real Estate (DPD REI), Guntur said the city’s great potential lay not only in its economic growth, but also in commodities such as crude palm oil and rubber.
“Bengkulu also has coal. The plantation and mining sectors along with other trading activities are what is attracting investors to build hotels in this city,” Guntur was quoted by kompas.com as saying
Previously, according to Guntur, the only representative hotels in Bengkulu were Grage Horizon and Santika. Other hotels were non-starred. So having some of the big names enter Bengkulu can create a strong momentum.
“Whenever there are meeting, incentive, convention and exhibition (MICE) events, Bengkulu always has a shortage of hotels. That is why these new hotels have answered these shortcomings,” Guntur said.
According to data from the Central Statistics Agency, Bengkulu’s room occupancy rate as of November 2014 was registered at 53.63 percent, while the average length of stay was 2.11 days. These numbers are motivating developers like Ciputra Group, Sahid Group, Grand Zuri Group and Santika Group to build new hotels.
Ciputra Group will open the CitraDream Hotel, Sahid is developing the Griyadi Hotel, Grand Zuri Group is opening the Zuri Express, while Santika Group is working on the Amaris Hotel.
Zuri aims for five hotels this year
In 2015, Zuri Hospitality Management is aiming to build five hotels in three different provinces.
Nicodemus Kasan Kurniawan, Zuri president director, said the nation’s economic growth had opened the doors of opportunity for hotel groups to expand.
Currently hotels are not just focusing on the potential of the tourist industry, but are also providing accommodation for business people constantly on the move. The nation’s overall occupancy rate for hotels still stands at a good 70 percent. This, according to Nicodemus, is why his group is constantly expanding to places like Pekanbaru, according to bisnis.com.
He added that Zuri would build three hotels in Riau, two of which would be in Dumai and one in Pekanbaru. The hotel is also preparing to build two hotels, one in Bali and the other in Jakarta.
These five hotels don’t include the start of operations for the Zuri Express hotels in Kalimalang, East Jakarta and Balikpapan. These two budget hotels will complement the four other Zuri Express hotels already in operation in Palembang, Pekanbaru, Mangga Dua and Lippo Cikarang. The group has expressed the hope that it can have a Zuri Express in every province of Indonesia.
Nicodemus said business hotels were targeting business travelers who need a place to rest before moving on with their journeys.
