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ITDC Hands Over Mandalika Land for Luxury Hotel Investment

ibnchannel.id – InJourney Tourism Development Corporation (ITDC) has officially handed over Lot TTA3-A land in the Mandalika Special Economic Zone (SEZ) to PT. Kleo Mandalika Resort for the construction of a five-star hotel under the Luxury Brand Collection concept. The handover was formalized through the signing of the Handover Minutes (BAST) on Wednesday, August 6 […]

ITDC hands over land in Mandalika to PT Kleo Mandalika Resort for luxury hotel development.

ibnchannel.id – InJourney Tourism Development Corporation (ITDC) has officially handed over Lot TTA3-A land in the Mandalika Special Economic Zone (SEZ) to PT. Kleo Mandalika Resort for the construction of a five-star hotel under the Luxury Brand Collection concept.

The handover was formalized through the signing of the Handover Minutes (BAST) on Wednesday, August 6 in Tanjung Aan, witnessed by members of the Regional Leadership Coordination Forum (Forkopimda) of Central Lombok Regency.

Troy Warokka, ITDC’s Director of Operations, stated, “This BAST signing not only marks the beginning of the construction of an international-class hotel, but also affirms that Tanjung Aan is a beautiful and well-maintained beach, that the land has a clean and clear status, that the investment climate in The Mandalika is conducive, and that all Forkopimda and the local community fully support the acceleration of regional development.”

The hotel, to be built on a 101,185 m² plot of land, is designed to complement The Mandalika’s premium accommodation portfolio, with an investment value of approximately IDR 2.1 trillion. The development by PT Kleo Mandalika Resort aligns with the Mandalika SEZ masterplan, which integrates accommodation areas, tourist attractions, and facilities for global-scale events.

PT Kleo Mandalika Resort is a foreign investment company (PMA) formed as a joint venture between firms based in Indonesia, Japan, and Dubai, all with international experience in property and hospitality development. Their presence in The Mandalika reflects global investor confidence in the region’s potential for premium tourism.

Beyond direct economic benefits, the land handover also reinforces legal certainty and the clean and clear status of land in The Mandalika, offering investment security. This process is backed by strong synergy between ITDC, the regional government, and security forces, ensuring a consistently conducive investment climate.

The event was attended by the Deputy Regent of Central Lombok, Forkopimda officials, and heads of related local government offices, who expressed their commitment to supporting smooth investment processes and accelerated development by business actors in The Mandalika — including assistance with licensing, activity security, and problem resolution that investors might face.

“As the developer and manager of The Mandalika area, mandated under Government Regulation No. 50 of 2008, ITDC ensures that the area’s development is well-directed, sustainable, and aligned with national interests. We are committed to overseeing every development phase with good governance, legal and environmental compliance, and delivering tangible benefits to the community through job creation, MSME empowerment, human resource development, and regional economic growth,” Troy concluded.***

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