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UAE’s Emaar still interested in Lombok project
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Dubai-based property developer Emaar Properties on Tuesday denied a report that it had pulled out of the long delayed US$600 million tourism project in Bali´s neighboring island of Lombok.
Emaar has submitted an expression of interest to the Bali Tourism Development Corp in accordance with the tender procedure recently launched by the government of Indonesia, Emaar said in an e-mail to the newspaper Jakarta Globe.
On Monday, the Al Khaleej newspaper in the United Arab Emirates quoted Moh. Supriyadi, the Indonesian ambassador to the UAE as saying Emaar had abandoned the project.
BTDC president I Made Mandra confirmed that Emaar was still interested in the project but it would not receive any preferential treatment.
On Monday, the Al Khaleej newspaper in the United Arab Emirates quoted Moh. Supriyadi, the Indonesian ambassador to the UAE as saying Emaar had abandoned the project.
BTDC president I Made Mandra confirmed that Emaar was still interested in the project but it would not receive any preferential treatment.
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