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Encyclopedia > Grand Indonesia

Grand Indonesia is a large shopping mall, luxury hotel, apartment, and office complex currently being built on the site of former Hotel Indonesia and Hotel Inna wisata in Central Jakarta, Indonesia. The site occupies a 7 ha government-owned land on the city's traffic circle known as Bundaran HI. The US$242 million project is funded by a major cigarette company Djarum under 30-year BOT contract. The King of Prussia Mall, one of the largest in the world, located in Pennsylvania, United States For the traditional meaning of the word mall, see pedestrian street or promenade. ... Central Jakarta (Jakarta Pusat) is a kota (formerly kotamadya) of Jakarta, Indonesia. ... Djarum is a popular brand of clove cigarettes (or kreteks) manufactured in Indonesia and owned by the PT Djarum company. ... Build-Operate-Transfer (BOT) is a form of project financing, wherein a private entity receives a franchise from the public sector to finance, design, construct, and operate a facility for a specified period, after which ownership is transferred back to the public sector. ...


Japanese departement store Seibu will be the one of the anchor tenant. The operation and management of the hotel and apartments is awarded to the Kempinski international hotel chain. BCA, the leading national bank, will occupy most of the office floors. Seibu may refer to: Seibu Railway Seibu Department Stores This is a disambiguation page: a list of articles associated with the same title. ... Kempinski is a an international hotel group with locations in Europe, South America, Africa, and Asia. ... BCA was first founded on 21 February 1957 as Bank Central Asia NV. A lot of things have happened since then—the most significant of all being perhaps the Asian monetary crisis in 1997. ...


The mall is expected to be completed in April 2007, the office building in July, the apartments at the end of October, and the hotel by the end of 2007.



 
 

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