Number: 09/PR-ITDC/XI/2018The Nusa Dua Bali - Indonesia, November 5th 2018ITDC (Indonesia Tourism Development Corporation/ PT. Pengembangan Pariwisata Indonesia (Persero)), confirms that between the Australian MotoGP held on Philip Island and the Malaysian Grand Prix, Mr Carmelo Ezpeleta, CEO of Dorna Sports SL, along with the Sporting Director, Mr Carlos Ezpeleta, took a short break to visit the Island of Bali, staying at one of the five-star resorts at the Nusa Dua, a 350-ha integrated Tourism Estate, owned and managed by ITDC.During this time, Mr Ezpeleta and Mr Abdulbar M. Mansoer, CEO and President Director of ITDC, toured and enjoyed the facilities at the Nusa Dua and also embarked on a day trip to the Island of Lombok to visit the Mandalika, another tourism resort project currently under development by ITDC, situated in the Southern Coast of the Island. Specifically, for this trip, Dorna was visiting a possible location for hosting future Motorbike Race Events within the 1,175-ha integrated tourism estate.A statement from Mr Abdulbar M. Mansoer reads as follows:“Mr Carmelo Ezpeleta was primarily at the Nusa Dua for a well-deserved break at the Bali National Golf Club before heading out to Kuala Lumpur for the Malaysian Grand Prix in Sepang. It was not his first time to the Island as he visited the Nusa Dua around 2 years prior beforehand. For this visit, during his busy schedule and on route between the two races, he wanted to visit Bali as well as Lombok, where we welcomed him to the Mandalika and presented a potential concept to host future Motorbike Race Events. His visit was brief, but we believe that he sincerely enjoyed his break and of course we would be very happy to welcome him back to Bali and Lombok in the near future.”
Read MoreNumber: 02 / PR-ITDC / I / 2019Jakarta, January 21, 2018 - PT Indonesia Tourism Development (Persero) or the Indonesia Tourism Development Corporation (ITDC), a state-owned developer and manager of the Nusa Dua Bali tourism area and the Mandalika West Nusa Tenggara, obtained financing facilities from the Asian Infrastructure Investment Bank (AIIB) for infrastructure development in the Mandalika Special Economic Zone (KEK) or the Mandalika. "After the approval of the AIIB Board of Directors on December 7, 2018, on December 31, 2018 we signed the Mandalika Urban & Tourism Infrastructure Project (MUTIP) financing facility agreement valued at US $ 248.4 million or equivalent to Rp3.6 trillion. evidence of confidence in the prospects for the Indonesian tourism industry, "ITDC President Director Abdulbar M. Mansoer said here on Monday. This MUTIP funding is the first financing with the largest amount in a standalone / independent manner carried out by AIIB in Indonesia. On a global scale, MUTIP is AIIB's first funding for tourism infrastructure development activities. AIIB itself is a multilateral financing institution or Multilateral Development Bank whose shares are owned by a number of world countries including Indonesia. AIIB was established to finance infrastructure development in Asian countries that are members. Meanwhile, Nusantara Suyono, ITDC Director of Finance and Corporate Strategy, explained that this MUTIP financing facility was very light where the tenor was 35 years and the grace period was 10 years and the interest was according to the 6-month London Interbank Offered Rate (LIBOR) plus 1, 4 percent per year. "This financing is also inseparable from the full support of the government, especially the Ministry of Finance," Nusantara Suyono said. Nusantara further said that MUTIP financing would be aimed at developing infrastructure and basic facilities within the Mandalika area. The activities carried out include the construction of roads in the area, the provision of clean water, sanitation and drainage, wastewater and solid waste treatment, electricity distribution, as well as disaster risk management facilities, various public facilities and open public spaces. All infrastructure built in the Mandalika is a basic regional facility to bring in foreign and local investment with the target of building more than 10,000 starred hotel rooms. A convention center will also be built for MICE activities, 27 holes golf course, commercial or retail malls, theme parks, hospitals, and street race circuits with world-quality motor racing such as MotoGP.
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