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Kuta Beach investment value is around Rp 1 trillion or 75 million US $
American Paramount Studio Hotel is set to complete the Kuta Beach investment
American Paramount Studio Hotel with 500 rooms will be built on an area of 9.6 hectares and will be completed by the end of 2018. The investment value is around Rp 1 trillion or 75 million US$. Korean investors also invest money in KEK Mandalika by building Hotel Royal Tulip. Built on an area of 3 hectares with 200 rooms, the investment value of this hotel is about Rp 250 billion.
The arrangement of Kuta Beach investment into an international public area with an investment value of Rp 32 billion will be completed by ITDC, and inaugurated by the minister of SOEs at the end of August 2017.
The arrangement of Kuta Beach into an international public area with an investment value of Rp 32 billion will be completed by ITDC, and inaugurated by the Minister of SOEs at the end of August 2017.
Local investors also helped to invest in hotels. Bernama Hotel X-2 has 200 rooms, built on an area of 4 hectares with an investment of around Rp 300 billion.
In addition to the two hotels, three other hotels are also under construction. Two of them are owned by ITDC, namely Hotel Pullman and Hotel Club Med. Pullman will have 250 rooms built on 4 hectares of land and an investment of around Rp 500 billion.