Warning: imagejpeg(): gd-jpeg: JPEG library reports unrecoverable error: in /home/investis/public_html/wp-includes/class-wp-image-editor.php on line 420
Lombok Island West Nusa Tenggara has the fastest growing tourism market in the region
Lombok island West Nusa Tenggara thanks to developments such as the international airport and the Mandalika Resort, achieving its goal of 20 million tourists by 2019 doesn’t seem far-fetched
The Mandalika Resort will be built as a Special Economic Zone to drive economic growth and develop Lombok into one of the national tourism icons. Worth $3billion, this project is the largest of its kind in SE Asia and construction will take place throughout 2017.
What Experts Are Saying About Lombok island West Nusa Tenggara $3B Mandalika Project
Bali may be Indonesia’s tourism superstar, but Lombok has already been gaining extreme popularity over the past few years – something that developers didn’t hesitate to take advantage of.
It is the brainchild of Indonesia Tourism Development Corporation (ITDC), formerly known as Bali Tourism Development Corporation (BTDC). It is responsible for developing Bali’s Nusa Dua into a resort and meeting complex. The ambitious plan is to develop the area into sustainable tourism and Meetings, Incentives, Conferences and Events (MICE) destination. ITDC says it will be ready for completion by the end of 2018.
According to Invest Islands, the development of the mega Mandalika Resort in Kuta Bay, South Lombok will include the building of infrastructure complete with solar power plants, water treatment facilities, and roads. It will offer 10,533 hotel rooms, 1,500 residential units, a theme park, eco park, water park, mangrove park plus a large marina, an industrial street circuit and golf course. This is predicted to become a major driver in increasing land values.
The site also notes that this will increase opportunities for Lombok investment. ITDC has a vision to “create a sophisticated tourist destination and therefore Mandalika would be home to several large hotels with popular brand names. This is sure to make Lombok a lucrative investment destination among investors from diverse backgrounds.”
They also point out that tourists will experience the perfect retreat amongst the natural beauty of Lombok and its availability of boutique resorts. Aside from their primary focus of developing 5-star and 4-star hotels, they will also develop 3-star hotels among other types to “expand the potential customer base to include those looking for more pocket-friendly Indonesia investment options.”