LOMBOK

THE GEM

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Key Facts:

In the 12-month period before the COVID-19 pandemic grounded international flights around the world, Lombok received a million tourists and recorded 20% year-on-year growth. Arief Yahya, Indonesia’s Minister of Tourism, considers Lombok to have the fastest growing tourism market in the region and development has quickened in recent years courtesy of a new international airport catering to overseas visitors from Australia, Malaysia and Singapore. Various private and government-backed resort projects have opened for business, while more are in the pipeline. Lombok offers a rare chance for investors to buy into a market that is on a steep upward curve, yet remains accessibly priced. And with much of the land largely undeveloped, the only limitation is your imagination.

Mandalika Project

THE GREEN FUTURE
The development of the US$3billion Mandalika Resort in Kuta Bay, South Lombok, is a major driver in increasing land values. Mixing natural beauty with cultural authenticity and international attractions, Mandalika promises to to become one of Indonesia's most popular tourist destinations in the coming years. A vast expanse of tourism-related mixed-use facilities ranging from resorts to golf course, motorsports to theme parks, Mandalika is positioned as an ecotourism destination. Actively incorporating environmentally friendly technologies such as solar farms and SWRO plants, it has also committed to retaining more than 51% of its +1000 hectares as dedicated “green space”.
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Window of Opportunity

In recent years, the Indonesian government has realised Lombok’s huge potential and started to promote the island as one of the country’s primary tourist destinations. Its US$3 billion Mandalika Project promises to be the jewel in the crown, but the provincial government has also been actively introducing tourism projects and promotional activities to attract more visitors.

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