Indonesian tycoons are creating a new $16 billion city, PIK 2, in North Jakarta to enhance tourism and boost the local economy with various amenities.
The developers, PT Pantai Indah Kapuk Dua, aim to transform a former poverty-stricken area into an upscale destination featuring a safari, motor racetrack, and a potential theme park.
Collaborating with Chinese and Singaporean partners, the development's success hinges on global economic conditions, demonstrating a cautious approach despite ambitious goals for future growth.
The new city is strategically located near Soekarno-Hatta International Airport, ensuring accessibility and attracting both local and international tourists to the planned attractions.
Collection
[
|
...
]