Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · GWK Dispute Nearing Settlement?
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
Bali Update
Subscribe to our free weekly newsletter!
 
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
 
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

GWK Dispute Nearing Settlement?

Agreement May Clear the Way for Planned 2008 Completion of Garuda Wisnu Kencana Monument.


Bali News:
Click Image to Enlarge

(5/22/2006)

A prolonged struggle between two Indonesian companies seeking management control of the Garuda Wisnu Kencana (GWK) Cultural Park appears to becoming to a peaceful end with the announcement that PT Garuda Adimarta Indonesia (GAIN) and PT Bukit Indah Ungasan (BIU) are preparing to sign a memorandum of understanding ending the dispute.

As reported in the Indonesian-language Bisnis Bali, Putu Suindia, President Director of BIU, stated on May 18th that "in the coming week we will draft the clause settling the dispute over the management of GWK." According to Suindia, GAIN has acknowledged the rights of BIU with both parties resolving to work together to held realize the GWK project.

Blaming the past dispute on miscommunication, Suindia added, "we have agreed to put aside past mistakes and begin a new chapter (in our relationship)." Both GAIN and BIU have agreed to withdraw all police complaints made over the past 10 months.

While the actual terms of the settlement have not been made public, both parties have reportedly resolved to move ahead with plans to complete the GWK statue and cultural park. Started in 1994, an estimated 15% of the 250 hectare project and planned 146 meter high monument has been completed.

Meanwhile the President Director of GAIN, Nengah Nukerta, said he hope that news reports that were not conducive to the new cooperation would cease. "We hope that the monument which will become the pride of Bali is quickly completed," said Nukerta.

The GWK’s centrepiece will be a colossal monument standing 146 meters high and some 286 meters above sea level. With a foundation structure the equivalent of a 16-storey building, the total statue is estimated to eventually weigh 2,000 tons when completed and will resemble the imagery of the Hindu epic hero Lord Wisnu sitting stop the back of the mythical Garuda bird. The wing span of the Garuda bird will be an impressive 60 meters.

The 250 hectare project will include the monument plaza, an international trade and promotion center, landscaped gardens, a festival and water park, a 5,000 person capacity convention center, a resort complex, and a residential complex.


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.

       

 
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!



Our [Privacy Statement] explains how we handle the data you are providing.

 
Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!




or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
A Gas Attack?
Explosive Sewage System at Paragon Hotel in Jimbaran Sends two Staff Members to Hospital
(6/25/2016)
India Calling
Bali Calls for Direct Flights Between India and Bali
(6/24/2016)
RIP: Raymond Maurice Butler 1952-2016
Ray Butler, Bali Hotel Veteran Dies from Prolonged Illness at Siloam Hospital
(6/24/2016)
Keeping the Islamic New Year Safe
Bali Boosts Security for Idul Fitri Holiday Rush
(6/24/2016)
Bali Bounces Bogans Back to Base
Badly Behaving Drunken Perth, Australia Man Deported from Bali Just 24-Hours After Arrival
(6/24/2016)
LOT Polish Now Flies to Bali
Twice-Weekly Warsaw to Bali Flights on LOT Polish Airlines Commence Service to Bali
(6/24/2016)
Misinformation as a Virus
Bali Hotel Association Brands Australian Government and Australian Media Statements on Zika Virus as “Hype”
(6/24/2016)
Home for the Holidays
Bali’s Ngurah Rai Airport Adding Additional Flights for Idul Fitri Holidays
(6/24/2016)
Quest No More
Woman Commits Suicide by Leaping from Quest Hotel in Kuta
(6/24/2016)
A Rockin’ Middle Age
Hard Rock Hotel Bali Celebrates Founder’s Day With Beach Clean Up & Turtle Release
(6/24/2016)
They Shall Not be Moved
ForBali Protestors Stage Another Mass Demonstration Against Reclamation of Benoa Bay, Vowing Recent Physical Attacks Will not Deter their Protests
(6/19/2016)
Garuda Doodle Dandy
Garuda Indonesia Plans to Fly to USA in 2017
(6/19/2016)
All [News]!