Close
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 · Bali to Face Tough Competition from Lombok
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

Bali to Face Tough Competition from Lombok

New Airport and Major Tourism Development in Lombok May Raise the Bar in Competition for Future Tourists Arrivals.


Bali News: Bali to Face Tough Competition from Lombok
Click Image to Enlarge

(5/18/2008)

An article in Nusa Bali has spotlighted growing concerns that a tourism mega-project on the nearby island of Lombok, currently being developed by the Bali Tourism Development Corporation (BTDC), may represent strong future competition to Bali.

Located in the southern part of the island, the Lombok project is being financed by an U.A.E. company, Emaar Properties at an estimated project cost of US$600 million.

'Become a Tourism Destination Like Bali'

Emaar Properties' commitment to developing business links in Indonesia is evidenced by the recent opening of a representative office in Jakarta, established to help the U.A.E. investors identify wider business opportunities in Indonesia. At an opening ceremony of the Jakarta office, the Chairman of Emaar Properties, Mohamed Ali Alabbar, told the press: "the representative Emaar Properties office in Jakarta will allow our company to identify new growth opportunities in Indonesia. It will also ensure that our Lombok project stays on schedule and realize its potential to become a tourism destination like Bali."

Emaar Properties is one of the largest real estate companies in the world and listed on the Dow Jones Arabia Titans Index.

The Lombok Project will cover an area of 1,175 hectares located on Lombok's Kuta Beach and consume a stretch of 17 kilometers of beach front. The project will include a marina, luxury private accommodation and 5-star resorts.

Emaar Properties Group

The portfolio of the Emaar Properties Group includes projects in a number of nations including the U.A.E., Saudi Arabia, Jordan, Syria, Lebanon, Morocco, Turkey, Libya, Algeria, India, Pakistan, the U.S.A., Great Britain, France, Canada and Indonesia. The company is a 30% shareholder in the Dubai Bank and the largest shareholder in Amlak Finance, the largest lender for Islamic housing in the United Arab Emirates.

The President Director of the BTDC, I Made Mandra, confirmed plans to develop the Lombok site in cooperation with Emaar Properties and that an extensive feasibility study is now underway prior to a formal commencement of the project in late 2008 or early 2009.

Lombok as Indonesia's New Major Gateway

Mandra projects that the Lombok project will begin welcoming guests in three year's time to a collection of 5-star properties and deluxe villas with a main market focus on tourists from the Middle East. With the opening of Lombok's new airport at Penujak in Central Lombok, guests will be able to fly directly to Lombok.

The first phase of the Lombok project site calls for the construction of two 5-star hotels and a number of villas. Further development of the Lombok site, which is 4 times larger than the Bali BTDC site, will take place in the coming ten to twenty years as market conditions permit. Madra dismisses concerns that Bali could eventually lose market share to Lombok because of the new project, insisting that each island possesses its own unique charm and distinctive culture.

Once Lombok's new Penujak International Airport is opened it will boast a runway 4,500 meters long and able to accommodate the latest generation of jumbo jets. Bali's Ngurah Rai International Airport, on the other hand, is only 3,000 meters long with plans to extend the runway thwarted by a variety of environmental and cultural issues.


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


 
UBUD WRITERS & READERS FESTIVAL
 
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
Weíre Going to Change the World!
Young People Invited to Joining Baliís Global Initiatives Networking Conference at Canggu Community School October 3-5, 2014
(9/20/2014)
Flying High and Fancy with Garuda
Garuda Indonesia Named as Best Passenger Experience in Asia Pacific Region
(9/20/2014)
Chicago Lovers Come Clean in Bali
Bali Police Say Tommy Schaefer and Heather Mack Confess to Roles in Murder of Chicago Socialite Sheila von Weise Mack
(9/20/2014)
Factory Direct
Bali Police Raid Two Narcotics Factories in Denpasar and Buleleng
(9/20/2014)
Cleared for More Landing?
Deputy-Governor of Bali Calls for Extra Runway at Islandís Airport
(9/20/2014)
Longer Hauls; Lower Fares
Indonesia AirAsia Targets Offering Long-Haul Low-Cost Flights to Australia by End of 2014
(9/20/2014)
An Enigma of Non-Arrival
Nobel Laureate V.S. Naipual Removed from Program for 11th Ubud Writers and Readers Festival
(9/20/2014)
Happy Landings Galore
Operator of Baliís New Airport Claims it to be the Most Beautiful in the World
(9/20/2014)
When the Past is Pasta
Uma Cucina at Uma by Como Ubud Celebrates its First Anniversary with Three Italian Culinary Events
(9/20/2014)
They Have to be Carefully Taught
Bali Officials from Badung Regency Allow Illegal Villas in North Kuta to Continue Operations
(9/20/2014)
Is the Under Over?
Plans for Pedestrian Underpass at Ngurah Rai Statue Park Now in Doubt
(9/20/2014)
Merpati at an Impasse
Out of Cash with No Assets Left to Sell,ia Merpati Airlines Beyond Redemption?
(9/20/2014)
All [News]!
 
Tourism and Transport Tourism Agents