Deal #7397

Indonesia
Created at
2019-11-05
Last update
2021-10-03
Last full update
2021-10-03

Land area

Intended size
1 800 ha
Size under contract (leased or purchased area)
  • [2015-01-01, current] 1000.0 ha
Size in operation (production)
  • [2018-06-01, current] 873.0 ha

Intention of investment

Intention of investment
  • [2003-01-01, current] Other (1800.0 ha)
Comment on intention of investment
Airport

Negotiation status

Negotiation status
  • [2018-01-01, current] Concluded (Contract signed)

Implementation status

Implementation status
  • [2018-05-24, current] In operation (production)
Comment on implementation status
It was inaugurated May 2018 but is under performing as of May 2019, it was agreed that all flights from Bandung to airports outside Java would be relocated in Kertaji Airport. On February 23, 2021 cargo flights started operating in the airport.

Purchase price

Purchase price
4 000 000 000
Rp
per ha
Comment on purchase price
in 2003 the price was Rp. 25,000 per meter. In 2013 until 2018 the price was Rp. 400,000 per meter. now the price is up to Rp1 million per meter at 2018

Contract farming

Contract farming
No