Signing Of LUDA LOT ACTA-1, The Mandalika

Dok/ITDC

Signing Of LUDA LOT ACTA-1, The Mandalika

Thursday, 16 Jan 2025

PT Indonesia Tourism Development Corporation (ITDC) signed a Land Utilization and Development Agreement (LUDA) with PT Kenza Hospitality Investments in Nusa Dua, Bali. PT Kenza Hospitality Investments is a Moroccan investment company that will collaborate on developing a Beach House in The Mandalika area. They previously established a strategic partnership for Lot MKC1 in The Mandalika, which is now nearing the end of construction and is expected to start operations in the first half of 2025.

The Mandalika is strengthening its position as a top destination for both domestic and international investors, serving as an investment magnet in the Special Economic Zone (KEK) with various incentives offered. This success is highlighted by the signing of the LUDA for Lot ACTA-1, which took place today, Tuesday, January 14, in The Nusa Dua, Bali.

Troy Warokka, ITDC's Commercial Director, stated, “The signing of the LUDA for Lot ATCA-1 confirms that The Mandalika remains a top choice for both domestic and international investors. ITDC is committed to promoting the development of this area, ensuring a positive and sustainable impact on the community and environment. The trust from strategic partners like PT Kenza Hospitality Investments motivates us to continue developing The Mandalika as a world-class destination.”

Development of Lot ATCA-1 in Tanjung Aan

Building on the success of Lot MKC1, PT Kenza Hospitality Investments is expanding its investment by developing Lot ATCA-1, located in the strategic Tanjung Aan area of Mandalika, covering 4,510 m². This area will be transformed into a Beach House, a luxury beach club offering a unique seaside experience. The Beach House concept will blend natural beauty, local cultural authenticity, craftsmanship, and the warm hospitality of Lombok, creating an unforgettable experience for every visitor.

Market Target for Beach House

The Beach House at Lot ACTA-1 is designed to attract various market segments, including:

? Domestic and international travelers seeking an exclusive dining and relaxation experience.

? Couples and families looking for a mix of relaxation and exciting activities.

? Health-conscious individuals interested in yoga, spa treatments, and holistic retreats.

? Fans of water sports and outdoor adventure activities.

Positive Impact on the Area and Local Economy

The development of Lot ACTA-1 is expected to significantly strengthen The Mandalika's position as a premium tourist destination and enhance its appeal as a competitive investment area. Additionally, this project will create new business opportunities and jobs for the local community, supporting sustainable economic growth in the region.

The Mandalika continues to innovate to provide unique experiences that blend natural beauty, local culture, and profitable business opportunities, making it a top choice for investors and tourists.

"This collaboration proves that The Mandalika is a promising investment location for both domestic and international investors. ITDC is committed to further developing this area, ensuring lasting positive impacts, and maintaining the trust of all strategic partners," concluded Troy.

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