PROJECT

Projects

Summary of Investment Information

Project Number

37122

Company Name

CIPUTRA RESIDENCE, PT

Date SPI Disclosed

Jan 14, 2016

Country

Indonesia

Region

East Asia and the Pacific

Projected Board Date

Feb 15, 2016

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Regional Industry - MAS Asia & Pac

Industry

Tourism, Retail and Property

Previous Events

Approved : Feb 29, 2016
Signed : Mar 11, 2016
Invested : Dec 14, 2016

Sector

Construction and Real Estate

Project Description

PT Ciputra Residence (“CR” or the “Company”) is a leading property development company in Indonesia. Its core business involves development of new neighborhood townships and ancillary facilities. The Company plans to further develop residential and commercial property projects in Java, Batam, Sumatra, Sulawesi and Kalimantan over the next few years (the “Project”).

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation