BATAM, Indonesia, Aug. 21 /PRNewswire-Asia/ -- PT Grand Uway Development held a groundbreaking ceremony on August 20, 2009 to mark the commencement of the construction of Grand Quarter, an integrated business and recreation area, in Batam.
This Ground Breaking ceremony signifies the start of Grand Quarter construction. As a first step in construction, PT Grand Uway Development as developer of Grand Quarter has appointed PT Pratama Widya as contractors to build the first stage of Grand Quarter's building foundation. Pratama Widya has set a target for the foundation to be completed within 5 months time or around January 2010. Grand Quarter has total investment value of US$ 120 million, with first phase investment value of US$ 50 million.
As contractors, Pratama Widya has been favorably known among Indonesian property developers since 1980. Pratama Widya started out as highly respected land consultants and has grown to be known as Ground Mechanic structural expert contractors. Pratama Widya's proof of expertise can be seen in its many branches in various areas in Indonesia, such as Batam, Medan, Lampung, Pekanbaru, Surabaya, Bali, Balikpapan, Pontianak, Makassar, and Manadao. The latest project handled by Pratama Widya is Luxurious Apartment, Bayerin Apartment in Harbour Bay. Partnering with an experienced contractor, we are confident the project will be completed on schedule," says Totonafo Lase, Chief Operation Officer Grand Quarter.
Located in Batam, Grand Quarter is poised as the city's high-end luxury project. Grand Quarter, consisting of condotel, apartment, waterpark, convention center, club house, sports mall and lifestyle center, stands on 15 ha. of land. All the facilities will be located in one area that integrates business, lifestyle and entertainment.
Grand Quarter also meets MICE needs in Batam, as this area will house a convention center capable of accommodating 3000 guests. This multifunction convention center will be a facility in which nationally and internationally scaled event will held.
Consisting of 11 floors and 280 rooms, Grand Quarter Condotel is equipped with helipad, ensuring the safety of VIP/VVIP guests. Next to the condotel will be built an internationally-standard waterpark complete with water rides that will raise your adrenaline level. "The waterpark will be the premier family recreation destination in Batam," states Totonafo.
Batam is one of the most visited cities in Indonesia, second only after Bali. Every day no less than 3.300 visitors come to this city. Some come for business, some to holiday, and others make Batam a transit port before continuing their journey to other destination cities in Indonesia. A cross-cultural hub and potential economic activity area, considering Batam's status as Free Trade Zone "FTZ", presents plenty of opportunities ripe for the taking. The growth of Investment in tourism in Batam reaches around 16% from total private investment, which is valued at (more or less) 800 million USD. Therefore, Departmental of Culture and Tourism Republic of Indonesia have determine Batam as a MICE (meeting, incentive, convention, exhibition) destination.
For further information, please contact:
PT Grand Uway Development
Totonafo Lase
Email: totonafo@grandquarter.com
Tel: +62-81-680-5660
Web: http://www.grandquarter.com
