LAGOI BAY BINTAN – WHY INVEST?
WHY INVEST?
Bintan Resorts has the rare luxury of being high on natural beauty and ‘infrastructure-ready’, at the same
time. We are ready-to-go with water, power, security, telecommunications and roads. Investors can work with us immediately to develop their dream resort, villas, retail or recreational outlets. Bintan Resorts also has 20 years of experience in masterplanning and providing infrastructure support and that wealth of experience can help investors minimise their execution risk.
INVEST IN LAGOI BAY, BINTAN RESORTS
Bintan Resorts is known for its world-class infrastructure. It attracts almost half a million tourists each year making it an established market. Lagoi Bay naturally enjoys many competitive advantages that make it an attractive investment proposition.
KEY INVESTMENT HIGHLIGHTS
Excellent location with strong Government support Lagoi Bay is located in the heart of South East Asia, with close proximity to Singapore. The destination can be reached via Singapore, which is only a 45-minute ferry ride away, as well as via two domestic airports, one of which is located in Tanjung Pinang on Bintan Island itself and the other on the nearby Batam Island.
In 2010, Singapore enticed 11.6 million visitors and the number is expected to grow to 17 million by 2015. Singapore Tourism Board (STB) is promoting Singapore and Bintan Resorts as a ‘twin holiday destination’ that combines city life and tropical beach getaway. The Indonesian Government has promoted tourism investment in Bintan by granting the development a Free Trade Zone status.
(Exemption from Import/Export Duty, Value Added Tax (VAT), Sales Tax on Luxurious Goods and Customs according to UU No 4 tahun 2007 and PP 47 tahun 2007.
ESTABLISHED INTERNATIONAL RESORT DESTINATION WITH WORLD-CLASS INFRASTRUCTURE
Bintan Resorts attracted 433,764 visitors in year 2010. Arrivals have been increasing at a healthy rate over the years. More importantly, besides Singaporeans, native Indonesians and visitors from China, Korea, Japan, India, and Australia have contributed to the growing popularity of Bintan Resorts globally.
STRONG PRINCIPAL INVESTOR AND SIGNIFICANT ALIGNMENT OF INTEREST
Gallant Venture Ltd, through its subsidiary, PT Bintan Resorts Cakrawala (BRC) is the owner,
masterplanner and manager of Bintan Resorts development. As the Principal Investor in Bintan
Resorts, Gallant Venture Ltd will work closely with other investors to successfully develop Lagoi Bay. Lagoi Bay already has in place a world-class infrastructure, masterplanning inputs, telecommunications network, water and power supplies.
INTEGRATED SIZEABLE DEVELOPMENT WHICH WOULD BE THE FUTURE HUB OF BINTAN RESORTS
Lagoi Bay development will comprise resorts, residences, medical centres, retail and a variety of
food and beverage, sea sports and entertainment facilities. Located in the middle of existing resorts
to its East and West, Lagoi Bay will be the main hub of activity in Bintan Resorts. Lagoi Beach Village, a resort village and market is expected to become Bintan Resorts’ popular rendezvous.
SIGNIFICANTLY REDUCED INVESTMENT RISK
An investment in the Lagoi Bay project has a substantially reduced risk profile due to the
following factors:
. Long tenure land title: Hak Guna Bangunan (HGB) title is effectively a lease-hold in
perpetuity. The title is transferrable. The title can also be pledged as collateral security for
bank financing.
. Improved real estate investment environment: Helped by political reforms the risk profile of Indonesian real estate has significantly improved. Indonesia’s Real Estate Transparency Index is now on par with
countries such as Thailand, Philippines, South Korea, and India.
. Strong Principal Investor: Gallant Venture Ltd has two decades of operating experience, strategic relationships, proven strengths in masterplan design and land use planning along with a track record of forging successful partnerships with leading hospitality brands.
. Well-established hospitality market: Bintan Resorts is a well-established resort destination backed by strong growth drivers and significant Government support. Bintan Resorts has an operating history of more than 15 years and with the presence of renowned hospitality brands and integrated complementary facilities, it is a highly recognised resort destination in South East Asia.
Bintan investment fundamentals provide attractive ROI – close proximity to Singapore, world-class planning & infrastructure & strong government support. Bintan Resorts is a sustainable tourism-led economy. Find out about this ambitious collaborative project between the governments of Singapore & Indonesia.
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Bintan investment fundamentals provide attractive ROI – close proximity to Singapore, world-class planning & infrastructure & strong government support. Bintan Resorts is a sustainable tourism-led economy. Find out about this ambitious collaborative project between the governments of Singapore & Indonesia.
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