PT Jasa Marga Tbk, through its subsidiary PT Jasamarga Japek Selatan (JJS) reported that the progress of  South Japek II Section 3 (Tamanmekar-Sadang) as of January 2022, has reached 60.82%. By the end of 2021, JJS has realized Rp 3.95 trillion in capital expenditure on the South Japek II project. [read more]

PT Puri Wahid Pratama, the owner of Cibinong City Mall (CCM) has appointed PT Adhi Persada Gedung (APG) as the main contractor to construct the CCM 2 project, specifically on its structure, architecture and piping. Cibinong City Mall 2 is designed to have five stories with the total of 50,000 square... [read more]

The Central Bank of Indonesia (BI) estimated the national economy average growth this year in the 5.1%-5.2% range. This estimation is higher than last year’s estimation which reached 3.6%. The economic growth in 2021 was recorded in the 3.4% and 4% range with the average of 3.6%. [read more]

The Greater Jakarta Light Rapid Transit is aimed to start its operation in August 2022. As a whole, the project has progressed by 88.69% as of 31 December 2021. The project will operate by adopting the Communication Based Train Control/CBTC with GoA level 3. The total investment of the project, whic... [read more]

In 2022, Paramount Land will launch two commercial products in Gading Serpong area named Maggiore Grande and Maggiore Square phase two. Both are commercial areas adopt mixed-commercial center concept aimed to be a new business and hangout destination in Gading Serpong. Maggiore Square phase two comp... [read more]