February 12, 2014 / 1:21 AM / 4 years ago

INDONESIA PRESS-Sentul City to develop 4 CBDs in Bogor-Investor Daily

Property developer PT Sentul City plans to build three to four new central business districts in Bogor, with an initial investment of 3 trillion rupiah ($247.02 million), said co-executive Andrian Budi Utama.

The firm plans to develop apartments, condotels, hotels, office buildings, shopping malls and amusement centres. Sentul City currently owns a 30-hectare plot in Sentul, Bogor, and will develop the first phase on an 8-hectare site. (Investor Daily)

Note: Reuters has not verified this story and does not vouch for its accuracy.

$1 = 12145 rupiah Compiled by Jakarta Newsroom; Editing by Sunil Nair

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