Bakrieland...more and more...

PT Bakrieland Development Tbk prepare acquisitions of two to three property projects with a value of the project area is estimated at Rp500 billion and Rp750 billion.

A number of property projects area of 20 ha to 100 ha in Java and outside Java, the developer was to be explored with the cooperation of the business acquired with developer partners in the region.

President director PT Bakrieland Development Tbk Hiramsyah S. Thaib said it continues to be interested in the new expansion to the region to develop property and real estate projects in the flag Bakrieland Group.

"There is a desire to acquire two or three property projects in the region this year. Value of the project vary between Rp200 billion to Rp300 billion," he said in the economic outlook seminars, property and banking in 2010 in Jakarta, today.

It's just not willing to mention Hiramsyah anywhere explored areas for new project acquisitions.

According to him, interest in expanding into the area based on the belief that the prospects for demand and real estate properties in the area getting better.

That, he continued, against the backdrop of the distribution of economic development that began evenly to the area, especially a number of areas that have natural resources have a strong and plantation area.

"The increase in the regional economy is the strong foundation for us to enter into a number of areas. Projects in the region has good prospects for short-term and long-term development of our business."

In addition, the president director of Bakrieland Development was telling his side can get the target's revenue from the toll road business Rp200 billion this year, immediately following the operation of their first toll project, Kanci-Pejagan on January 26.

"In addition to strengthening the real estate and property business, we also grew steadily in the toll road business. We'll take five new toll road projects for our work on after-Pejagan Kanci operate," he said.

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