Lippo Karawaci

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Lippo Karawaci, Tbk.
Type Property/Public (JSX : LPKR)
Founded Mochtar Riady (1990)
Headquarters Flag of Indonesia Tangerang, Indonesia
Key people Flag of Indonesia Gouw Vi Ven, CEO
Revenue ▲ Rp 1,387.35 billion (Q3 2006)[1]
Net income ▲ Rp 227.54 billion (Q3 2006)[1]
Website [1]

PT. Lippo Karawaci Tbk. was first established as PT. Tunggal Reksakencana in 1990, as a subsidiary of Lippo Group, to build the Lippo Village (then Lippo Karawaci) township in Tangerang, west of Jakarta. Besides Lippo Karawaci, the Lippo Group has also developed the Lippo Cikarang township in Cikarang, east of Jakarta.

Lippo Karawaci is a planned community first developed in 1993. Previously a swamp area, today it has become the benchmark of Indonesia's "other" urban developments. Known for its clean environment and excellent infrastructure, Lippo Karawaci consist of three main residential areas and a commercial district. Supermal Karawaci (previously Lippo Supermal), located at the heart of the commercial district, was the largest shopping centre in west of Jakarta when it opened in 1996. The township itself has a direct highway exit and scheduled in-town (and inter-town) buses.

Sekolah Pelita Harapan and University of Pelita Harapan were founded (and are located) in Lippo Karawaci. The township also hosts Siloam Hospital (previously Siloam Gleneagles Hospital), a four star Imperial Aryaduta Hotel and a championship Imperial Golf Club.

The apartment complex Amartapura, which is located in the township, consist of a 55 story and 35 story tower. Most Lippo companies are headquartered in Lippo Karawaci including AIG Life, Matahari Department Store and Supermarket, Multipolar Corporation, LippoBank, Kabelvision and Lippo General Insurance.

The area is also home to many businesses run by Korean expatriates in Indonesia.[2]

[edit] References

  1. ^ Cite error: Invalid <ref> tag; no text was provided for refs named factsheet
  2. ^ Nurbianto, Bambang. "Koreans made to feel at home in their village in Karawaci", The Jakarta Post. Retrieved on 2007-05-14. 

[edit] External links

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