JAKARTA. PT Astra International Tbk (ASII) has officially opened its seventh business line, namely property business under the official name of Astra International Property or Astra Property. Astra Property is likely to be serious to develop the property business, as the company will invest a worth of Rp 23 trillion on property project. Chief of Astra Property ASII David Iman Santosa said the project includes a 70 hectare of mixed use area in Cakung, East Jakarta. “The Rp 23 trillion investment will be allocated for a 15-20 years investment. So it will not allocated at the same time in the early period of project”, David said.
Astra Property, the new property imperium
JAKARTA. PT Astra International Tbk (ASII) has officially opened its seventh business line, namely property business under the official name of Astra International Property or Astra Property. Astra Property is likely to be serious to develop the property business, as the company will invest a worth of Rp 23 trillion on property project. Chief of Astra Property ASII David Iman Santosa said the project includes a 70 hectare of mixed use area in Cakung, East Jakarta. “The Rp 23 trillion investment will be allocated for a 15-20 years investment. So it will not allocated at the same time in the early period of project”, David said.