{"id":7539,"date":"2017-12-19T14:05:27","date_gmt":"2017-12-19T14:05:27","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/lippos-big-vision-comes-to-life-with-meikarta\/"},"modified":"2017-12-19T14:05:27","modified_gmt":"2017-12-19T14:05:27","slug":"lippos-big-vision-comes-to-life-with-meikarta","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/lippos-big-vision-comes-to-life-with-meikarta\/","title":{"rendered":"Lippo\u2019s big vision comes to life with Meikarta"},"content":{"rendered":"

\n<\/p>\n

\"\"<\/p>\n

I Want to See Ocean in the Desert<\/p>\n<\/div>\n

In 2009, the construction of a planned city – Eko Atlantic – to be situated right on the edge of the Atlantic Ocean was announced in Lagos. The construction was thought of as an antidote that would proffer solutions to the major problems of the ever-burgeoning megacity that Lagos is.<\/p>\n

The city was planned to create 250,000 jobs, combat acute housing<\/a> shortage and, perhaps, cement Lagos’ prime position as the financial hub of West Africa. But in 2017, much is yet to be accomplished in the city standing on 10 million square metres of land reclaimed from the ocean.<\/p>\n

Dubbed \u201cShenzhen of Indonesia\u201d, the project will include partnerships with Japan\u2019s Mitsubishi Group, Toyota and Sanko Soflan Holdings Co Ltd. Lippo is financing<\/a> the project with its own capital, loans<\/a>, and pre-sales of properties in the project.<\/p>\n

The township phase of the planned city is expected to be completed in five years and will house about 1 million people, Wijaya said.<\/p>\n

As at September, 32,000 fixed units\u2019 buyers have been secured while some 130,000 people paid booking<\/a> fees, Lippo Group CEO James Riady said in Jakarta on September 11.<\/p>\n

\u201cThe rest are currently undergoing \u2018the closing phase\u2019 to finalize their purchases,\u201d he said on the sidelines of the 2017 BTN Golden Property Awards, where Meikarta won an award in the Breakthrough Phenomenal Campaign category.<\/p>\n

\u201cWe hope all apartment purchases can be sealed within the next two months,\u201d he added.<\/p>\n

Like Eko Atlantic in Lagos, Nigeria, job creation is central to the construction of Meikarta with about 70,000 persons already employed. More people are expected to get jobs as the construction progresses and after its completion.<\/p>\n

\u201cWe foresee that the future of the Indonesian economy is on the outskirts of Jakarta. Together with the government\u2019s massive infrastructure development plans \u2014 which aim to connect the capital with the greater Jakarta area \u2014 we believe our project can create jobs for at least 6 to 8 million people in the near future,\u201d James Riady told the media in May.<\/p>\n

Beyond the economic impacts Meikarta is expected to create, residents, in the long run, will have a better quality of life in an eco-friendly<\/a> environment that has low air pollution due to reduced vehicular movements, Wijaya noted.<\/p>\n

“With Meikarta, we provide all kinds of a better life…a better quality of life,” he said adding that “you don\u2019t contribute to the pollutions of the world because you don\u2019t have to use your car.”<\/p>\n

Guardian <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

I Want to See Ocean in the Desert In 2009, the construction of a planned city … Lippo\u2019s big vision comes to life with Meikarta<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":7540,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[519,1403,15239,2890,1399,617,344,684,604,522,41,15296],"class_list":["post-7539","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-africa","tag-buy","tag-chase","tag-construction","tag-development","tag-house","tag-housing","tag-lagos","tag-loans","tag-nigeria","tag-property","tag-target"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":5348,"url":"https:\/\/amazingproperty.com.ng\/blog\/azuri-peninsula-is-a-premium-long-term-development\/","url_meta":{"origin":7539,"position":0},"title":"Azuri Peninsula is a premium long term development","author":"Amazing Property","date":"July 18, 2017","format":false,"excerpt":"Eko Atlantic City constitutes elements of an audacious urban development project. 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