Spanish Investor Set to Invest IDR 55 Billion in The Mandalika Area
2026-09-23
Wednesday, 23 September 2026 The Mandalika area in Lombok is attracting another international investor. This time, a Spanish-linked investor is preparing to develop a villa project with a total investment of around IDR 55 billion. The project is planned in The Mandalika Special Economic Zone (SEZ), one of Indonesia’s major tourism development areas in Central Lombok. The investment agreement was marked by the signing of a Land Utilization and Development Agreement, or LUDA, between InJourney Tourism Development Corporation (ITDC) and PT Sapo Development Lombok in January 2026. So, what exactly will be built? The plan is to develop 80 villasRead More →
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