JAKARTA (Indonesia Today) – PT Bukit Uluwatu Villa Tbk (BUVA) allocates Rp300 billion for investing on new hotel in Uluwatu, Bali in first half of this year.
The hotel, named Alila Uluwatu Villas The Cliff, is targeted to operate by early 2016. The company had secured Rp100 billion loan from Bank CIMB Niaga, delivers to its subsidiary, PT Bukit Nusa Harapan.
BIVA is also now building Alila hotel in Sudirman Central Business District (SCBD) in Jakarta, handled by its unit, PT Bukit Lantera Sejahtera.