Chinese investors will build the first phase of the residential area in the City of Kinship Maja Lebak regency, Banten, with an investment of Rp 10 trillion.
"The construction of settlements Kinship City Maja (KKM) realized this year by involving investors from China," said Head of Physical Planning and Infrastructure Board (Bappeda) Lebak Joseph Muhammad Holis in Rangkasbitung, Friday (03/05/2013).
KKM settlement construction in the region is projected to be a buffer area of Jakarta, and it is very urgent to be realized this time, continue to hit Jakarta kemacetaan vehicles, in addition to the annual flooding disaster.
The existence of KKM is expected to be an alternative city, so residents are not concentrated to Jakarta. Current city master plan has been prepared by Maja Kinship involving various relevant ministries, including infrastructure, in the form of electric train routes Maja-Jakarta-Serpong.
"I think the operation of the electric train into the early stages of the formation of Maja Kekeraban Town neighborhood," he said.
KKM development investment is quite large and is estimated to cost Rp150 trillion investment. So far Chinese companies have expressed interest in investing in the KKM is the Metallurgical Corporation of China Ltd (MCC) is headquartered in Beijing. In fact, the company is ready to provide soft loan of U.S. $ 115 million for regional development in terms of gold.
The Chinese company is engaged in engineering and construction, equipment manufacturing, business development resources and the Development of the property.
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