"It`s going to be big, and we`ll let you know the details once the time is right," the CEO of Crown Group Iwan Sunito commented on Crown Group`s investment.Jakarta (ANTARA News) - Crown Group, a property holding company based in Sydney, Australia, has invested 100 trillion rupiah in Jakarta.
At a press conference in Jakarta Convention Centre (JCC) on Tuesday, the CEO of Crown Group Iwan Sunito said the company would invest gradually. One of Crown Group`s projects is expected to commence by the end of this year.
"It`s going to be big, and we`ll let you know the details once the time is right," he commented on Crown Group`s 100 trillion rupiah investment in Indonesia.
"There are currently four negotiation projects with Crown Group`s partner," he said.
Iwan Sunito, from Surabaya, East Java, is an entrepreneur with specialization in property development in Australia.
He came back to Indonesia to participate in the Congress of Indonesian Diaspora II, held in Jakarta from August 18 to 20, 2013.
Regarding his investments in Jakarta, Iwan said Jakarta market is booming.
Iwan is one of Australia`s most experienced property professionals, who looks into the design, development, sales, and marketing for Crown Group.(*)
Editor: Heru Purwanto
Copyright © ANTARA 2013