PT Lippo Cikarang Tbk Offers Future Modes of Transportation for Newport Apartment in Eastern Corridor of Jakarta

Jakarta, 16th September 2016 – Rapid developments, both from increasing number of companies operating and number of people working in the East Jakarta Corridor, are developments we have been grateful for.

The East Jakarta Corridor (covering Bekasi, Karawang, Purwakarta up to Subang) has emerged as a new business area, that plays an important role in contributing to Indonesia’s macro economy.

In this regard, several infrastructure projects have been planned in the area, including Jakarta-Bandung High Speed Railway Project, Patimban Deep Seaport, Kertajati International Airport, to name a few, are good news that are welcomed.

As the market leader and trend-setter in the East Jakarta Corridor, Orange County, a project by Lippo Cikarang, has invited a number of local and foreign stakeholders to offer future transportation modes to expedite the transport from the Eastern corridor to Jakarta and surrounding cities.

“The existence of development plans of various infrastructure projects by itself will further enhance the accessibility to and from the East Jakarta Corridor, as well as further strengthen the economic base developed in this corridor,” said Toto Bartholomeus, President Director of PT Lippo Cikarang Tbk.

“Specifically in Bekasi, the development plan of various infrastructure projects will certainly give a huge impact to the seven industrial estates, with around 4,000 companies operating and 21,000 expatriates working in this region,” added Toto Bartholomeus.

“As the central hub of the East Jakarta Corridor, PT Lippo Cikarang Tbk will not only develop the masterpiece integrated development Orange County over ​​an area of 322 hectares, but will also support the development of state of the art facilities for investors and residents in Orange County, one of which is the Automated People Mover ( APM),” pointed out by Toto Bartholomeus.

This future transportation mode is designed to connect seven industrial estates in Bekasi that includes Orange County and Lippo Cikarang as an integrated township.

In its development plan, this new transportation mode is designed to have two lines, the North-South Line, as the first phase that will start from Cikarang train station in Jababeka to Orange County – Lippo Cikarang – East Jakarta Industrial Park (EJIP).

In the next phase, theWest-East Line, will stretch from the industrial estates in Bekasi to Karawang. Both lines will intersect in Orange County Lippo Cikarang.

In the future, the APM is planned to connect with the Cawang-East Bekasi Light Rail Transport (LRT) that provides more convenient access to and from the East Jakarta Corridor.

“The presence of future transportation modeis a solution that has been eagerly awaited by business players in the region. With these facilities, the economy in Bekasi, Karawang, Purwakarta to Subang, will certainly grow significantly in the future. This is one of the reasons why investors are interested with Newport Park, the new apartment tower in Orange County,” added Stanley Ang, Director/Chief Marketing Officer of PT Lippo Cikarang Tbk.

Newport Park is the 6th apartment tower in Orange County, continuing from the success of the 5 previous apartment towers that were 100% sold out.

Currently, Newport Park is selling refundable Priority Pass (“NUP”), at Rp 10 million per unit,entitling NUP holders to participate in the planned sales in October 2016.There are 1BR, 2BR and 3BR types with an area ranging from 31sqm to 97sqm. Monthly installments for a 1BR unit start from Rp 6 million.

Orange County is a masterpiece integrated development covering an area of ​​322 hectares with total investment of Rp 250 trillion with the concept of “The New California City” and will provide super complete 32-in-1 facilities.

The entire facilities consists of Sky Park, Lippo Mall (390,000 sqm), Luxurious Residential, Shopping Street, Lippo 61 Plaza, Lippo 5 star-hotel (200 rooms), Service Apartment, Lippo Tower Office Building, Sky Lounge, Roof Top Bar, Zu Private Membership Club, Convention Center (7,000 people), Dali Hotel (400 rooms), Fine Dining, CinemaxxMovie Theatre (10 studios), X-zone, Wellness Center, Grand Chapel (3,000 sqm), SOHO, Japanese Cultural Center, Korean Cultural Center, Senior Homes, Condotel, Green Belt Outdoor Recreation Area, Home Furnishing Center, Helicopter Service, Dormitory, SPH International, YPPH School, Pelita Harapan University, Japan College and Health City.

PT Lippo CikarangTbk is an urban development with a total area of over3.000 hectares with industry as its economic base. PT Lippo Cikarang Tbkhas managed to build morethan 14.000 homes, with a population of 47.700 residentsandon a daily basis around 448.000peopleworkingin 920 manufacturingcompaniesacrossthe Lippo Cikarang industrial area.

PT Lippo Cikarang is a subsidiary of PT Lippo Karawaci Tbk, Indonesia’s leading and largest listed property company by total assets and revenues, anchored by a large land bank and solid recurring income.

PT Lippo Karawaci Tbk’s business comprises residential/township, hospitals, retail malls, hotels and asset management.

 

For further information:

Dea Thamrin

Corporate Secretary, PT Lippo CIkarang Tbk

021-8972484/021-8972488

Hong Kah Jin

Director,

PT Lippo Cikarang Tbk

021-8972484/021-8972488

PRESS RELEASE 13 SEPTEMBER 2016

PT Lippo Cikarang Tbk Offers Future Modes of Transportation for Newport Apartment in Eastern Corridor of Jakarta

Jakarta, 16th September 2016 – Rapid developments, both from increasing number of companies operating and number of people working in the East Jakarta Corridor, are developments we have been grateful for.

The East Jakarta Corridor (covering Bekasi, Karawang, Purwakarta up to Subang) has emerged as a new business area, that plays an important role in contributing to Indonesia’s macro economy.

In this regard, several infrastructure projects have been planned in the area, including Jakarta-Bandung High Speed Railway Project, Patimban Deep Seaport, Kertajati International Airport, to name a few, are good news that are welcomed.

As the market leader and trend-setter in the East Jakarta Corridor, Orange County, a project by Lippo Cikarang, has invited a number of local and foreign stakeholders to offer future transportation modes to expedite the transport from the Eastern corridor to Jakarta and surrounding cities.

“The existence of development plans of various infrastructure projects by itself will further enhance the accessibility to and from the East Jakarta Corridor, as well as further strengthen the economic base developed in this corridor,” said Toto Bartholomeus, President Director of PT Lippo Cikarang Tbk.

“Specifically in Bekasi, the development plan of various infrastructure projects will certainly give a huge impact to the seven industrial estates, with around 4,000 companies operating and 21,000 expatriates working in this region,” added Toto Bartholomeus.

“As the central hub of the East Jakarta Corridor, PT Lippo Cikarang Tbk will not only develop the masterpiece integrated development Orange County over ​​an area of 322 hectares, but will also support the development of state of the art facilities for investors and residents in Orange County, one of which is the Automated People Mover ( APM),” pointed out by Toto Bartholomeus.

This future transportation mode is designed to connect seven industrial estates in Bekasi that includes Orange County and Lippo Cikarang as an integrated township.

In its development plan, this new transportation mode is designed to have two lines, the North-South Line, as the first phase that will start from Cikarang train station in Jababeka to Orange County – Lippo Cikarang – East Jakarta Industrial Park (EJIP).

In the next phase, theWest-East Line, will stretch from the industrial estates in Bekasi to Karawang. Both lines will intersect in Orange County Lippo Cikarang.

In the future, the APM is planned to connect with the Cawang-East Bekasi Light Rail Transport (LRT) that provides more convenient access to and from the East Jakarta Corridor.

“The presence of future transportation modeis a solution that has been eagerly awaited by business players in the region. With these facilities, the economy in Bekasi, Karawang, Purwakarta to Subang, will certainly grow significantly in the future. This is one of the reasons why investors are interested with Newport Park, the new apartment tower in Orange County,” added Stanley Ang, Director/Chief Marketing Officer of PT Lippo Cikarang Tbk.

Newport Park is the 6th apartment tower in Orange County, continuing from the success of the 5 previous apartment towers that were 100% sold out.

Currently, Newport Park is selling refundable Priority Pass (“NUP”), at Rp 10 million per unit,entitling NUP holders to participate in the planned sales in October 2016.There are 1BR, 2BR and 3BR types with an area ranging from 31sqm to 97sqm. Monthly installments for a 1BR unit start from Rp 6 million.

Orange County is a masterpiece integrated development covering an area of ​​322 hectares with total investment of Rp 250 trillion with the concept of “The New California City” and will provide super complete 32-in-1 facilities.

The entire facilities consists of Sky Park, Lippo Mall (390,000 sqm), Luxurious Residential, Shopping Street, Lippo 61 Plaza, Lippo 5 star-hotel (200 rooms), Service Apartment, Lippo Tower Office Building, Sky Lounge, Roof Top Bar, Zu Private Membership Club, Convention Center (7,000 people), Dali Hotel (400 rooms), Fine Dining, CinemaxxMovie Theatre (10 studios), X-zone, Wellness Center, Grand Chapel (3,000 sqm), SOHO, Japanese Cultural Center, Korean Cultural Center, Senior Homes, Condotel, Green Belt Outdoor Recreation Area, Home Furnishing Center, Helicopter Service, Dormitory, SPH International, YPPH School, Pelita Harapan University, Japan College and Health City.

PT Lippo CikarangTbk is an urban development with a total area of over3.000 hectares with industry as its economic base. PT Lippo Cikarang Tbkhas managed to build morethan 14.000 homes, with a population of 47.700 residentsandon a daily basis around 448.000peopleworkingin 920 manufacturingcompaniesacrossthe Lippo Cikarang industrial area.

PT Lippo Cikarang is a subsidiary of PT Lippo Karawaci Tbk, Indonesia’s leading and largest listed property company by total assets and revenues, anchored by a large land bank and solid recurring income.

PT Lippo Karawaci Tbk’s business comprises residential/township, hospitals, retail malls, hotels and asset management.

 

For further information:

Dea Thamrin

Corporate Secretary, PT Lippo CIkarang Tbk

021-8972484/021-8972488

Hong Kah Jin

Director,

PT Lippo Cikarang Tbk

021-8972484/021-8972488