Ciputra Build Hospital in Citra Raya
Real Estate June 25th, 2010
PT Ciputra Development Tbk (CTRA) will build a hospital in Tangerang area. hospital that is named RS Citra Raya swallowed investment of Rp 100 billion. Project investment funds will be taken from the company’s internal cash amounting to Rp 50 billion. While the rest will be from the banking pinjamanan.
“We already have several Indonesian banks that offer loans but we have not decided,” said Director CTRA Tulus Santosa, in public exposure in Jakarta, Monday (17 / 5). Moreover, according to Tulus, internal cash company was still sufficient for this project. “Internal cash we reach USD 2 trillion,” he said.
In addition CTRA capital expenditure in this year reached Rp 1.5 trillion, with details of Rp 800 billion for Ciputra Property, Rp 500 billion for Ciputra Surya and the rest for Ciputra Development. CTRA will begin running in three feet of the project both in 2010 and will be expected to be completed next semester in 2011. This project alone will take an area of 1.2 hectares with a capacity of 120 rooms to rooms.
