Bin Zayed International LLC, a prominent investor from Dubai, United Arab Emirates, is set to add another jewel to its investment portfolio with the construction of an international-standard 27-hole golf course designed by none other than the legendary golfer Tiger Woods.
"We are excited to announce our plans to develop a stunning golf course on the beautiful hills of Mandalika," stated the Managing Director of Bin Zayed International, Syaikh Midad, in a recent statement. The company also intends to build a state-of-the-art hotel and convention center in the area, creating numerous job opportunities for locals and providing a much-needed boost to the economy.
Bin Zayed International conducted extensive research and analysis in partnership with local partners in Praya, Central Lombok, before identifying the Mandalika area as a perfect location for the project. The company's commitment to investing in the region is a testament to the growing interest of international investors in the area's potential.
The construction of the golf course, hotel, and convention center will significantly contribute to the development of Mandalika and increase tourism in the area, attracting a new clientele of golf enthusiasts and luxury travelers. The project is expected to be a game-changer for the region, drawing more visitors to the area and boosting the local economy.
Furthermore, Abdulbar A Mansyoer, Director of ITDC, expressed his optimism and support for the investment, given the rapid development of ITDC, especially after the presence of the Mandalika Circuit. "This will be a signature golf course with 27 holes because it was designed by a legendary golfer and is the best golf course in Indonesia," he said.
Bin Zayed International, owned by Sheikh Mohammed bin Zayed al Nahyan, the third son of Khalifa bin Zayed Al Nahyan, a wealthy royal family from the largest oil field in the Middle East, is a highly respected investor in global markets. According to Forbes Magazine, his wealth is valued at IDR 205 trillion, and he manages the state fund The Abu Dhabi Investment Authority, which has assets of IDR 11,353 trillion. The company has also been rumored to have invested in the construction of Indonesia's new capital city.
The signing of the project was attended by Governor DR Zulkieflimaslnsyah, Deputy Minister II of BUMN, Chairman of the Indonesian People's Consultative Assembly, and Dorna Sport. With this partnership, Mandalika is poised to become a top destination for golf enthusiasts and luxury travelers, contributing significantly to the local economy and opening up new opportunities for the region.