PT PP (Persero) Tbk ("the Company") synergized with PT ASDP (Persero) ("ASDP") to build a Labuan Bajo Marina Area in support of the Program 5 Super Priority Tourism Destinations launched by President Joko Widodo. Located in West Manggarai Regency, East Nusa Tenggara Province, the Labuan Bajo Marina Region was inaugurated directly by the President of the Republic of Indonesia Joko Widodo with a marked keypress on Monday (01/20) at the Inaya Bay Komodo Hotel. The SOE Minister Erick Thohir, State Minister Pratikno, Minister of Tourism and Creative Economy Wishnutama Kusubandio, Transportation Minister Budi Karya Sumadi, PUPR Minister Basuki Hadimuljono and East Nusa Tenggara Governor Viktor Laiskodat. The company was represented by Lukman Hidayat as the President Director accompanied by Sinur Linda Gustina as the Director of Commercial & Hospitality of PT PP Properti Tbk.
In supporting the development of the Marina Labuan Bajo tourism area in East Nusa Tenggara, the Company together with ASDP formed a joint venture company called PT Indonesia Ferry Property ("IFPRO") with a 49%: 51% share ownership. The Marina Labuan Bajo area is a clear proof of the existence of a state-owned company that has built this region in the past 3 (three) years.
IFPRO is currently continuing to develop the Labuan Bajo Marina Area, including: Hotels and multifunction halls that support the MICE industry. Inaya Bay Hotel is a 5 star hotel located in the center of Labuan Bajo. The hotel will consist of 5 (five) floors, 147 guest rooms, infinity pool, moon bar and restaurant. At present, phase I hotels are ready to operate and the next stage is the construction of the Marina to promote urban lifestyle tourism in Labuan Bajo. The development of 2.4 hectares of land will later become an integrated area consisting of Hotels, Commercial Areas, Ferry Terminals and Marina Yachts that can accommodate around 125 berths.