Companies / August 2018

Top Groups Invest in East Nusa Tenggara

The East Nusa Tenggara administration has presented the Lippo Group with an award for its contribution to the development of the province. The award, presented to Lippo Group chief executive James Riyadi by Governor Frans Lebu Raya, marks another milestone in the group's efforts to improve Indonesia's less-developed regions.

The governor said he is convinced other business groups will follow Lippo's lead in investing in the region. "It's true that other large businesses followed the Lippo Group's example by investing in East Nusa Tenggara," Frans Lebu Raya said.

In his remarks, James said East Nusa Tenggara needs not only physical development but also development of human resources. "Whenever one mentions East Nusa Tenggara, we are called to come to East Nusa Tenggara. And here we are. This was why I urge the Lippo Group and its foundations to build schools, hospitals and create job opportunities," James said.

The group has established Lippo Plaza Kupang, two Siloam hospitals and Dian Harapan School in Kupang, the provincial capital. Lippo opened its first modern Hypermart in Kupang in 2012 and a Siloam Hospital in 2015. The group also has a Siloam Hospital in Labuan Bajo, a popular tourist destination in the province.

The two hospitals together employ 750 people, including specialists, doctors, nurses and general staff. They receive nearly 800,000 visitors and treat around 180,000 patients per year. Lippo is currently exploring the possibility of building more hospitals in other districts in the province.

Yayasan Pendidikan Pelita Harapan is also actively involved in developing education in Kupang, Rote and Labuan Bajo. In the provincial capital, the foundation established primary and secondary schools for 2,169 students. They employ 131 teachers and 208 general staff members. The foundation also provides university scholarships to 100 students annually.

James said the bureaucracy in East Nusa Tenggara makes it easy to invest in the province. "We were given good service; none of the officials asked for money," he said.

The Lippo Group has so far invested more than Rp 1,5 trillion ($103 million) in East Nusa Tenggara.

Other groups, including Trans Corp, represented by Ahmad Ridwan Dalimunthe, and the Sahid Group, that have also invested in East Nusa Tenggara, also received awards during the occasion.