Pembangunan Jaya Ancol allocates capex of Rp1.6t
Pembangunan Jaya Ancol (PJAA) has allocated a capex of Rp1.6t this year which comes from the internal and external financing. About Rp350b of the capex will be used to finance the company’s property projects and the rest will be used for the development of recreation business. The company plans to issue bonds to raise funds of Rp300b. The company plans to build Ocean Fantasy Theme Park with an area of 16 ha landbank, and its 30 rides will be built on a 32 ha landbank in northern side of Dunia Fantasi Ancol. In 2015, the company reported that its recreation business were visited by 17.6m visitors. The company expects 18.5m visitors this year.
