Hanson establishing in the Property Sector
Hanson International Tbk., holding company along with its subsidiaries has made steady progress in the development of land banks into residential and commercial areas. Hanson has signed strategic Joint Venture agreements with Ciputra Group, a reputed and established company to develop close to 500 hectares of land in Maja Raya, Greater Jakarta. Hanson has also secured collaboration with Bank BTN (Bank Tabungan Negara), a State owned Bank to develop 20,000 units of “Budget Housing” to accommodate the ever-growing requirement. Hanson is in discussions with institutions to develop a “Self Sustained Educational City” in Maja. Hanson has secured Joint Venture agreements with a consortium of prominent developers in Indonesia to develop 850 Hectares of land in Serpong. This would become City of Future with all modern amenities.