Vinci Invest in Indonesian Motorsport

Vinci Construction is to build a 120-hectare motorbike racing circuit and tourist complex on the Indonesian island of Lombok.

The French company signed a USD500 million deal with the state-run Indonesia Tourism Development Corporation (ITDC), in the presence of French President Francois Hollande and President Joko Widodo of Indonesia.

Abdulbar Mansoer, the head of ITDC, said the project would involve VINCI building seven hotels and a Moto GP circuit as well as a convention hall. Located next to Nusa Dua, the world famous beach resort area in Bali, the complex is expected to boost tourism.

Construction is expected to take two years, for completion in 2019.

Vinci is also part of the consortium responsible for building and operating Cambodia’s airports.

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