from todays' Hotels newsfeed (3/24):
Asia Pulse
March 24, 2008 Monday 3:06 PM EST
UAE'S EMAAR CLOSER TO BUILDING BEACH RESORT PROJECT IN LOMBOK
"JAKARTA March 24
United Arab of Emirates property giant Emaar Properties is closer to implementing its resort project in Bali's neighboring island of Lombok after signing a new agreement to establish a joint venture to operate the project. " ...
"Chairman of Emaar Properties Mohamed Ali Alabbar was quoted as saying work will start next month in the project occupying 1,175 hectares of coast land including 7 hectares for a special port, luxurious residential area, and a gold course." ...
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