JAKARTA: PT Alam Sutera Realty Tbk starts constructing its two best projects, namely Alam Sutera Office Tower and Silkwood Residences Apartment, on IDR450 billion investment.Corporate Secretary of Alam Sutera Hendra Kurniawan informed that Alam Sutera Office Tower, a 20-floor office tower, will be used as Alam Suteras head office and the rest will be rented to third parties."Whereas, Silkwood Residences consists of two towers having 21 floors each, whose construction will be done gradually starting from Maple Tower then followed by Oak Tower, he stated in an official statement, today.As he continued, the contractor requires an investment value up to IDR150 billion to construct Alam Sutera office tower, and IDR300 billion for Silkwood Apartment.The project construction is a strategy to upgrade northern region of Alam Sutera to be a strategic business center that will include mall, office building, university, as well as hotel.Throughout 2010, Alam Sutera has launched several projects, such as Element shops, Jalur Sutera shops, second and third phases of Sutera Palmyra, Silkwood Residences Apartment, Spektra shops, Sutera Renata-Aurora, Sutera Renata-Alba, and Sutera Feronia Park. (T01/NOM)
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