Landmarks builds largest lagoon in Southeast Asia in Bintan
INTEGRATED: The developer has signed MOUs for resort investment and seaplane operations
Landmarks Berhad’s Indonesian development Treasure Bay, an integrated tourism destination located in Bintan has commenced construction work for what is believed to be the largest clear water lagoon in Southeast Asia. Measuring over 60,000 m sq ( 645,835 sq ft), the Crystal Lagoon is built using technology from South America.
It will be complete with sandy white beaches and water attractions, and forms part of Phase 1 of the development. The lagoon will be ready by early 2013.
Earthworks had started in late 2011 and a flurry of building activities will see the opening of the first phase of the resort within the next 18 months.
Around the lagoon, an extensive landscaped boardwalk will be built. The walk allows visitors to have access to a variety of F&B, retail and entertainment outlets.
Treasure Bay will also be building a 5-star resort that is scheduled for completion by late 2014. The Company has been working with several potential investors and partners, and has signed a Memorandum of Understanding recently with investment company Decennia Pte Ltd for a joint venture on two hotels and a commercial centre.
To further cement the destination as a premier tourism location, wholly-owned subsidiary Primary Gateway Sdn Bhd has also entered into a Memorandum of Understanding with Skywave Pte Ltd. Skywave is involved in sea-plane operations.
In addition to routine flights from Singapore to Bintan, Skywave will enable resort operators to develop more islands which are outside comfortable ferry range.
Phase 1 of Treasure Bay is part of a 338-hectare development where Landmarks is the master developer.