PT BREWIN MESA SUTERA AWARDS THE MAIN CONTRACT FOR THE LANA APARTMENT TO THE WORLD’S No. 1 CONSTRUCTION COMPANY
News - Thursday, 09 November 2017
Jakarta, 9 November 2017 – Today, PT Brewin Mesa Sutera, a leading developer from Singapore, awarded the main construction contract for their inaugural apartment project “The Lana” to PT. China State Construction Overseas Development Shanghai (Indonesia), the Subsidiary of China State Construction Engineering Corp. Ltd. (CSCEC), the World’s No. 1 construction company and ranked number 24 on the Fortune Global 500.
With a total development cost of IDR1.3 trillion, The Lana is a luxury apartment project located in the prestigious Alam Sutera, developed by PT. Brewin Mesa Sutera, a joint venture of leading Singapore developer Brewin Mesa Pte. Ltd. (“Brewin Mesa”) and its partner Shenning Emerging Asia Real Estate Fund Pte. Ltd. (“Shenning”).
In awarding The Lana’s main construction contract to CSCEC, Brewin Mesa and Shenning are tapping on CSCEC’s superior technical capabilities and deep execution expertise to fulfil their promise to buyers at The Lana of delivering luxury apartments of the highest quality construction on time.
“Today is a momentous day for us, as we award the main construction contract for The Lana to CSCEC. The award of the main contract is a key milestone for us to fulfil our promise to deliver The Lana to our buyers on time and built to the highest quality. In selecting CSCEC to build our first project in Jakarta, we recognize their extensive experience in building luxury high-rise buildings across the world and their superior construction capabilities. They are not only the No. 1 construction company in the world, but have also completed the most number of super-tall buildings as well as numerous luxury hotels and apartment projects across Asia. As CSCEC’s first apartment project in Indonesia, I am confident that they will pay special attention to our project and use it as a showcase of their capabilities in building luxury apartment projects”, said Bill Cheng, President Director of PT Brewin Mesa Sutera.
CSCEC is the world’s largest construction company and is ranked 24 on the Fortune Global 500. The Company has delivered 6000 projects in over 48 countries around the world and had USD141 billion in revenue in 2016. It is consistently ranked on the top of Global Contractor Lists and has won numerous prestigious global construction and engineering awards. CSCEC is also one of the most financially strong construction company in the world, with a rating of “A” with a Stable Outlook by Standards & Poor, Moody and Fitch Ratings, the highest in the construction business.
In Asia, CSCEC has completed numerous high-end projects across key Asian cities – luxury hotels, Grade A office buildings and luxury apartment buildings. CSCEC has also completed the most number of super-tall buildings in the world, including, The World Financial Center (a Grade A office Tower and the 5-star Park Hyatt, Shanghai), Tianjin Chow Tai Fook Center (a Grade A office Tower and super five-star Hotel, Tianjin),The Astaka in Johor Bahru, Malaysia (the tallest residential building in South East Asia). In Indonesia, CSCEC is building the Signature Tower in SCBD, Asia’s tallest building when complete, as well as Indonesia One, two 60-storey Grade A office towers in the center of the Jakarta CBD. The Lana will be CSCEC’s first luxury apartment project in Indonesia.
In line with CSCEC’s strategy of “reputable clients, reliable markets and remarkable projects”, CSCEC’s acceptance of this contract demonstrates its confidence in Brewin Mesa and Shenning, and its long- term commitment to Indonesia. CSCEC is enthusiastic about the opportunity and is committed to delivering the highest construction quality for the project and setting a new benchmark for luxury apartments in Indonesia.
Mr. Li Jie, Executive Director of PT China State Construction Overseas Development Shanghai said: “In accepting the contract to build The Lana, CSCEC recognizes the ambitious vision of PT Brewin Mesa Sutera to set a benchmark for high rise apartment living. We express our enthusiasm and commitment to deliver the highest construction quality for the project so that it will be a showcase for luxury apartments in Indonesia.”
Mr. Li Jie adds: “As the biggest construction company in the world with aggressive global expansion plans, we recognize the vast opportunity for us in Indonesia. We plan to build a long-term business here in Indonesia, with the aim to be one of the top contractors in the country. To build a track record, we will only accept the most prestigious projects for our first few contracts, and promise to deliver excellence. Our first project was Indonesia One, two 60-storey Grade A office tower located next to Plaza Indonesia and we were recently awarded the contract for Signature Tower in SCBD. Recognizing the ambitions of PT Brewin Mesa Sutera to build a good quality project, we accepted the main contract of The Lana as our first apartment building in Indonesia.
Mr Cheng adds: “We hope The Lana will not only broaden the housing options for anyone who wants to live in the prestigious Alam Sutera area or West Jakarta but also soar beyond its peers by offering a distinct architectural gem and presenting Jakartan's a new typology in high rise urban living, delivered to the best quality. As the best-selling project in Tangerang in its class consecutively for the last 3 months, The Lana’s buyers have recognized the qualities and uniqueness offered by The Lana”.
Located in Alam Sutera and only 10 minutes from Puri Indah, West Jakarta, The Lana is positioned at the high-end segment of the market and is aimed at both investors and end-users – young families and trendy professionals. It is designed by the award-winning Andrew Bromberg of Aedas, one of the largest architectural firms in the world. The Lana emphasises nature and tranquillity in the middle of Alam Sutera’s lively CBD. It stands out as the best development in its class delivering a unique, state-of-the-art and contemporary design that is also functional and liveable. Apartment units feature high quality materials such as Italian Carrera marble, high-end appliances and branded cabinets.
Designed with the health and lifestyle of its residents in mind, The Lana has an unparalleled number of amenities for its residents on par with the most luxurious developments in Jakarta. It features 3 pools, including a 50-m infinity pool, a large sky deck, multiple resident lounges and meeting facilities, a large gym, lush gardens and water features, barbeque areas as well as unique features for wellness, relaxation and play such as Thinking Boxes, a Wayang Play Tower, a Giant Hammock and a Solarium.
The Lana is expected to be completed in Q1 2020. Customers are able to see and experience the unique apartment project firsthand by visiting the show unit at The Lana Marketing Gallery.