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600 million euro investment in tourism for Lombok
Taj Hamaad, an Advisor to the Dubai-based Group Emaar International Properties, have confirmed that they will invest 600 million euro in a new tourism resort development in Lombok, an island just east of Bali. According to Hamaad, technical agreements and final a final memorandum of understanding (MOA) are now being hammered out prior to ground-breaking ceremonies planned for later this year.
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