JAKARTA - Property King Ciputra, an entrepreneur who involved in building Jakarta, has been dreaming of creating area with good living concept, making analogy of having an integrated area with hotels, malls, and cultural sites in Indonesia's capital city.
The man who established PT Pembangunan Jaya in 1961 and developed Taman Impian Jaya Ancol project wants to duplicate Orchard Road of Singapore in Jakarta. So, he introduced Ciputra World, the 123,000-square-meter complex of malls, offices and apartments in Jalan Dr. Satrio, close to business area Jalan Thamrin and Sudirman.
With Ciputra Group established as a family business in 1981, he now controls nine listed companies running in property and become one of Indonesian richest people with US$1.6 billion net worth according to Forbes 2014. The listed companies under the group include PT. Ciputra Development Tbk (CTRA), PT. Ciputra Property Tbk (CTRP), and PT. Ciputra Surya Tbk (CTRS).
Source: PT Ciputra Development Tbk President Commissioner DR. Ir. Ciputra