Deal inked for development of North Bali Airport

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(From left) Gede Supriatna, chairman of local house of representatives of Buleleng; Douglas Foo, SMF president & chairman of Sakae Corporate Advisory; HE Ngurah Swajaya, the ambassador of Indonesia; HE Putu Agus Suradnyana, regent of Buleleng Bali; Haryono Eddyarto, president director of PT Baruna; Dewa Ketut Puspaka, regional secretary of Buleleng Regency; Saharto Sahardjo, president commissioner of PT Baruna Indonesia

SAKAE Corporate Advisory, Buleleng Regency and PT Baruna Indonesia have signed an MoU for the development and management of North Bali Airport, set to be located in Kubutambahan, Bali.

North Bali Airport will be developed in stages, with the signing signalling the kick-off of runway upgrades on the existing airport to accomodate larger planes.

The first phase will then see the establishment of a transit hotel and a parking area for private jets, while the second stage will see the development of a ferry terminal and a seaport designed for cruise ships and private yachts.

No further details are available, but Sakae Corporate Advisory is currently calling for investment in areas such as ground handling, operation and maintenance of supporting facilities, and infrastructure of the new airport.

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