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Monday, March 16, 2015

Monday, March 16, 2015

Garuda Wisnu Kencana project stalled due to the economic crisis

In 1995, a large project in Bali was built, namely the construction of the statue of Garuda Wisnu Kencana (GWK). The project is located in the village of Jimbaran, District of South Kuta, Badung. Its location near the campus of the University of Udayana, Bali in Jimbaran.


Some people are great at that time contributed to this ambitious project. They are the Minister of Tourism, Post and Telecommunications, Joop Ave, Minister of Mines and Energy, Ida Bagus Sudjana, and when the Governor of Bali, Ida Bagus Oka.

According to the plan investors, they will build a variety of luxury facilities in an area of ​​200 hectares. These include the giant statue of Garuda Wisnu Kecana (GWK) with a total height of 126 meters. This statue is predicted to exceed the height of the Statue of Liberty in New York, USA.

Funding This project was originally estimated at Rp. 400,000,000,000. But, today, after the economic crisis hit Indonesia, which have an impact on the inflation rate is very high, it takes around Rp 2,000,000,000,000 to complete the Garuda Wisnu Kencana in the Jimbaran Village

The economic crisis in 1998, stopping a dream to load a large statue that bernawa pedestal. The project is then no outcome, and fraught with problems, including problems among fellow investors since the early pioneering development of the project. Investors are also changing, including the last one is now owned by PT Alam Sutera Realty Tbk. Other investors who have been involved, among others, PT Multi Matra Indonesia (MMI) and PT Garuda Adi Matra.

After nearly 20 years later, the project has completed approximately 20 percent. GWK statue that has not been fully completed so the main attraction of tourists who visit. Lotus Pond, where open at GWK, also became one of the leading entertainment here. But the project was only completed 20 percent after 20 years later.

Some local residents had complained that their access to the grave instead covered by the manager. Some time ago, the road leading to the pedestal blocked by local residents who protested the manager, because it has closed the access to the Setra owned by residents.

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