Project ID 66267ICBC provides IDR 400 billion loan for the World Capital Tower Construction Project Commitment amount $ Constant 2017 USD Summary Funding agency [Type] Industrial and Commercial Bank of China ICBC [State-owned Commercial Bank] Sector Industry, mining, construction Code 320 Category Project lifecycle Geography Description On February 9, 2017, ICBC Indonesia and PT Mega Kuningan Pinnacle — a special purpose vehicle and subsidiary of PT. Mega Kuningan Pinnacle, which is itself a subsidiary of PT. Pollux Properti Indonesia, Tbk — signed a IDR 400 billion loan agreement for the World Capital Tower Construction Project. The Fixed Loans on Installment PTI facility has a maturity of 6 years and a 12% floating interest rate, subject to change by the bank. The credit facility could be withdrawn by the borrower simultaneously or gradually during the period of availability of funds, 12 months from the signing of the credit agreement. The collateral for the bank loan includes a plot of land and the World Capital Tower Building, fiduciary collateral for subsidiaries receivables with a guaranteed value of IDR 94,632,277,019, and a Notarial Corporate Guarantee from Limited Liability Companies, 60% of the credit facility ceiling from PT. Pollux Properti Indonesia, Tbk and 40% from PT Prosys Bangun purpose of the project was to construct a 54-storey office building skyscraper in the central business district of Mega Kuningan locational coordinates within South Jakarta. The tower, which is meter-tall, is now one of the tallest office buildings in Jakarta. It has a total floor area of 70,000 square meters with retail & entertainment space. The World Capital Tower building has 5 basement floors and is equipped with an Annex Building, a retail area of 3000m2 which is a supporting facility building consisting of 3 floors connected to the main tower planned as the center of food & beverage, banks, and lifestyle products. World Capital Tower is marketed with a composition of 30% strata and 70% leasing and is divided into 4 zones. Low Zone consists of 18 floors, all of which have been sold, while the Mid Low Zone, Mid High Zone and High Zone will be focused on formal groundbreaking ceremony took place on October 10, 2013. The tower was officially inaugurated on April 28, 2019. Additional details Mega Kuningan is a business district with an integrated mixed use development concept, located at Setiabudi sub-district of Jakarta. Number of official sources 4 Number of unofficial sources 5 Download the dataset Details Receiving agencies [Type] PT Mega Kuningan Pinnacle [Joint Venture/Special Purpose Vehicle] Implementing agencies [Type] PT Mega Kuningan Pinnacle [Joint Venture/Special Purpose Vehicle] Accountable agencies [Type] Loan type Non-Concessional Collateralized/securitized Yes Collateral This loan was collateralized with a plot of land and the World Capital Tower Building, fiduciary collateral for subsidiaries receivables with a guaranteed value of IDR 94,632,277,019, and a Notarial Corporate Guarantee from Limited Liability Companies, 60% of the credit facility ceiling from PT. Pollux Properti Indonesia, Tbk and 40% from PT Prosys Bangun Persada.

Adriana Neysa’s Post JOB VACANCY Fit Out Executive PT. MEGA KUNINGAN PINNACLE Jakarta Selatan Qualification Architectural Engineering or Civil engineering years in the same position or have worked in the real estate / property industry or Female 25-33 years old literate with Ms Office, Sketchup, Auto Cad and Photoshop applications the structure of the building, architecture, matters related to mechanical electrical buildings working independent and team work to manage and supervise workers from sub contractors or building contractors good relationships with suppliers / vendors / contractors, consultants, interior designers in relation to fitout work and able to work under pressure or deadlines and willing to work diligently Job Desc how to control the quality of work in the field, budgets and time schedules the ability to manage workers in the field, sub-contractors, suppliers, etc. that design improvements and facilities are always met according to needs both functionally and aesthetically. Design and material Fitout from contractor and manage all operations and all aspects of fitout, including, carry out safety induction, control work quality, fulfill order requirements and control orders in the field, cleanliness & tidiness, use of personal equipment / protection daily, weekly and monthly reports and send all photos of work on site and forward to the office internal Building management Please send your application to PT. Mega Kuningan Pinnacle Email = Explore topics

PT Mega Kuningan Pinnacle Location Jakarta, Indonesia Area 0.85 ha Date 2019 Ref IP364 Project Description World Capital Tower is a high rise Office Tower strategically located at the centre of Mega Kuningan Business District in South Jakarta.

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