Republic of Indonesia

The Coordinating Ministry

for Economic Affairs
The National Council for Special
Economic Zone

FOTO KEK

MNC Lido City

Special Economic Zone
SEZ Profile – Location
• TOLL ROADS • TRAIN
• Located about 60 km from
Jakarta
• Direct access through Jagorawi -
Bocimi Toll Road (section 1) in
just an hour drive.
• The site is served by two exit
toll:
- Exit Cigombong 1
(in operation)
- Exit Cigombong 2
(construction completed)
• Bocimi toll road section 2 - 4
that connecting MNC Lido City
to Sukabumi is still under
construction. • DOUBLE TRACK TRAIN
Double track train development
Bogor – Sukabumi was launched
• AIRPORTS in 2018 with expected
• Soekarno Hatta International completion in 2022.
1hr 55m Airport (Jakarta) – 98.6 Km
• Halim International Airport • LIGHT RAIL TRANSIT (LRT)
(Jakarta) – 66.8 Km Jakarta – Bogor – Depok –
• Kertajati International Airport Bekasi
(Majalengka) – 233 Km LRT Jabodebek is targeted to be
• Cikembar Airport (Sukabumi) operational in 2022.
– 36 Km – proposed

2
SEZ Profile – Location
MNC LIDO CITY IS THE CLOSEST TOURISM SPECIAL ECONOMIC ZONE FROM
JAKARTA AND THE FIRST IN GREATER JAKARTA AREA

Easy Access
±1 Hour Drive Time from Jakarta to SEZ MNC
Lido City

Spectacular Natural Setting

+/- 600m above sea level, between Mt. Salak
and Mt. Gede Pangrango

Pleasent temperature 22-25C

Surrounded by more than 70 million middle-

income population
Development Pillars

“Pride Of Indonesia”
Redefining Tourism Indonesia

INTEGRATED CREATIVE NATIONAL

TOURISM
• MNC Park – the first world-class theme park
in Indonesia covering an area of 47 Ha
• Lido World Garden – a family edutainment
paradise covering an area of 17 Ha that will
present flower gardens decorated with
various collections of rare floral specimens
• Retail, Dining & Entertainment areas
• Resort Hotels – 3*-star to Luxury and
international standard MICE facilities
• PGA Standard 18-Hole Golf Course designed
by Ernie Els and a Golf Club designed by
Oppenheim Architecture
• Exclusive Villas and Condominiums
• Lido Lake Resort by MNC Hotel equipped with
the largest outbound facilities of Lido
Adventure Park
• Hilltop Villa with the best wellness facilities
ECONOMY
• Movieland – the most integrated and one-
stop studios in Indonesia covering an area of
21 Ha
• Lido Music & Arts Center – the first world-
class outdoor music & arts festival venue
covering an area of 5 Ha with an
amphitheater concept
• Techno Park & Data Center – to support the
advancement of information technology
• Transit Oriented Development – covering an
area of 7 Ha which will integrate SEZ MNC
Lido City with modern public transportation
PARK*
• Taman Nasional Gunung Gede Pangrango
(BODOGOL) will be managed as MNC Nature
Park covering an area of 101 Ha, a natural
reserve area that will become a conservation
center and ecotourism with a variety of
endemic flora and fauna of Java
Note (*):
National Park has a total land area of 431 Ha
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 North Main
Entrance SEZ MNC Lido City Masterplan
SOEKARNO
PARK
(1,040 Ha)
LIDO LAKE Direct Access From Toll Road to SEZ MNC Lido City
RESORT CONDOMINIUM
Access From Toll Road to Sukabumi Road
TOD National Road access to North Main Entrance

LUXURY
VILLAS RETIREMENT
18-HOLE PGA
VILLAGE
STANDARD
GOLF
COURSE
COMMERCIAL

5* HOTEL &
WATER PARK INTERNATIONAL
HOTEL, COUNTRY RESIDENTIAL
MNC PARK 4* HOTEL & CLUB & GOLF
RD&E MICE CLUB
LUXURY
COMMERCIAL
4* HOTEL & VILLAS
MICE

PARKING LIDO
3* HOTEL MUSIC & MOVIELAN
AREA LUXURY
ARTS D
VILLAS
CENTER
WELLNESS
LIDO WORLD RESIDENTIAL CENTER
GARDEN
TECHNO
South Main PARK
18-HOLE PGA
Entrance STANDARD
GOLF
COURSE

RESIDENTIAL
Pipeline Project INTEGRATED
MNC Park TOURISM

47 ha
6 Themed Lands
18 Rides
15 Show & Attraction
18 F&B Outlet
21 Retail Outlet

• Show-casing local & original IP

characters from MNC
Animation

• Building on a Synergistic
Business Model across the
Group to drive revenue as well
as implementing cross selling
and cross promotion with other
Est Project Cost (excluding land) group’s products and services
(both media and financial
USD 612.5 million services)

6
 Pipeline Project
MNC Park – Project Concept

• Total Area : 47 Ha with 6 themed lands; integrated with other supporting facilities including Water Park, Retail Dining
& Entertainment (shopping & culinary experience), 3* to Luxury Hotels and MICE facilities, to support the projected
annual tourist attendance of +/- 3.5 – 5.0 million people from various group age.
o Total area is 2x larger than Universal Singapore (20 Ha)
o More spacious than Hongkong Disneyland (28 Ha)
o More spacious than Tokyo Disneyland (47 Ha)

• Featuring 18 Rides, 7 Shows and 8 Attractions. The rides and attractions to be presented in this theme park are
unprecedented in Indonesia and equipped with the latest technology. All attractions are being designed, built, and
operated according to the ASTM F24 Standards (American Society for Testing and Materials), the highest benchmark in
the world for Theme Park’s Rides and Equipments. 7
Pipeline Project
MNC Park – Construction Progress
1 2

2 3

3 4

8
Pipeline Project INTEGRATED
Retail Dining & Entertainment (RD&E) TOURISM

8 ha
• Exclusive Brands & Shops

• Family Dining

• Entertainment Zone

• Shows & Exhibition

• Seasonal Parade

• Nightlife Attraction

Est Project Cost (excluding land)

USD 37.5 million

9
Pipeline Project INTEGRATED
Resort Hotels TOURISM

23.9 ha
• 5 STAR
Luxury + Waterpark
800 Keys
Site Area : 42,000 m2
GFA : 77,000 m2

• 4 STAR FAMILY
Kiko Characters Theme
1400 Keys
Site Area : 42,400 m2
GFA : 95,292 m2

• 4 STAR MICE
Media x Event
800 Keys
Site Area : 52,000 m2
Est Project Cost (excluding land) GFA : 68,700 m2
USD 26.5 million (3-star) • 3 STAR
USD 49.2 million (4-star) Art & Pop
USD 55.1 million (5-star) 2000 Keys
Site Area : 65,915 m2
GFA : 73,800 m2
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Pipeline Project INTEGRATED
Lido World Garden TOURISM

Est Project Cost (excluding land)

USD 34.8 million
17 ha
• A world-class family
edutainment garden that
will present the beauty of
the garden and amazing
culture from various parts of
the world.

• 6 Thematic Edutainment
Zone

• Noah Ark

• Flower Festival & Exhibition

• International Village

• Sundial

• Amphitheatre

• Event venues

• Retail, F&B

11
Pipeline Project
Lido World Garden – Project Concept
Lido World Garden is an international standard Edu-tourism and Family Recreation Park with a total area of 17 Ha, displaying a wide
range of flora and fauna.
Inspired by the beauty of the world-famous Dubai Miracle Garden (7.2 Ha; 150 million flowers; 1.5 million visitors/year), Lido World
Garden consists of 6 main zones of Edutainment activities with target annual attendance of +/- 1 million.
• Gate of Time: learn how Sundials work, including various flora and fauna
• Fairy Village: Supreme Plaza, Throne Tree
• Word of Wonders: educational garden, flower exhibition, flower parade
• Magnificent Indonesia: Indonesian Gallery, Healing Garden, Traditional Dining Garden
• Noah Garden: replica of Noah's ship according to its original size and historical explanations, observation deck and amphitheater for
performances
• Embassy Garden: Embassy Garden, Local Cultural Garden, Creative Hub, F&B Plaza

12
Pipeline Project
Lido World Garden – Construction Progress
1 2
3

2 2

2 3 4

13
 Pipeline Project INTEGRATED
PGA Standard 18-Hole Golf Course and Golf Club TOURISM

83 ha
• Ultra-Exclusive Golf Club
with total GFA of more
than 20,000 sqm
• 2 Mountain Views
• Country Club Designed by
Oppenheim Architecture
• Golf Course Designed by
Ernie Els

OFFICIAL PARTNERSHIP WITH: Est Project Cost (excluding land)

USD 36.0 million
14
Pipeline Project
PGA Standard 18-Hole Golf Course and Golf Club – Project Concept
• In Indonesia, currently there is no Golf Course that can fulfill the standards to host a PGA Tour – the most exclusive golf
championship in the world.
• Lido International Golf Course with a total area of 83 Ha is designed by world-class designer as well as professional golfer, Ernie
Els, that has won numerous awards including “Designer of the Year 2015” by World Golf Awards, four-time Major-Champion and
World Golf Hall of Famer in 2011. This course is designed to be the first 18-hole PGA Standard golf course in Indonesia.
• The spacious and luxurious clubhouse is designed by Oppenheim Architecture with a total GFA of 22,257 sqm and featuring the
following facilities: Pro Shop, VIP rooms, 2 Dining Outlets, 10 Meeting Rooms and Ballroom with a capacity of up to 1,080 pax
seated).
• The stunning views of Mount Salak and Mount Gede-Pangrango, pleasant temperature of 22-25 Celcius all year long and located at
an altitude of 600 meters above sea level, set Lido Golf Course apart from the other golf courses.
• By having international brand, Lido Golf Course will be promoted in the global market and will attract professional Golfer as well as
tourist Golfer from overseas.

15
Pipeline Project
PGA Standard 18-Hole Golf Course and Golf Club – Construction Progress

1. HOLE 2
2. HOLE 5
3. HOLE 6
4. HOLE 9

1 2

3 4
16
Pipeline Project INTEGRATED
Lido Lake Resort & Extension TOURISM

7.7 ha
• Two 5-star hotels,
225 suites
• 20 function rooms
• Lake-side café, roof-top
café, outdoor & indoor
dining
• Weddings
• Spa & health club facilities

Est Project Cost (excluding land)

USD 21.9 million LIDO LAKE RESORT EXT.
Completed by 2023

17
Pipeline Project INTEGRATED
Lido Adventure Park TOURISM

5 zones
• Soekarno Park
• Lido Lake Resort
• Lido Adventure Park
• Wetland
• Durian Farm

18
Pipeline Project CREATIVE
Movieland ECONOMY

21 ha
• The most integrated and
one stop studios
Movie
Set • Large range of background
TOUR settings, from nature to city
• Green screen and indoor
studios
• Video editing and post-
production facilities
Complete
Movie • Movie Tour Package
SETTING
• Family Movie
Entertainment

Est Project Cost (excluding land)

USD 32.6 million
19
Pipeline Project
Movieland – Project Concept
• MOVIELAND – the most integrated and one-stop studios covering an area of 21 The Most Integrated and One
hectares which has various outdoor backlot settings from nature to city landscapes, Stop Studios
complete with indoor green screen backdrops, postproduction areas, and other
supporting facilities.
• In 2019, Indonesia film industry produced around 300 titles/year and continuously
growing. MNC Media alone produced more than 20,000 hours/year. Currently, there is
no integrated, one-stop studio for film and TV series production in Indonesia with the
same quality as in Korea or USA. There is an urgent need for a One Stop Studio in
order to increase the efficiency and the quality of Indonesian film production and
attract filmmakers from around the world.

• Compared with the existing film production facilities in Singapore, Thailand and
Malaysia which are smaller in size, Movieland has a competitive advantage as the
provider of the largest end-to-end production facilities in Southeast Asia, where the
whole area of SEZ MNC Lido City can be used as a shooting location (not limited to
Movieland area only).

• Movie Fans Tour: Movieland will be opened for fans and public to experience the tour
around the shooting location. Visitors can explore the production process, meet and
greet with the actors and learn on how to become a filmmaker.
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Pipeline Project CREATIVE
Lido Music & Arts Center ECONOMY

5 ha
• 50.000 standing spectators
• Main Stage
• Big Plaza
• Facilities & Supporting
area
• Events:
 Weddings
 Sport Festivals
 Religious gatherings
 Political gatherings
Est Project Cost (excluding land)  Shows & Performance
USD 3.5 million
 Cultural gatherings

21
Pipeline Project
Lido Music and Arts Center – Project Concept
• Currently, there is no international scale, outdoor venue facilities for arts
Commercial
and music festivals comparable to Coachella in USA (the largest and most
famous music festival venue in the world).

• Lido Music and Arts Center is an outdoor venue with a total area of 5 Ha
and is the largest in Indonesia; designed to cater for up to 50.000 festival
goers with four different stages to accommodate various shows 3-star
Hotel
concurrently. Lido Music and Arts Center will become the most sought
after venues for music and arts festival in Southeast Asia. Various
supporting facilities will be provided to enhance the comfort and security of
guests.

• MNC Media through its subsidiary in the talent management industry which Lido World
Garden
manage various talents/artists, will be actively involved in promoting and
organizing all events in Lido Music and Arts Center.

• This venue will support the advancement of the Indonesian music and arts
industry.

22
Pipeline Project
Movieland and Lido Music & Arts Center – Construction Progress

23
Pipeline Project CREATIVE
Techno Park and Data Center ECONOMY

24 ha
• Hyperscale Data Center:
Global Data Center Platform
for Hyperscale Customer, up
to Tier-4 uptime specification
• Venture Capital & Incubation
Hub
• Research & Technology
University: specializes in
engineering, technology,
medicine, applied and natural
sciences
• Security Operation Center
(SOC) with 24x7 Office Hour
Monitoring Services and
collaboration with Global
Information Security
ecosystem
• Co-working Space

24
Pipeline Project CREATIVE
Transit Oriented Development ECONOMY

Est Project Cost (excluding land)

USD 125.8 million
7 ha
• Integrated Transportation
Modes:
• Train Station
• Bus Terminal
• Commercial and
residentials
• MOU has been signed with
PT KAI (Indonesia Railway
Company) to relocate the
existing Cigombong Train
Station to SEZ MNC Lido
City

25
Pipeline Project NATIONAL
Lido Nature Park PARK

NATURE ACTIVITIES PROGRAM

Salak
Mountain MNC
LIDO CITY

BODOGOL

Gede
Pangrango
Mountain

MNC Land collaborates with Gunung Gede

Pangrango National Park to manage Bodogol
as an agro tourism destination. Management
of National Park nature tourism will include
the development of MNC Nature Park
covering an area of 101 Ha a natural
reserve area that will become a conservation
center and ecotourism with a variety of
endemic flora and fauna of Java.

26
 On-site Infrastructure

Infrastructure and Utility pricing

Electricity Price
Electricity Water Gas USD 0.07 – 0.11 / kWh

Electricity Capacity Water Capacity Gas Capacity Water Utility

450 MW (reserved) 200 liters/sec 500 MMBTU/day USD 0.48 – 0.88 / m3 (Group IV)

Gas
GAS
USD 6.0 / MMBTU (industrial)

Waste Renewable
Other Utilities
Management Energy
Renewable Energy i.e.
Sewage Treatment Plant Other Utilities: Wind/Solar Energy
Waste Water Treatment Plant ICT (under planning)

27
Ecosystems around the Region
Regional Infrastructure

Foto Foto Foto Foto

Toll Road Airports Electricity Clean Water

Foto Foto

Train Fiber Optics

28
 Ecosystems around the Region

Supporting Facilities Demographic (Bogor Regency 2020)

Hospital Hotel

Population
5,427,000 people

Siloam Mayapada
Primary-Secondary Education
The 101 Pullman
Average Length 8.5 years
Retail Education
Age Range
Productive 70% : Non Prod 30%

Gender
Botany Square Lippo Plaza Bogor Raya IPB
Male 51% : Female 49%
Sports Recreation
Monthly Minimum Wage (2021)
Rp 4,200,000 or USD 295 per month

Stadium Paraglider National Parks Falls

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 Special Economic Zones Incentives & Benefits
1 Developers: IDR 100 bio and above (eq US$ 6.90 mio) 10 Years

Investors: IDR 100 bio to <IDR 500 bio

10 Years
(eq US$ 6.90 mio to US$ 34.50 mio)

Tax Holiday Investors: IDR 500 bio s/d <IDR 1,000 bio
15 Years
(designated industries) (eq US$ 34.50 mio to US$ 68.96 mio)
Corporate Income Tax
(applicable tax rate from 2022 onwards: 20%) Investors: IDR 1,000 bio and above (eq US$ 68.96 mio) 20 Years

Grace period of 2 years after facilities years;

50% Corporate Tax deducted

 Reduction in Net Income by 30% of the total Investment Value, which is prorated at 5% p.a for 6 years
Designated industries: Tourism, Creative Industries, and Tax Allowance  Accelerated depreciation and amortization for tangible and intangible assets
related industries (other than designated industries)  Reduction of Tax on dividends paid to Foreign Shareholders to 10% or lower
 Loss compensation carried forward for 10 years

2 Value Added Tax and Luxury Not collected

for specified materials, consumables, and
Sales Tax service items based on SEZ regulations,
VAT on Goods and/or Services (10%) including capital goods, raw materials, and
Luxury Sales Tax (20%) certain others

3 Import Income Tax

(PPh 22) Not collected
(API : 2.5%, Non-API : 7.5%)

4 Exempted
Excise Tax on Raw Materials for non-excise taxable
Finished Product
Notes: - USD/IDR exchange rate: 14,500
- Investor in designated industries may also decide to choose/opt for Tax Allowance over Tax Holiday 30
 Special Economic Zones Incentives & Benefits
5 Capital Goods Tax Holiday for 5 years + extension of 1 year
(during construction stage)

Raw Materials Deferred

(during operation/production stage)
Import Duties
Consumable Materials for Service
Exempted
Industry

Retail Merchandise Deferred

6 Luxury Income Tax on

Luxury Residential
Luxury Income Tax (5%) Exempted
Luxury Residential:
Homes (>IDR 30 bio or >400 m2)
Condo (>IDR 30 bio or >50 m2)

7  Foreign full ownership is allowed (negative list are not applied in SEZ)
 Zero percent import duty for material used for domestic sales products with a minimum
of 40% local content
 One stop service provided by SEZ Administrator for all services and business licenses
 Special treatment for foreign individual (VOA extension up to 5 times, Temporary Resident
Additional Facilities status for foreign workers & family, Permanent Resident status for property holder &
senior foreigner)
 Right to Use Land Title and Building Right Land Title of up to 80 years with special
accelerated procedures
 Tax refund on Value Added Tax – Retail Sales to Foreign Passport Holder (10%) – only
applies to Tourism SEZ
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Land Ownership – Foreign Investor
LAND TITLE (ENG.) OWNERSHIP PERIOD ELIGIBILITY FOR FOREIGN BUSINESS/ENTITIES
Right of Ownership Perpetual - Not available
(Hak Milik)
Right to Build 80 years (30+20+30) - Legal entities incorporated in Indonesia (domestic/foreign businesses)
(Hak Guna Bangunan)
Right to Use 70 years (25+20+25) - Legal entities incorporated in Indonesia (domestic/foreign businesses)
(Hak Pakai) - Government institutions, religious & social organizations
- Foreign citizens domiciled in Indonesia
- Indonesian reps of foreign legal entity
- Indonesian reps of foreign country or international organization
Strata Title HGB : 80 years - Legal entities incorporated in Indonesia (domestic/foreign businesses)
(Hak Milik atas Satuan HP : 70 years NEW under Law No 11/2020 on Job Creation :
Rumah Susun/HMSRS) - Foreign citizens domiciled in Indonesia,
- Indonesian reps of foreign legal entity
- Indonesian reps of foreign country or international organization

Sources:
- Law No. 5 of 1960 on “Basic Agrarian Law”
- Law No. 20 of 2011 on “Multi-Storey House”
- Law No. 11 of 2020 on “Job Creation”
- Government Regulation No. 4 of 1988 on “Multi-Storey House”
- Government Regulation No. 40 of 1996 on “Right to Cultivate, Right to Build, Right to Use of Land”
- Government Regulation No. 24 of 1997 on “Land Registration”
- Minister of Agrarian & Spatial Layout/Head of National Land Agency (BPN) Regulation No. 29 of 2016 on “Procedures for Granting, Relinquishing, and Transferring Ownership of Residential
Property for Foreign Citizens Domiciled in Indonesia”

32
Business Model – Investment Scheme
Involved Parties:
 PT MNC Land Lido (“MLL”) as land owner and Master Developer
 Prospective Investors (“Investor”)
1 2 3
Outright Sale Land Lease Joint Venture/Joint Operation

 MLL offers land plots for sale
 Investor purchases land and as
Business Entity will enjoy tax and non-
tax benefits of SEZ
 MLL offers land plots for lease
 Investor leases the land and as
Business Entity will enjoy tax and non-
tax benefits of SEZ
 MLL injects land into the JV/JO as part
of equity contribution
 Investor injects equity capital into the
JV/JO (contribution size of each party
will be determined later)
 JV/JO will develop the designated
project and as Business Entity will
enjoy tax and non-tax benefits of SEZ

33
Contact Person

Name Telephone Email Website

Natalia Cecilia Tanudjaja +62 812 3019 781 natalia.tanudjaja@mncgroup www.mncland.com
Position .com
Director

34
THANK YOU