UAE’s Eagle Hills adds Indonesia to global portfolio with $3bn deal
Abu Dhabi developer Eagle Hills Properties is looking to add Indonesia to its global portfolio.
Mohammed Alabbar, the developer’s chairman and founder, and Erick Thohir, Indonesia’s minister of state-owned enterprises signed a memorandum of understanding this week.
The agreement includes plan to invest up to $3 billion to develop Indonesia’s tourism infrastructure assets, including property, airports and tourism destinations.
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