The foreign investor was only given a land-use right for five hectares out of the 15,400 hectares of land he had initially wanted to develop. No document was ever issued giving him ownership rights over any part of the island.
Stanis Tefa
rights ownership giving land part
The foreign company was planning to invest US18,647, but only US0,206 had been materialized so far, because of tight competition with tourism investors in NTB and Bali.
competition company planning tourism
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