Emaar still eyeing $600m Indonesian project

Emaar Properties issued a statement today saying it has submitted an expression of interest to the Bali Tourism Development Corp. for a $600m tourism project in Lombok, Indonesia. The Dubai-based developer is awaiting response from the Indonesian authorities on the project, it said in the statement. Al Khaleej had reported yesterday Emaar abandoned plans to help develop the project with the Indonesian government, citing the Indonesian ambassador to the UAE Mohammad Supriyadi.