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LIPPO-MAPLETREE - Lippo Malls Indonesia Retail Trust - Investor ...

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Overview of Portfolio3. OVERVIEW OF PORTFOLIO3.1 Regional contextThis section analyses the provinces that the subject centres are located. These provinces are:• Jakarta• West Java• East Java• Central Java• North Sumatra• Banten• BogorAs at 2005 <strong>Indonesia</strong>’s population was 219 million people, with population growth over the past five yearsaveraging 1.3% per annum. Of the provinces containing subject centres, Banten has experienced thestrongest population growth at 2.8% per annum over the past five years.In terms of total wealth, Jakarta has the highest level of GRDP per capita, reflecting its role as theadministrative and financial capital of <strong>Indonesia</strong>.Table 3.1.1 Selected <strong>Indonesia</strong>n Provinces: population levelsProvincePopulation(2005)Growth averageannual growth(2001-2005)Jakarta . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,464,000 (0.1)%West Java . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39,067,000 1.8%East Java . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35,550,000 0.4%Central Java . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31,887,000 0.4%North Sumatra . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,453,000 1.4%Banten. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,309,000 2.8%TOTAL INDONESIA ...................................... 219,205,000 1.3%Source: Central Statistics BureauTable 3.1.2 Selected <strong>Indonesia</strong>n Provinces: GRDP per capitaProvinceGRDP(2004 M Rupiahin current prices)GRDP per capita(M Rupiah incurrent prices)Jakarta . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 377,159,110 50.5West Java. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 305,305,606 8.0East Java . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 341,765,923 9.7Central Java . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 193,435,263 6.1North Sumatra . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 118,100,511 9.6Banten . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 74,562,754 8.2TOTAL INDONESIA ..................................... 2,303,031,449 10.6Source: Central Statistics Bureau3.1.1 JakartaThe province of Jakarta is the capital of <strong>Indonesia</strong>. Jakarta consists of five municipalities—Jakarta Utara(North Jakarta), Jakarta Timur (East Jakarta), Jakarta Selatan (South Jakarta), Jakarta Barat (WestJakarta) and Jakarta Pusat (Central Jakarta).F-34

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