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Indonesia's Para Group aims to build 20 new theme parks across Indonesia
March 14, 2011

JAKARTA, March 14 (Reuters) - Para Group, one of Indonesia's emerging conglomerates, plans to build 20 new theme parks across the archipelago by 2020, Chairul Tanjung, the CEO of the group, said on Monday.

Para had secured $450 million of syndicated loans from nine banks including Citibank and Standard Chartered Bank this month to refinance the group's existing debt as well as for its capital expenditure, Tanjung said. (Reporting by Fathiya Dahrul)



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